
Jan 30, 2017 05:49 am UTC| Technicals
The flurry of bearish candlestick patterns occurred at peaks of USDJPY rallies. Shooting star pattern is traced out 114.975, hanging man at 115.224 levels, now a gap down opening has popped up at 114.396 levels. As a...

FxWirePro: EUR/JPY holds above 5-DMA, intraday bias higher, good to long dips
Jan 30, 2017 05:33 am UTC| Technicals
Fundamental Factors: Yen was sold-off last week into increased bond-buying plans announced by the BOJ which squashed tapering hopes. The BoJ announced JGB-buying plans and increased bond purchases in the 5-10 year...

FxWirePro: AUD/CAD rangebound, finds strong support at 0.9853 (20-DMA)
Jan 30, 2017 05:06 am UTC| Technicals
AUD/CAD bounces off 20-DMA on Fridays trade, intraday bias neutral. The pair is trading a narrow range in the Asian session today, with days high at 0.9929 and low at 0.9910. Series of major support levels align...

FxWirePro: Silver trades higher on Monday, stay bullish
Jan 30, 2017 04:58 am UTC| Technicals
XAG/USD is currently trading around $17.12 marks. It made intraday high at $17.19 and low at $17.06 levels. Intraday bias remains bullish till the time pair holds key support at $16.99 mark. A daily close...

FxWirePro: USD/TWD hovers around key support at 31.45 mark, bias remains bearish
Jan 30, 2017 04:01 am UTC| Technicals
USD/TWD is currently trading around 31.45 mark. It made intraday high at 31.55 and low at 31.41 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.59 marks. A sustain close...

FxWirePro: Singapore dollar gains in early hours of Asia, downside limited
Jan 30, 2017 03:39 am UTC| Technicals
USD/SGD is currently trading around 1.4231 marks. It made intraday high at 1.4315 and low at 1.4229 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.4327 mark. A daily close...

FxWirePro:Nikkei225 forms bearish Bat pattern, goo to sell on rallies
Jan 30, 2017 02:46 am UTC| Technicals
Nikkei225 declined sharply after showing a minor jump above 19500 level. It is currently trading around 19306 0.85% lower. The index has formed bearish Bat pattern in the four hour chart and any break above Potential...