
FxWirePro: USD/JPY corrects lower from FOMC led rally, 110.50-60 stiff resistance zone
May 19, 2016 03:43 am UTC| Technicals
FOMC minutes were the main catalyst overnight, revealed that the US interest rate hike is back on the cards this June. USD/JPY spiked all the way to hit session highs at 110.26 as the dollar edged higher across the...

FxWirePro: NZD/USD breaks major trendline support at 0.6740, targets 0.6675
May 19, 2016 03:16 am UTC| Technicals
USD extends gains after the latest FOMC minutes revealed that the US interest rate hike is back on the cards this June. The Chinese equities appear to outperform their Asian counterparts, despite weaker Chinas...

FxWirePro: USD/KRW hovers around key resistance at 1193, a break above targets 1211
May 19, 2016 03:12 am UTC| Technicals
USD/KRW is currently trading around 1190 levels. It made intraday high at 1191 and low at 1188 levels. Intraday bias remains neutral for the moment. A daily close above 1193 will drag the parity up towards...

FxWirePro: ASX200 faces strong resistance at 5400, good to sell on rallies
May 19, 2016 02:58 am UTC| Technicals
Major resistance - 5400 Major Support - 5300 ASX200 has broken minor support 5335 and declined till 5312. It is currently trading at 5322. Short term trend is slightly bearish as long as resistance 5400...

FxWirePro: Nikkei225 faces strong resistance at 17000, good to sell on rallies
May 19, 2016 02:40 am UTC| Technicals
Major resistance - 16985 (11 May High) Major support - 16530 (10 day EMA) Nikkei index has slightly retreated after making a high of 16838. It is currently trading around 16648. Short term trend is slightly...

FxWirePro: Aussie gains against major peers after employment data
May 19, 2016 02:35 am UTC| Technicals
AUD/NZD is trading around 1.0706 marks. Pair made intraday high at 1.0732 and low at 1.0679 marks. A net 10,800 jobs were added to the economy last month, missing analysts forecast of a 12,100 net increase and...

FxWirePro: Japanese Yen gains in early Asia on robust core machinery orders in March
May 19, 2016 01:33 am UTC| Technicals Economy
USD/JPY is currently trading around 110.12 marks. It made intraday high at 110.23 and low at 110.06 levels. Today Japan released core machinery orders data with positive numbers to 5.5% m/m vs -9.2% m/m previous...