FxWirePro: Chinese Yuan falls as China’s CPI remains stable in April
May 10, 2016 06:46 am UTC| Technicals
USD/CNY is currently trading around 6.5198 marks. It made intraday high at 6.5224 and low at 6.5140 levels. The CPI rose 2.3% year-on-year in April, in line with market forecasts and unchanged for the third...
GBP/JPY breaks major resistance, jump till 158.50 is possible
May 10, 2016 05:52 am UTC| Technicals
Major resistance- 156.71 (21 day MA) Major support - 155.85 (7 day EMA) The pair has been consolidating between 156.66 and 153.63 for the past six trading session. GBP/JPY has violated above 156.71 (21 day MA)...
May 10, 2016 05:48 am UTC| Technicals
Earlier USD/JPY TARGETS ACHIEVED, stay focused to enter better entry points for short near month futures again. Refer below link for our previous write up on this...
FxWirePro: Kiwi erases previous gain against Aussie, remains well supported above 1.08
May 10, 2016 05:42 am UTC| Technicals
AUD/NZD is trading around 1.0870 marks. Pair made intraday high at 1.0872 and low at 1.0795 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0833 marks. A daily close...
FxWirePro: Japanese Yen hits fresh weekly low against US dollar, intraday bias remains bullish
May 10, 2016 04:26 am UTC| Technicals
USD/JPY is currently trading around 108.72 marks. It made intraday high at 108.82 and low at 108.27 levels. Intraday bias remains bullish for the moment. A daily close below 108.20 will drag the parity down...
FxWirePro: Singapore dollar hits fresh monthly low against US dollar, intraday bias remains neutral
May 10, 2016 03:12 am UTC| Technicals
USD/SGD is currently trading around 1.3714 marks. It made intraday high at 1.3729 and low at 1.3703 levels. Intraday bias remains neutral for the moment. A sustained close above 1.3723 tests key resistances...
ASX200 trades well above 5300, jump till 5380/5420 is possible
May 10, 2016 02:51 am UTC| Technicals
Major resistance - 5375 Major Support - 5200 ASX200 pares early losses today morning after making a low of 5286 at the time of writing.It is currently trading at 5333. Short term trend is slightly bullish as...
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