
Feb 10, 2017 05:55 am UTC| Technicals
Data released earlier today showed China saw a sharp rise in the exports and imports in CNY terms in January. Chinas trade surplus, exports as well imports came in much stronger-than-expected. Stellar numbers are...

FxWirePro: XAG/USD rejects key resistance at $17.82 mark, bias remains bearish
Feb 10, 2017 05:51 am UTC| Technicals
XAG/USD is currently trading around $17.54 marks. It made intraday high at $17.63 and low at $17.51 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.82 mark. A daily close...

FxWirePro: Gold trades lower on Trump Tax pledge, good to sell on rallies
Feb 10, 2017 05:46 am UTC| Technicals
Major support - $1218 (100- day EMA) Major resistance - $1248 (150- W MA) The yellow metal declined sharply after hitting fresh three month high yesterday. Gold has fallen almost $20 from the high of $1244.80 on...

Feb 10, 2017 05:20 am UTC| Technicals
On daily terms, the pair has formed thetriple top pattern with top 1 at 88.925, top 2 at 88.660 and top 3 at 87.973 levels with a gravestone doji formation. The prices gradually have been sliding after triple top...

FxWirePro: USD/JPY scope for test of 50-DMA at 115.03, good to go long on dips
Feb 10, 2017 05:13 am UTC| Technicals
Yen largely ignored higher than expected PPI data earlier today. Japans January corporate goods price y/y increase to 0.5 % (forecast 0.0 %) vs previous -1.2 % Japans January corporate goods price m/m stays flat at 0.6...

FxWirePro: South Korean won opens onshore trade at 1,153.3 per U.S. dollar, upside limited
Feb 10, 2017 04:08 am UTC| Technicals
USD/KRW is currently trading around 1,150levels. Pair made intraday high at 1,152 and low at 1,149 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,152 marks. A daily close...

FxWirePro: EUR/KRW breaks key resistance at 1,227 mark, stay bullish
Feb 10, 2017 03:00 am UTC| Technicals
EUR/KRW is currently trading around 1,226 mark. Pair made intraday high at 1,228 and low at 1,224 levels. Intraday bias remains slightly bullish till the time pair holds immediate support at 1,221 mark. A...