
FxWirePro: China's yuan weakens to 6.9000 per dollar despite robust CPI, PPI data
Dec 09, 2016 02:12 am UTC| Technicals
USD/CNY is currently trading around 6.8997 marks. It made intraday high at 6.9024 and low at 6.8770 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8850 marks will test key...

FxWirePro: South Korean won gains sharply against euro after ECB meeting
Dec 09, 2016 01:52 am UTC| Technicals
EUR/KRW is currently trading around 1,236 mark. Pair made intraday high at 1,237 and low at 1,232 levels. Intraday bias remains slightly bullish till the time pair holds immediate support at 1,232 mark. A...

Dec 09, 2016 00:56 am UTC| Technicals
USD/JPY is currently trading around 114.22 marks. It made intraday high at 114.30 and low at 113.98 levels. Intraday bias remains neutral till the time pair holds key resistance at 114.42 levels. A daily...
FxWirePro: GBP/USD strongly bearish despite upside attempts
Dec 08, 2016 15:48 pm UTC| Technicals
GBP/USD declined on Thursday as the pound came under selling pressure on the back of a decision by the European Central Bank to extend monthly asset purchases until next December albeit at a lower monthly...
FxWirePro: EURUSD resumes downside after ECB tapers asset buys
Dec 08, 2016 15:26 pm UTC| Technicals
The EUR/USD pair initially inched higher in the US session but declined sharply after the ECB announced that it would reduce its asset buying programme to 60 billion euros ($64 billion) from next April from the current 80...

FxWirePro: EUR/AUD pares gains, slips below 50-DMA resistance post-ECB
Dec 08, 2016 13:07 pm UTC| Technicals
EUR/AUD pares gains, slips below 50-DMA which is major resistance. ECB left the interest rate on the main refinancing operations at 0.00%, the interest rate on the marginal lending facility and the deposit facility at...

FxWirePro: NZD/USD hovers around 100-DMA at 0.7196, breakout above could test 0.7289
Dec 08, 2016 12:40 pm UTC| Technicals
NZD/USD edges lower from session highs at 0.7222. The pair finds strong resistance by 100-DMA at 0.7196. Breakout finds next strong resistance at 0.7228 (50% Fib and Nov 11 high). Technicals support upside...