
Nikkei225 –Bremain may trigger break above 21 day MA
Jun 23, 2016 06:22 am UTC| Technicals
Major support -15500 (200 WMA) Major resistance 16400 (21 day MA) The index is trading well above 16000 on hopes that UK will stay in EU. It is currently trading at 16205.Short term trend is slightly bullish as...

FxWirePro: AUD/JPY breaks major resistance at 78.35, stay long
Jun 23, 2016 05:59 am UTC| Technicals
AUD/JPY hits new weekly high of 78.98, intraday bias is higher. Commodity currencies remainsupported by broadly weaker dollar and rising commodity prices. Markets remain nervous heading into the EUs membership...

Trading Gold under Brexit and Bremain scenarios
Jun 23, 2016 05:45 am UTC| Technicals
Major support - $1252 (21 day MA) The bullion has declined slightly below 21 day EMA and is currently trading at $1262.92. Any violation below 21 day MA will drag the pair down till $1235 (90 day EMA)/$1212...

FxWirePro: Silver stabilises around $17.22 mark, down side limited
Jun 23, 2016 05:22 am UTC| Technicals
XAG/USD is currently trading around $17.23 marks. It made intraday high at $17.27 and low at $17.15 levels. Intraday bias remains bullish till the time pair holds initial support at $17.02 marks. A sustained...

FxWirePro: NZD/USD hovers around new one-year high of 0.7188, bias higher
Jun 23, 2016 05:15 am UTC| Technicals
Broad based USD weakness and rising oil prices support NZD/USD higher. The pair hovers around new one-year high set yesterday at 0.7188 levels. Momentum studies are bullish, pair trades above major moving...

FxWirePro: AUD/USD upside capped by cloud top at 0.7528, momentum bullish
Jun 23, 2016 04:48 am UTC| Technicals
Risk-on back in markets after latest round of Brexit polls showed an overall lead for the remain vote. Greenback is being offered in Asia. AUD finds support from iron ore prices, which jumped out of its steady trading...

FxWirePro: USD/INR opens lower at 67.41, bias remains bearish below 67.32
Jun 23, 2016 04:21 am UTC| Technicals
USD/INR is currently trading around 67.36 marks. It made intraday high at 67.48 and low at 67.27 marks. Intraday bias remains bearish till the time pair holds key resistance at 67.62 marks. Key resistances...