
Aug 09, 2016 04:41 am UTC| Technicals
Major Support -16450 (21 day MA) . Major resistance- 17145 (200 day EMA). Nikkei225 has broken minor resistance 16600 and jumped till 16720 yesterday.It is currently trading around 16690. The index should...

FxWirePro: Prefer to go long on XAG/USD above $19.72 with stop loss at $19.48 and target of $20.05
Aug 09, 2016 03:57 am UTC| Technicals
XAG/USD is currently trading around $19.72 marks. It made intraday high at $19.77 and low at $19.68 levels. Intraday bias remains bullish till the time pair holds key support at $19.46 levels. A daily close...

FxWirePro: Taiwanese dollar strengthens against USD, likely to hit major support at 30.85
Aug 09, 2016 02:38 am UTC| Technicals
USD/TWD is currently trading around 31.40 marks. It made intraday high at 31.50 and low at 31.36 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.75 marks. A sustain close...

FxWirePro: USD/SGD remains well supported above 1.3452; stay bullish
Aug 09, 2016 02:10 am UTC| Technicals
USD/SGD is currently trading around 1.3482 marks. It made intraday high at 1.3485 and low at 1.3456 levels. Intraday bias remains bullish till the time pair holds key support at 1.3428 marks. A daily close...

FxWirePro: Aussie slightly lower ahead of Australia’s business confidence, China’s CPI data
Aug 09, 2016 01:14 am UTC| Technicals
AUD/NZD is currently trading around 1.0697 marks. Pair made intraday high at 1.0720 and low at 1.0693 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0754 levels. In...
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Aug 08, 2016 15:16 pm UTC| Technicals
The USD/CAD pair inched higher on Monday as a slump in Canadian domestic jobs and a record-wide trade deficit on Friday weighted on the Canadian dollar despite rise in oil prices. Oil rose after a report of renewed...
FxWirePro: USD/JPY maintains bullish bias with focus on 103.50 levels
Aug 08, 2016 14:27 pm UTC| Technicals
The USD/JPY pair continued to gain from Fridays close as the Japanese yen lost further ground against US dollar as stronger-than-expected payrolls data bolstered U.S. interest rate hike expectations in...