
FxWirePro: NZD/USD breaks strong trendline resistance at 0.6870, good to buy dips
Apr 26, 2016 03:23 am UTC| Technicals
Upside in NZD/USD gains traction in the Asian hours as a rebound in the oil prices overnight and broadly weaker US dollar support. The pair broke major trendline resistance at 0.6870 to extend gains upto...

FxWirePro: Nikkei225 struggles to close above 18000,good to sell on rallies
Apr 26, 2016 03:14 am UTC| Technicals
Major resistance - 18150 (200 day MA) The index has retreated after making a high of 1770. It is currently trading around 17240.Short term trend is slightly bearish as long as resistance 18150 holds. The index...

FxWirePro: USD/SGD remains well supported above 1.35, upside limited
Apr 26, 2016 03:06 am UTC| Technicals
USD/SGD is currently trading around 1.3532 marks. It made intraday high at 1.3542 and low at 1.3509 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3489 levels. A...

FxWirePro: AUD/NZD fails to break key resistance at 1.1298, good to buy on dips
Apr 26, 2016 02:05 am UTC| Technicals
AUD/NZD is trading around 1.1220 marks. Pair made intraday high at 1.1250 and low at 1.1217 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.1298 marks. A daily close...

FxWirePro: USD/JPY in tight range during Asian hours, intraday bias remains neutral
Apr 26, 2016 01:32 am UTC| Technicals
USD/JPY is currently trading around 111.19 marks. It made intraday high at 111.29 and low at 110.95 levels. Intraday bias remains neutral for the moment. A sustained close above 111.32 will take the parity...

FxWirePro: South Korean won holds steady despite lower than expected GDP data
Apr 26, 2016 01:09 am UTC| Technicals
USD/KRW is currently trading around 1149 levels. It made intraday high at 1150 and low at 1148 levels. South Koreas Q1 GDP growth declined to 0.4 % (forecast 0.5 %) vs previous 0.7 %. In addition South Koreas Q1...
FxWirePro: AUD/USD rises near 11-month high, bias remains bullish
Apr 25, 2016 18:57 pm UTC| Technicals
AUD/USD inched higher on Monday as rally in oil prices and slight weakness in US dollar supported Aussie bulls. Aussie was also supported by gains in in iron ore prices, Australias biggest export earner which hit 10...