
FxWirePro: Nikkei trades flat, good to buy on dips
Sep 08, 2016 02:40 am UTC| Technicals
Major support -16820 (200- day MA). Nikkei225 is trading in narrow range between 17154 and 16882 for the past two trading session.It is currently trading around 16955. Japans economy has expanded at better than...

FxWirePro: USD/TWD fails to fall below 31.00 mark, bias turns bullish again
Sep 08, 2016 02:38 am UTC| Technicals
USD/TWD is currently trading around 31.27 marks. It made intraday high at 31.30 and low at 31.19 marks. Intraday bias remains slightly bullish till the time pair holds key support at 31.09 marks. A daily...

FxWirePro: USD/SGD remains well supported below 1.35 mark, good to sell on rallies
Sep 08, 2016 01:52 am UTC| Technicals
USD/SGD is currently trading around 1.3462 marks. It made intraday high at 1.3481 and low at 1.3436 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3538 marks. A...

FxWirePro: USD/JPY recovery not convincing, holds above 20-DMA support, but bias still lower
Sep 08, 2016 01:43 am UTC| Technicals
USD/JPY managed to erase losses from lows of 101.20, but upside seems to be loosing traction. Likelihood of another BoJ disappointment at the Sept 21 meet is rising, putting upside risk to the near-term path for...

FxWirePro: South Korean won opens onshore trade at 1,090.5 per U.S. dollar, bias remains bearish
Sep 08, 2016 01:11 am UTC| Technicals
USD/KRW is currently trading around 1,092 levels. It made intraday high at 1,092 and low at 1,09 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,107 levels. A daily close...
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
Sep 07, 2016 16:00 pm UTC| Technicals
GBP/USD declined on Wednesday as sterling attracted seller after data showed British manufacturing output fell at the fastest pace in a year in July, in the immediate aftermath of Britains vote to leave the European...
FxWirePro: EUR/USD neutral in the near-term, scope for further upside
Sep 07, 2016 13:57 pm UTC| Technicals
EUR/USD paused its uptrend in the early US Session, as investors seem guarded from making big bets ahead of ECB Press conference. ECB is expected to leave monetary policy unchanged when it meets on Thursday. Currently...