
FxWirePro: NZD/JPY struggles at major resistance at 77.40, further upside likely on break above
May 22, 2017 06:02 am UTC| Technicals
NZD/JPY is struggling to break major resistance at 77.40, further gains likely on break above. The pair is trading at 77.32, up 0.41 percent on the day and just shy of 50-DMA at 77.55. Above 77.55 we see little...

FxWirePro: Gold holds at higher level on political uncertainty, good to buy on dips
May 22, 2017 05:43 am UTC| Technicals
Gold prices shown minor jump after hitting the low of $1246 on Friday. The yellow metal climbed sharply after allegations that Trump asked FBI director James Comey to end his investigation of former National security...

FxWirePro: USD/INR trades in narrow range, bias remains bearish
May 22, 2017 05:23 am UTC| Technicals
USD/INR is currently trading around 64.50 marks. It made intraday high at 64.55 and low at 64.44 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.02 marks. Key resistances...

FxWirePro: USD/JPY closes bearish gap open, 5-DMA at 111.62 offers stiff resistance
May 22, 2017 05:19 am UTC| Technicals
USD/JPY closes bearish gap open and is trading 0.23 percent higher in the Asian session. Markets brush aside news of North Korea having fired a mid-range missile near Pyongyang on Sunday. Rally in the UST yields...

FxWirePro: USD/CNY exhibits range bound movement, PBOC sets yuan mid-point at 6.8673
May 22, 2017 03:58 am UTC| Technicals
USD/CNY is currently trading around 6.8894 marks. It made intraday high at 6.8908 and low at 6.8799 levels. Intraday bias remains bullish till the time pair holds key support at 6.88 marks. A sustained close...

May 22, 2017 03:12 am UTC| Technicals
USD/THB is currently trading around 34.34 marks. It made intraday high at 34.39 and low at 34.31 marks. Intraday bias remains neutral till the time pair holds key support at 34.31 marks. On the top side, key...

FxWirePro: Nikkei trades higher, good to buy on dips
May 22, 2017 03:09 am UTC| Technicals
Nikkei index shown a recovery from the low of 19277 made on MAY 18th2017 on account of rising crude oil prices and slightly weaker yen. The index is trading around 19646 0.17% lower. U.S dollar index hits six month...