
FxWirePro: ASX200 faces strong support at 200 day MA, good to sell on rallies
Jul 07, 2016 02:25 am UTC| Technicals
Major Intraday resistance - 5276 (200 4H MA) The index has taken support near 200 day MA and recovered sharply from that level.It is currently trading around 5222. Overall trend is weak as long as the resistance...

FxWirePro: Aussie falls against major peers after S&P revises Australia’s sovereign credit outlook
Jul 07, 2016 02:22 am UTC| Technicals
AUD/NZD is trading around 1.0504 marks. Pair made intraday high at 1.0549 and low at 1.0487 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0547 marks. On the top side, a...

FxWirePro: Nikkei faces strong resistance at 15500, good to sell on rallies
Jul 07, 2016 02:02 am UTC| Technicals
Major support -14770 (Feb 2nd 2016) Major Intraday resistance- 15500 (200 H EMA) Nikkei225 recovers sharply till 15408 at the time of writing after making a low of 15101.It is currently trading around...

Jul 07, 2016 01:54 am UTC| Technicals
SP lowers Australias sovereign credit outlook down to negative from stable. AUD/USD slumps around 60 pips from 0.7529 levels to 0.7466. The pair has recovered from lows to currently retake the 0.75...

FxWirePro: South Korean won opens onshore trade at 1,158.5 per dollar, intraday bias remains bearish
Jul 07, 2016 01:52 am UTC| Technicals
USD/KRW is currently trading around 1157 levels. It made intraday high at 1160 and low at 1155 levels. Intraday bias remains bearish till the time pair holds key resistance at 1167 mark. A sustained break...

FxWirePro: Yen gains in early hours of Asia after Kuroda’s statements
Jul 07, 2016 01:13 am UTC| Technicals
USD/JPY is currently trading around 101.02 marks. It made intraday high at 101.40 and low at 100.94 levels. Intraday bias remains bearish till the time pair holds key resistance at 101.76 marks. A daily...
FxWirePro: USD/JPY gains some upside momentum but still bearish
Jul 06, 2016 17:44 pm UTC| Technicals
The USD/JPY pair initially slipped to hit low at 100.17 levels during early US session, however, the pair pulled back some losses after the release of better-than-expected U.S. ISM non-manufacturing PMI data. At the...
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