
FxWirePro: EUR/KRW hovers around key resistance at 1,256 mark, sustained close above targets 1,268
Jan 17, 2017 00:48 am UTC| Technicals
EUR/KRW is currently trading around 1,256 mark. Pair made intraday high at 1,256 and low at 1,251 levels. Intraday bias remains bullish till the time pair holds immediate support at 1,245 mark. A consistent...
FxWirePro: GBP/USD holds above 1.2000 but upside is limited
Jan 16, 2017 15:03 pm UTC| Technicals
GBP/USD declined on Monday as sterling was weighted down on fears that Prime Minister Theresa May will say on Tuesday that Britain is set for a hard Brexit out of the EU and its single market. May has said she will...
FxWirePro: EUR/USD pauses decline, downside risk remains
Jan 16, 2017 14:35 pm UTC| Technicals
The EUR /USD pair declined on Monday as dollar strengthened ahead of a speech by Federal Reserve Chair Janet Yellen and Donald Trumps inauguration as President later this week. Trump did not disclose details at his...
FxWirePro: USD/KRW technical, fundamental and hedging pack
Jan 16, 2017 13:28 pm UTC| Technicals
In this write up, we emphasize dollars robustness against Korean currency and the hedging solution to keep this risk on check. We recently went long USDKRW at around 1168 and earned return s at 1208. The rally in KRW...

FxWirePro:GBP/USD upside capped by 23.6% fibo, good to sell on rallies
Jan 16, 2017 12:51 pm UTC| Technicals
Major resistance 1.2200 (support turned into resistance) Major support - 1.2000 Cable has declined drastically after Theresa May comment on Hard Brexit. The pair broken major pschycological support at 1.2000 and...

CAD/JPY breaks trend line support at 86.85, declined till 85.95/84 likely
Jan 16, 2017 11:52 am UTC| Technicals
Major Support 113.35 Major resistance 115.50 CHF/JPY breaks major support at 113.35 and declined till 112.56. It is currently trading around 112.82. Any violation below 113.35 will drag the pair down till...

FxWirePro:US Oil faces strong support at 200- HMA,good to sell on rallies
Jan 16, 2017 11:14 am UTC| Technicals
Major Intraday Support - $52.10 (Cloud bottom) Major resistance - $52.67 (200- HMA) US oil recovered slightly after making a low of $52.13at the time of writing. It is currently trading around $52.25. The...