FxWirePro: Gold dips in early Asia and now stabilizes above $1270, intraday bias remains neutral
May 12, 2016 04:56 am UTC| Technicals
XAU/USD is currently trading around $1272 mark. It made intraday high at $1278 and low at $1271 levels. Intraday bias remains neutral till the time pair holds immediate support at $1272 marks. A daily close...
FxWirePro: ASX200 faces strong support at 5300, good to buy at dips
May 12, 2016 02:49 am UTC| Technicals
Major resistance - 5380 Major Support - 5300 ASX200 pares losses made yesterday and slightly jumped till 5367 at the time of writing. It is currently trading at 5346. Short term trend is slightly bullish...
FxWirePro: Aussie falls as inflation expectation dips to fresh 8 –month low
May 12, 2016 02:44 am UTC| Technicals
AUD/NZD is trading around 1.0756 marks. Pair made intraday high at 1.0819 and low at 1.0747 marks. MI inflation expectation falls to fresh 8 month low to 3.2% m/m vs 3.6% previous release. Intraday bias...
FxWirePro: Nikkei225 faces strong resistance at 100 day EMA,good to sell on rallies
May 12, 2016 02:32 am UTC| Technicals
Major resistance - 17000 (100 day EMA) Major support - 16350 (10 day EMA) Nikkei index has declined yesterday after making a high of 16800.It is currently trading around 16484. Short term trend is slightly...
FxWirePro: USD/KRW trading in tight range, intraday bias remains neutral
May 12, 2016 01:48 am UTC| Technicals
USD/KRW is currently trading around 1164 levels. Intraday bias remains neutral till the time pair holds key support at 1162 marks. Pair is trading in tight range from 1162 to 1172 marks. A break of either...
FxWirePro: Japanese Yen gains in early Asia on robust current account data
May 12, 2016 01:15 am UTC| Technicals
USD/JPY is currently trading around 108.34 marks. It made intraday high at 108.50 and low at 108.22 levels. Japans current account surplus expanded from 2.43 trillion in February to 2.98 trillion in March, the...
FxWirePro: Gold rallies as dollar struggles, bias back to upside
May 11, 2016 18:57 pm UTC| Technicals
Gold rebounded onWednesday, as the dollar rally paused on the day and global shares fell rekindling investors appetite for the yellow metal. The commodity is set to advance further towards 1285 and 1295 in the...
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