
FxWirePro: Upbeat GDP data buoys Aussie bulls, AUD/CAD extends gains above 23.6% Fib, stay long
Jun 01, 2016 04:04 am UTC| Technicals
Upbeat Australian GDP report boosts Aussies bulls. Australias Q1 GDP q/q came in at +1.1% versus +0.8% expected and from +0.7% prior (revised higher from +0.6%). The latest GDP figures added to the recent streak of...

FxWirePro: Go short on USD/SGD at 1.3786 with stop loss at 1.3836 and target of 1.3721
Jun 01, 2016 03:11 am UTC| Technicals
USD/SGD is currently trading around 1.3777 marks. It made intraday high at 1.3788 and low at 1.3766 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3836 levels. A sustained...

ASX200 breaks major support 5340, decline till 5250/5235 is poss
Jun 01, 2016 02:59 am UTC| Technicals
Major resistance - 5430 Major intraday Support - 5340 (21 day MA) ASX200 has broken major support at 5340 and declined till 5303. It is currently trading at 5308. Short term trend is slightly bearish as long...

FxWirePro: Aussie gains against major peers on robust GDP data
Jun 01, 2016 02:35 am UTC| Technicals
AUD/NZD is trading around 1.0718 marks. Pair made intraday high at 1.0731 and low at 1.0646 marks. Today Australia released GDP data with positive numbers at 1.1% q/q vs 0.7% q/q (Revised from 0.6%) previous...

FxWirePro: Nikkei225 faces strong resistance at 17250, good to buy at dips
Jun 01, 2016 02:13 am UTC| Technicals
Major resistance - 17256 (100 W EMA ) Major support - 16635 (21 W MA) Nikkei index has made a high of 17250 and slightly retreated from that level. It is currently trading around 17125. Short term trend is...

FxWirePro: South Korean won falls on the back of lower than expected CPI data
Jun 01, 2016 01:36 am UTC| Technicals
USD/KRW is currently trading around 1190 levels. Overnight South Korea released CPI data with negative numbers. South Koreas May CPI growth Y/Y decreases to 0.8 % (forecast 0.90 %) vs previous 1.0%. In addition,...

FxWirePro: Japanese Yen gains in early hours on robust capital spending data
Jun 01, 2016 01:10 am UTC| Technicals
USD/JPY is currently trading around 110.55 marks. It made intraday high at 110.76 and low at 110.42 levels. Today Japan released capital spending data with positive numbers at 4.2% q/q vs 1.9% q/q consensus...