
FxWirePro: Nikkei225 forms bearish divergence, good to sell on rallies
Jun 14, 2017 03:25 am UTC| Technicals
Nikkei has shown a minor sell off after hitting a high of 20228 on Jun 5th2017 on account of Fed monetary policy meeting which is to be concluded tomorrow. It is currently trading around 19923. Fed is expected to...

Jun 14, 2017 03:06 am UTC| Technicals
Aussie failed to benefit from slightly upbeat Chinese macro releases, keeps AUD/USD rangebound. China May industrial production came-in at 6.5% y/y, beating the estimate of 6.3%. Retail sales printed at 10.7%,...

FxWirePro: USD/CNY trades almost flat after China’s retail sales, industrial output data
Jun 14, 2017 02:52 am UTC| Technicals
USD/CNY is currently trading around 6.7973 marks. It made intraday high at 6.7980 and low at 6.7959 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7980 marks will test key...

FxWirePro: South Korean won marginally higher against euro, short term trend reversal likely
Jun 14, 2017 01:48 am UTC| Technicals
EUR/KRW is currently trading around 1,260 mark. Pair made intraday high at 1,262 and low at 1,259 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1,265 marks. A...

FxWirePro: USD/THB breaks key support at 33.94 mark, bias remains bearish
Jun 14, 2017 01:00 am UTC| Technicals
USD/THB is currently trading around 33.90 marks. It made intraday high at 33.94 and low at 33.90 marks. Intraday bias remains bearish for the moment. On the top side, key resistances are seen at 34.06,...
FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
Jun 13, 2017 16:06 pm UTC| Technicals
The EUR/USD pair declined in the US session on Tuesday as investors cashed in on euro earlier gains ahead of Federal Reserve meeting that is expected to raise the U.S. benchmark interest rate and signal the pace of further...
FxWirePro: USD/JPY hovers around 110.00 levels, bias is neutral,Fed rate decision in focus
Jun 13, 2017 14:50 pm UTC| Technicals
USD/JPY was little changed on Tuesday as most investors stayed on the sidelines ahead of a U.S. Federal Reserve meeting that should provide signals on the pace of future monetary tightening. The Fed is widely expected...