
FxWirePro: Nikkei225 faces strong support at 200 day 4H MA, good to buy at dips
May 20, 2016 03:02 am UTC| Technicals
Major resistance - 16985 (11 May High) Major support - 16450 (200 day 4H MA) Nikkei index has slightly recovered after making a low of 16690. It is currently trading around 16690. Short term trend is...

FxWirePro: USD/KRW moving in a tight range, a break of either side provides further direction
May 20, 2016 02:58 am UTC| Technicals
USD/KRW is currently trading around 1189 levels. It made intraday high at 1189 and low at 1186 levels. Intraday bias remains neutral for the moment. Pair is moving in a tight range in between 1170 to 1190...

FxWirePro: AUD/NZD falls below key support at 1.0705, intraday bias remains bearish
May 20, 2016 02:27 am UTC| Technicals
AUD/NZD is trading around 1.0681 marks. Pair made intraday high at 1.0722 and low at 1.0679 marks. Intraday bias remains bearish for the moment. A daily close below 1.0700 will take the parity down towards...

FxWirePro: Singapore dollar erases previous loss against US dollar, good to sell on rallies
May 20, 2016 02:00 am UTC| Technicals
USD/SGD is currently trading around 1.3787 marks. It made intraday high at 1.3803 and low at 1.3780 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels. A sustained...

FxWirePro: USD/JPY hovers around 110.00 mark, G7 meeting in focus
May 20, 2016 00:59 am UTC| Technicals
USD/JPY is currently trading around 110.05 marks. It made intraday high at 110.07 and low at 109.84 levels. Intraday bias remains neutral for the moment. A daily close above 110.38 is required to take the...
FxWirePro: EUR/USD pauses decline, downside risk remains
May 19, 2016 18:25 pm UTC| Technicals
The EUR/USD pair declined on Thursday as the US dollar gained strength across the board after Federal Reserve in its policy meeting said Fed was on track to hike rate in June or July. However, after weak US economic data,...
FxWirePro: GBP/USD key support at 1.4551, bullish in the short term
May 19, 2016 17:32 pm UTC| Technicals
The GBP/USD rose towards 3 ½ -month high on Thursday as the sterling was boosted by better than expected retail sales report for April. However, the pair retreated back towards 1.4570 levels as the pair attracted...