FxWirePro:ASX downside capped by 38.2% fibo, good to buy on dips
Oct 25, 2016 03:41 am UTC| Technicals
Major support - 5370 (38.2% retracement of 5152 and 5505). The index has formed double bottom around 5370 and started to jump sharply from that level.It is currently trading around 5446. ASX200 faces strong...

FxWirePro:Nikkei trades above 61.8% fibo, good to buy on dips
Oct 25, 2016 02:56 am UTC| Technicals
Major Resistance- 17322 (161.8% retracement of 17062 and 16641) Nikkei225 breaks major resistance at 17322 and rises to fresh six month high on Friday till 17374 at the time of writing.It is currently trading around...

FxWirePro: USD/TWD exhibits range bound movement, faces key hurdle at 31.83 mark
Oct 25, 2016 02:31 am UTC| Technicals
USD/TWD is currently trading around 31.72 marks. It made intraday high at 31.73 and low at 31.60 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.83 marks. A daily close...

Oct 25, 2016 01:49 am UTC| Technicals
USD/SGD is currently trading around 1.3935 marks. It made intraday high at 1.3949 and low at 1.3930 levels. Intraday bias remains bullish till the time pair holds key support at 1.3854 marks. A sustained...

FxWirePro: South Korean won falls after GDP data, bias remains bullish
Oct 25, 2016 01:28 am UTC| Technicals
USD/KRW is currently trading around 1,136 levels. It made intraday high at 1,138 and low at 1,135 marks. Intraday bias remains bullish till the time pair holds key support at 1,130 levels. A daily close...
FxWirePro: USD/CAD hits 7-month high, upside bias remains
Oct 24, 2016 18:46 pm UTC| Technicals
The USD/CAD inched higher on Monday as stronger dollar across the board and fall in oil prices weighted on Canadian dollar. The price of U.S. crude was down 0.92 percent at $50.38 a barrel as Iraq said it wanted to be...
FxWirePro: AUD/USD lose ground on Fed rate bets, bias is bearish
Oct 24, 2016 18:21 pm UTC| Technicals
AUD/USD declined on Monday as demand for greenback increased as recent comments from Federal Reserve raised bets that Federal Reserve will hike interest rate in December. San Francisco Fed President John Williams on...