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FxWirePro: Niikei225 recovers slightly from the low of 16333, good to sell on rallies

Sep 16, 2016 02:37 am UTC| Technicals

Major support -16260 (38.2% retracement of 14823 and 17159). Major resistance- 16805 (200- HMA). Nikkei225 has declined slightly after making a high of 16511.It is currently trading around 16443. The index...

FxWirePro: USD/TWD breaks key support at 31.62, good to sell on rallies

Sep 16, 2016 01:53 am UTC| Technicals

USD/TWD is currently trading around 31.58 marks. It made intraday high at 31.69 and low at 31.55 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.81 marks. A daily close...

FxWirePro: USD/SGD hovers around 1.36 mark, bias remains neutral

Sep 16, 2016 01:32 am UTC| Technicals

USD/SGD is currently trading around 1.3622 marks. It made intraday high at 1.3631 and low at 1.3604 levels. Intraday bias remains neutral till the time pair holds key support at 1.3605 marks. A daily close...

FxWirePro: AUD/USD gains some upside momentum but still bearish

Sep 15, 2016 16:14 pm UTC| Technicals

The AUD/USD pair inched higher in the US session as the pair got a lift from mixed US economic data. The Aussie weakened during the Asian and European sessions, but rose in the US session after the release of US...

FxWirePro: USD/CAD runs out of steam but maintains bullish outlook

Sep 15, 2016 14:18 pm UTC| Technicals

USD/CAD pair in the early US session has paused to trade around 1.3185 levels, having inched higher during the previous European session. The pair is trading a few pips below its daily high, maintaining its overall bullish...

CAD/JPY Trade Idea

Sep 15, 2016 12:35 pm UTC| Technicals

Major resistance- 78.83 (10- day MA). Major support -76.75 (Aug 3rd 2016 low). CAD/JPY has jumped till 78.63 yesterday and declined sharply from that level. It is currently trading around 77.55. The pair is...

FxWirePro: CAD/JPY upside capped by 10- day MA, good to sell on rallies

Sep 15, 2016 12:10 pm UTC| Technicals

Major resistance- 78.83 (10- day MA) Major support -76.75 (Aug 3rd 2016 low) CAD/JPY has jumped till 78.63 yesterday and declined sharply from that level. It is currently trading around 77.55. The pair is...

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