
FxWirePro: NZD/USD on track to test channel top at 0.7285, stay long
Jan 20, 2017 07:32 am UTC| Technicals
Fundamental Factors: The Standard Poors, credit rating agency affirmed New Zealands AA foreign currency rating and AA+ local currency long-term sovereign credit rating and said its outlook remains stable. A strong...

GBP/JPY trades slightly above trend line resistance, jump till 143 likely
Jan 20, 2017 07:06 am UTC| Technicals
Major Resistance 141.50 (trend line joining 145.39 and 144.72) Major support 139.85 (200- H MA) GBP/JPY breaks major trend line resistance at 141.50 and jumped till 142.17 yesterday. It is currently trading...

FxWirePro: Gold takes support near 20- H MA, good to buy on dips
Jan 20, 2017 07:04 am UTC| Technicals
Major support - $1195 (200- HMA) Major resistance - $1220 (100- day EMA) The yellow metal has taken support near 200- HMA and started to jump from that level. Gold has declined till $1196 after hawkish tone by...

FxWirePro: EUR/AUD recovers from new 8-month lows at 1.40276, bias lower
Jan 20, 2017 06:03 am UTC| Technicals
Fundamental Factors: ECB kept its main rates unchanged and maintained the bond-buying program at Thursdays meeting. The central bank maintained its dovish stance despite an improving growth and inflation...

ASX200 breaks trend line support, decline till 5515 likely
Jan 20, 2017 05:22 am UTC| Technicals
Major support 5665 (trend line joining 5270 and 5380) ASX200 breaks trend line support at 5665 and declined till 5643 at the time of writing. It is currently trading around 5686. The index is trading slightly below...

Nikkei225 breaks minor trend line support, targets 19600
Jan 20, 2017 05:07 am UTC| Technicals
Nikkei225 breaks minor trend line resistance at 19080 and jumped slightly from that level.The index formed a temporary bottom at 18650 and currently trading around 19125 0.35% higher. USD/JPY has made a high of 115.60...

FxWirePro: USD/SGD remains well supported below 1.43 mark, good to sell on rallies
Jan 20, 2017 04:08 am UTC| Technicals
USD/SGD is currently trading around 1.4243 marks. It made intraday high at 1.4274 and low at 1.4235 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.4309 mark. A daily close...