
FxWirePro: USD/JPY on track to test support at 110.50, momentum heavily bearish
Apr 04, 2016 03:44 am UTC| Technicals
USD/JPY extends lower after breaking strong trendline support at 112.95. Heavy bearish bias continues, test of 110.50 likely, breaks below could see 110 levels. BOJ March Tankan corporate price expectations...

FxWirePro: ASX200 faces strong resistance around 5055, break baove targets 5130/5160
Apr 04, 2016 03:03 am UTC| Technicals
Major resistance - 5055 (trend line joining 5220 and 5100) ASX200 has recovered after making a low of 4961. It is currently trading at 5041. Short term trend is slightly bullish as long as support 4960 holds. Any...

FxWirePro: South Korean fails to sustain above key resistance at 1153, good to sell on rallies
Apr 04, 2016 02:42 am UTC| Technicals
USD/KRW is currently trading around 1146 levels. It made intraday high at 1151 and low at 1145 levels. Pair hits fresh 4 month low at 1136 and on the very next day hit key resistance at 1153 after NFP results but...

FxWirePro: Nikkei225 recovers after making a low of 16013, good to sell on rallies
Apr 04, 2016 02:26 am UTC| Technicals
Major Support - 16000 The index has made a low of 16013 at the time of writing and slightly recovered from that level.It is currently trading around 16158.Short term trend is bearish as long as resistance 16570 (7 W...

FxWirePro: Aussie falls after lower than expected retail sales data
Apr 04, 2016 01:48 am UTC| Technicals
AUD/NZD is trading around 1.1078 marks. Pair made intraday high at 1.1139 and low at 1.1074 marks. The Australias MI Inflation Gauge suggests that the CPI was flat March, after falling 0.2% in February and rising...

FxWirePro: Japanese Yen strengthens after NFP job results, intraday bias remains bearish
Apr 04, 2016 01:24 am UTC| Technicals
USD/JPY is currently trading around 111.48 marks. It made intraday high at 111.79 and low at 111.42 levels. Intraday bias remains bearish for the moment. Pair remains well supported below 112.00 and...

FxWirePro: USD/SGD fails to find support above 1.35, intraday bias remains neutral
Apr 04, 2016 00:55 am UTC| Technicals
USD/SGD is currently trading around 1.3492 marks. It made intraday high at 1.3511 and low at 1.3477 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3552 levels. On the...