
FxWirePro: Nikkei225 trades well above 16000, good to buy at dips
Jun 22, 2016 04:31 am UTC| Technicals
Major resistance - 16488 (21 W EMA) Nikkei Index has recovered sharply after making a low of 15574. The index has broken major resistance 16000on hopes that Britain will stay in EU. Short term trend is slightly...

FxWirePro: EUR/GBP trades a narrow range in the Asian session, downside holds above 78.6%Fib
Jun 22, 2016 04:29 am UTC| Technicals Commentary
Forecasting of post-referendum moves difficult. The Brexit Vote is too close to call. The latest IG Survation Brexit poll shows that the margin between stay and remain camp narrowing with 44% supporting the Leave camp...

FxWirePro: USD/INR breaks key resistance at 67.51, Sustain close above targets 68.05 mark
Jun 22, 2016 04:19 am UTC| Technicals
USD/INR is currently trading around 67.56 marks. It made intraday high at 67.62 and low at 67.48 marks. Intraday bias remains bullish till the time pair holds key support at 67.37 marks. Key resistances are...

FxWirePro: USD/JPY remains well supported below 104.85 mark, upside limited
Jun 22, 2016 02:50 am UTC| Technicals
USD/JPY is currently trading around 104.43 marks. It made intraday high at 104.85 and low at 104.35 levels. Intraday bias remains bearish for the moment. A sustained close below 103.94 will drag the parity...

FxWirePro: USD/KRW refrains to break key support at 1152, intraday bias remains neutral
Jun 22, 2016 02:04 am UTC| Technicals
USD/KRW is currently trading around 1156 levels. It made intraday high at 1157 and low at 1154 marks. Intraday bias remains neutral till the time pair holds key support at 1152 mark. A sustained close below...

FxWirePro: EUR/AUD breaks major trendline support at 1.51, drop till 1.50 likely
Jun 22, 2016 01:48 am UTC| Technicals
EUR/AUD has breached major trendline support at 1.51 levels, intra-day bias remains lower. The pair is trading below all major moving averages, momentum studies are bearish. Some stability back into the commodity...

FxWirePro: USD/SGD slightly recovers from fresh 7 –week low, good to buy on dips
Jun 22, 2016 01:45 am UTC| Technicals
USD/SGD is currently trading around 1.3426 marks. It made intraday high at 1.3437 and low at 1.3418 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3437 levels. A daily...