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FxWirePro: USD/JPY slips below 20-DMA, intraday bias lower

Jan 05, 2017 04:29 am UTC| Technicals

USD/JPY has breached strong support by 20-DMA at 116.99. Technical studies have turned bearish. RSI and Stochs have rolled over from overbought zone. MACD has shown a bearish crossover on signal line and momentum...

ASX trades well above 5700, jump till 5940 likely

Jan 05, 2017 03:55 am UTC| Technicals

Major support 5667 (200- H MA). ASX200 broken the previous high of 5755 and jumped till 5764 yesterday. It is currently trading around 5758. Short term trend is bullish as long as support 5665 (200- HMA)...

Nikkei225 struggles to close above 16950, good to buy on dips

Jan 05, 2017 03:42 am UTC| Technicals

Nikkei225 broken the previous high of 19653 and jumped slightly from that level. The slight recovery in yen has dragged the price down from the high of 19673. It is currently trading around 19498 0.64% lower. USD/JPY...

FxWirePro: USD/SGD hits fresh 3-week low at 1.4355, good to sell on rallies

Jan 05, 2017 03:25 am UTC| Technicals

USD/SGD is currently trading around 1.4388 marks. It made intraday high at 1.4407 and low at 1.4355 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.4505 marks. A daily...

FxWirePro: USD/THB trades in narrow range, stay bearish

Jan 05, 2017 02:33 am UTC| Technicals

USD/THB is currently trading around 35.80 marks. It made intraday high at 35.81 and low at 35.76 marks. Intraday bias remains bearish till the time pair holds key resistance at 35.93 mark. On the top side...

FxWirePro: EUR/KRW stabilizes above 1,250 mark, intraday bias remains bullish

Jan 05, 2017 02:04 am UTC| Technicals

EUR/KRW is currently trading around 1,254 mark. Pair made intraday high at 1,255 and low at 1,252 levels. Intraday bias remains bullish till the time pair holds key support at 1,250 mark. A sustained close...

FxWirePro: Japanese yen gains as Japan’s December services PMI rises to 52.3, highest in 11 months

Jan 05, 2017 01:36 am UTC| Technicals

USD/JPY is currently trading around 116.62 marks. It made intraday high at 117.42 and low at 116.30 levels. Intraday bias remains bearish till the time pair holds key resistance at 118.18 levels. A daily...

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