FXWIREPRO: USD/SGD Refrains to fall Below Key Support at 1.3423, Good to Buy on Dips USD/SGD is currently trading around 1.3454 marks. It made intraday high at 1.3458 and low at 1.3430 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3423 levels...
AUD/USD Climbs Further to Test 0.7550, Fresh Six-Day Highs AUD/USD the keeps positive Aus data-backed gains heading into early Europe, although failed near the mid-point of 0.75 handle on the back of lower gold and oil prices. AUD/USD finds good support ahead of 0...
FXWIREPRO: AUD/USD Breaks Strong Trendline Resistance at 0.7595, Targets 0.77 Upbeat Australian confidence gauge buoys Aussie bulls, AUD/USD extends gains above the 0.76 handle...
FXWIREPRO: Indian Rupee Falls Ahead of CPI Data, Intraday Bias Remains Neutral USD/INR is currently trading at 66.43 marks. It made intraday high at 66.44 and low at 66.30 levels. Intraday bias remains neutral for the moment. A daily close below 66.48 will drag the parity down towards 66.32, 65...
FXWIREPRO: USD/JPY Rangebound, Remains Capped Below 5-Dma at 108.44 USD/JPY trades largely rangebound in the Asian session, with a high of 108.27 and a low of 107.87...
USD/JPY Recovery Remains Capped Near 108.30 The bulls struggle to take on the recovery from multi-month lows beyond 108.30 levels, despite rallying Japanese stocks, as a lack of fresh fundamental drivers dampen the sentiment around USD/JPY somewhat...
FXWIREPRO: ASX200 Struggles to Close Above 5000, Good to Sell on Rallies Major resistance -4975 (55 4H EMA) Major support 4900 ASX200 has slightly recovered after making a low of 4906. It is currently trading at 4960. Short term trend is slightly weak as long as resistance holds...
FXWIREPRO: Gold Breaks Key Resistance at $1252, Good to Buy on Dips XAU/USD is currently trading around $1254 mark. It made intraday high at $1259 and low at $1253 levels. Intraday bias remains bullish till the time pair holds key support at $1248 marks...
FXWIREPRO: Nikkei225 Recovers After Making a Low of 15500,good to Sell on Rallies Major Support - 15000 (200 W MA) Major resistance - 16050 (55 4H EMA) The index has slightly recovered after making a low of 15513. It is currently trading around 15920...
FXWIREPRO: Aussie Gains Sharply on the Back of Better Than expected Nab Business Confidence Data AUD/NZD is trading around 1.1093 marks. Pair made intraday high at 1.1103 and low at 1.1052 marks...
FXWIREPRO: USD/KRW Fails to Sustain Below Key Support at 1142, Likely to Stay Range Bound USD/KRW is currently trading around 1146 levels. It made intraday high at 1147 and low at 1141 levels. Intraday bias remains neutral for the moment...
FXWIREPRO: USD/JPY Hovers Around Key Resistance at 108.04, Intraday Bias Remains Slightly Bullish USD/JPY is currently trading around 108.17 marks. It made intraday high at 108.26 and low at 107.87 levels. Today Japan released bank lending data with negative numbers at 2.0% m/m vs 2...
Gold Retreats From 3-Week Highs on Profit-Taking Gold failed to sustain at multi-week peaks and retraced a part of overnight gains in the mid-Asian trades, as a profit-taking spree hit the markets ahead of the Chinese data due tomorrow. Gold corrects lower in Asia Currently, gold trades -0...
JPY: Further Weakness in Inflation Forecasts – Nomura Yujiro Goto, Research Analyst at Nomura, suggests that the private forecasters continue to lower their Japanese inflation forecasts, according to the JCER survey (28 March to 4 April...
AUD/JPY Firmer, Pierces Through 82.50 Resistance The AUD/JPY cross remains strongly bid in the Asian trades, mainly driven by renewed strength in the AUD/USD pair after OZ business conditions hit 2008 highs last month. AUD/JPY at four-day high The AUD/JPY pair now jumps +0.70% to 82...
EUR/USD Better Bid Above 1.1400, Awaits Fresh Impetus The EUR/USD pair extends its overnight consolidative phase into mid-Asia, after having failed near 2016 highs in the last NY session, as bulls await fresh incentives in the day ahead for further upside...
AUD/USD Testing Monday’s High on Aus Data, Above 0.7600 AUD/USD extends gains beyond 0.76 handle post-China open, with the upbeat Australian confidence gauge adding to the favourable market sentiment in Asia. AUD/USD rises for 3rd straight session Currently, the AUD/USD pair rises 0...
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The yen's surge may be easing. It made a new marginal high in Asia, but has not been able to sustain it Technically, a hammer candlestick pattern may be traced out by the greenback's recovery today. Supporting the greenback is the movement in interest rate differentials...
Many analysts had anticipated that a dramatic drop in oil prices such as we’ve seen since the summer of 2014 could provide a big stimulus to the economy of a net oil importer like the United States. That doesn’t seem to be what we’ve observed in the data...
