
FxWirePro: Nikkei225 faces strong resistance around 17300, good to buy at dips
Mar 22, 2016 03:11 am UTC| Technicals
Major resistance - 17300 The index has broken minor resistance around 17000 and jumped till 17097 at the time of writing slightly recovered after making a low of 17014. It is currently trading around 16664.Short term...

South Korean won continues to gain against US dollar, intraday bias remains bearish
Mar 22, 2016 02:40 am UTC| Technicals
USD/KRW is currently trading around 1160 levels. It made intraday high at 1164 and low at 1159 levels. Intraday bias remains bearish till the time pair holds key resistance at 1169 levels. A break above...
Aussie gains on the back of higher than expected HPI data
Mar 22, 2016 01:57 am UTC| Technicals
AUD/NZD is currently trading around 1.1205 levels. Pair made intraday high at 1.1214 and low at 1.1189 marks. Australias House Price Index rose 0.2% in the December quarter, following a 2.0% increase in the...

USD/JPY remains supported around 112.00 mark, Japan’s flash manufacturing PMI in focus
Mar 22, 2016 01:27 am UTC| Technicals
USD/JPY is currently trading around 111.96 levels. It made intraday high at 112.20 and low at 111.83 marks. Japan will release flash manufacturing PMI data at 0200 GMT. Market anticipates 50.6 m/m release vs 50.1...

USD/SGD hovers around initial resistance at 1.3628, intraday bias remains neutral
Mar 22, 2016 01:03 am UTC| Technicals
USD/SGD is currently trading around 1.3622 marks. It made intraday high at 1.3631 and low at 1.3593 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3481 levels. A...
FxWirePro:USD/JPY loses upside momentum, bearish in the near term
Mar 21, 2016 18:16 pm UTC| Technicals
The USD/JPY inched higher on Monday as US dollar bounced back from last week losses as investors shook off dovish statement from Federal Reserve. However, further upside is expected to be limited as the pair finds...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Mar 21, 2016 15:58 pm UTC| Technicals
EUR has made short squeeze against US dollar by hitting high at 1.1263 after negative Existing Home Sales. However, the gains should be limited around 1.1280 as the resistance level at 1.1300 is set to hold the bulls...