
FxWirePro: ASX200 struggles to close below 5300, good to buy at dips
May 23, 2016 02:48 am UTC| Technicals
Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has taken support near 21 day MA and slightly jumped till 5360 at the time of writing. It is currently trading at 5355.Short term trend is slightly...

FxWirePro: Nikkei225 faces strong resistance at 17000, good to sell on rallies
May 23, 2016 02:34 am UTC| Technicals
Major resistance - 16985 (11 May High) Major support - 16350 (100 day 4H MA) Nikkei index has slightly recovered after making a low of 16409 at the time of writing. It is currently trading around...

FxWirePro: AUD/NZD remains well supported below 1.07, good to sell on rallies
May 23, 2016 02:32 am UTC| Technicals
AUD/NZD is trading around 1.0672 marks. Pair made intraday high at 1.0685 and low at 1.0658 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0733 marks. A daily close below...

FxWirePro: USD/KRW remains well supported above 1172, intraday bias remains neutral
May 23, 2016 01:31 am UTC| Technicals
USD/KRW is currently trading around 1183 levels. It made intraday high at 1185 and low at 1183 levels. Intraday bias remains neutral for the moment. Pair is moving in a tight range in between 1170 to 1190...

FxWirePro: Japanese Yen gains in early Asia on robust trade balance data
May 23, 2016 01:10 am UTC| Technicals
USD/JPY is currently trading around 109.87 marks. It made intraday high at 110.23 and low at 109.83 levels. Today Japan released trade balance data with positive numbers at a surplus of 430 billion, above the 270...
FxWirePro: GBP/USD slips towards lower range, but outlook remains bullish
May 20, 2016 16:21 pm UTC| Technicals
The Sterling declined against dollar on Friday as the pair failed to retake the 1.4600 level after Sterlings rally lost steam following positive US existing home sales data. The pair initially was trading around...
FxWirePro: AUD/USD fails to break resistance at 0.7247, bearish in the short term
May 20, 2016 15:50 pm UTC| Technicals
The pair has found renewed bearish momentum on Friday after failing to break resistance level at 0.7247 and is approaching to test support level located at 0.7207. Currently the currency pair is trading around 0.7220...