
FxWirePro: Nikkei225 faces strong resistance at 17000, good to buy on dips
Aug 15, 2016 03:29 am UTC| Technicals
Nikkei225 has jumped from the low of 16774 made on Friday. It is currently trading around 16884. The index should break the temporary top formed at 16930 (Jul 21st 2016 high) for further bullishness. Short term...

FxWirePro: USD/TWD hovers around key resistance at 31.46, sustain a break above targets 31.62
Aug 15, 2016 02:40 am UTC| Technicals
USD/TWD is currently trading around 31.42 marks. It made intraday high at 31.44 and low at 31.33 marks. Intraday bias remains bullish for the moment. A sustain close below 30.99 mark will test key supports...

FxWirePro: USD/SGD remains well supported above 1.3450 ahead of Singapore’s retail sales data
Aug 15, 2016 01:50 am UTC| Technicals
USD/SGD is currently trading around 1.3465 marks. It made intraday high at 1.3474 and low at 1.3448 levels. Intraday bias remains bullish till the time pair holds key resistance at 1.3422 marks. A daily...

FxWirePro: Yen falls against major peers on the back of lower than expected prelim GDP data release
Aug 15, 2016 01:02 am UTC| Technicals
USD/JPY is currently trading around 101.32 marks. It made intraday high at 101.43 and low at 101.10 levels. Intraday bias remains bullish till the time pair holds key support at 100.52 levels. A daily close...
FxWirePro: USD/JPY outlook weaker on renewed downside pressure
Aug 12, 2016 16:15 pm UTC| Technicals
The Japanese yen was favored on Friday as disappointing US retail sales figures, fueled concerns over the next rate hike by Federal Reserve. The pair after the data release slipped sharply to hit hitting session low...
FxWirePro: EUR/USD rallies towards 1.1220 levels, but reversal is likely
Aug 12, 2016 14:59 pm UTC| Technicals
EUR /USD pair advanced in US session after buyers stepped in, following weak U.S. retail sales and producer prices data suggested U.S. inflation may not be gaining steam and that the Federal Reserve could be slow to raise...

Aug 12, 2016 12:52 pm UTC| Technicals
On a broader perspective, long term trend has still been in therange of 1.05 to 1.16 levels that have been persisting since February 2015 (see rectangular areas in monthly charts). After the German growth data surprised...