
Nikkei225 breaks major support 90 EMA, targets 16000
Jul 26, 2016 02:45 am UTC| Technicals
Major Support -16430 (90 day EMA) Major Intraday resistance- 17000 Nikkei225 has broken major support 16430 and declined till 16334 at the time of writing on the account of stronger yen.It is currently trading...

FxWirePro: South Korean won appreciates on robust GDP data
Jul 26, 2016 02:23 am UTC| Technicals
USD/KRW is currently trading around 1,138 levels. It made intraday high at 1,141 and low at 1,138 levels. Intraday bias remains bearish for the moment. A sustained break below 1128(October 2015 low) will...

FxWirePro: EUR/JPY holds above 115 handle, bias lower
Jul 26, 2016 02:10 am UTC| Technicals
Uncertainty ahead of FOMC and BOJ keeps yen demand intact as markets consider the possibility of BOJ under delivering this Friday. EUR/JPY sharply down on the day, falling around 0.8 percent from days high of 116.41...

FxWirePro: Yen gains in early hours of Asia on the back of higher than expected SPPI data
Jul 26, 2016 01:44 am UTC| Technicals
USD/JPY is currently trading around 104.91 marks. It made intraday high at 105.89 and low at 104.76 levels. Intraday bias remains slightly bearish for the moment. A daily close above 106.12 will take the...

FxWirePro: Kiwi falls against major peers after trade balance data
Jul 26, 2016 01:10 am UTC| Technicals
AUD/NZD is currently trading around 1.0687 marks. Pair made intraday high at 1.0689 and low at 1.0666 marks. Intraday bias remains neutral for the moment. On the top side, a sustained close above 1.0727 will...
FxWirePro: USD/JPY runs out of steam but maintains bullish outlook
Jul 25, 2016 19:55 pm UTC| Technicals
The USD/JPY pair declined towards 105.79 levels in the US session as investor sentiment was hurt after US stocks edged lower and traders awaited signals of a potential interest rate increase this year from this weeks...
FxWirePro: GBP/USD gains some upside momentum but still bearish
Jul 25, 2016 17:56 pm UTC| Technicals
GBP/USD declined in the earlier session to hit low at 1.3094 levels. However, the currency pair recovered after US equity markets edged lower as a 2 percent drop in crude prices weighed on investor...