
Nikkei major trend line support at 19120, close below confirms bearish continuation
Mar 08, 2017 03:16 am UTC| Technicals
Major resistance - 19698 ( Jan 9th 2017) Nikkei is trading weak for the fifth consecutive days on account of stronger yen.The index broken major support at 21- day EMA and declined till119190. It is currently trading at...

FxWirePro: Singapore dollar rises gradually against U.S. dollar, faces strong support at 1.4107
Mar 08, 2017 02:35 am UTC| Technicals
USD/SGD is currently trading around 1.4107 marks. It made intraday high at 1.4115 and low at 1.4095 levels. Intraday bias remains neutral till the time pair holds key support at 1.4107 marks. A daily close...

FxWirePro: South Korean won erases previous loss against euro, stay bearish below 1,211
Mar 08, 2017 01:57 am UTC| Technicals
EUR/KRW is currently trading around 1,212 mark. Pair made intraday high at 1,214 and low at 1,211 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,222 mark. A daily close...

FxWirePro: Japanese yen marginally higher in Asia on robust GDP data
Mar 08, 2017 01:13 am UTC| Technicals
USD/JPY is currently trading around 113.87 marks. It made intraday high at 114.01 and low at 113.83 levels. Intraday bias remains neutral till the time pair holds key resistance at 114.59 marks. A daily...
FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
Mar 07, 2017 17:20 pm UTC| Technicals
The EUR /USD pair declined on Tuesday as expectations that Federal Reserve will raise interest rates supported the U.S. dollar. Dollar jumped in reaction to comments from Fed officials, including Fed Chair Janet...
FxWirePro: USD/CAD consolidating around 1.3428, bias is bullish
Mar 07, 2017 15:29 pm UTC| Technicals
The USD/CAD pair rose on Tuesday as dollar was broadly steadier as the market priced in the high likelihood of a U.S. Federal Reserve interest rate hike next week. The Federal Reserve has left no stone unturned in...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Mar 07, 2017 14:45 pm UTC| Technicals
The Sterling remained in strong bearish tone against dollar on Tuesday ahead of a second vote in Britains upper house of parliament on legislation giving Prime Minister Theresa May the right to start formal Brexit...