Jan 27, 2016 06:19 am UTC| Technicals
This APAC pair is most likely to retest resistance (at 83.495 region) on daily charts, you can figure out from the chart that the red circled areas served as the strong supply levels for this pair couple of times in the...
NZD/USD slips below $0.65 mark, FOMC and RBNZ statements in focus
Jan 27, 2016 05:41 am UTC| Technicals
Pair is currently trading at $0.6483 levels, made intraday high at $0.6516 and low at $0.6474. The long awaited meeting of RBNZ is widely expected to bring no change to the record low interest rates, but the tone and...
GBP/USD trades well above 1.4300, jump till 1.4500 is possible
Jan 27, 2016 05:40 am UTC| Technicals
Cable made a low of 1.4170 yesterday and started to recover from that level. It is currently trading around 1.43466. The pair has broken major resistance 1.4270 (tenken-Sen) and jumped till 1.43670. On the top...
FxWirePro: Downside bias for EUR/JPY builds, sell rallies around 128.50
Jan 27, 2016 05:18 am UTC| Technicals
EUR/JPY extends range trade between 128.75/35, the pair has been trading a falling wedge pattern, and scope builds for further downside. We see Stochs have approached overbought territory on daily charts and have...
Jan 27, 2016 04:44 am UTC| Technicals
Pair is just supported below major resistance level at $1122 level. It is currently trading at $1120 levels and made intraday low at $1118 levels. Downside correction is expected below $1122 levels. If pair...
FxWirePro: AUD/JPY faces strong resistance at 83.35, good to sell rallies
Jan 27, 2016 04:14 am UTC| Technicals
Upbeat Australian Q4 2015 CPI data will likely make the case for further RBA cuts more difficult to defend, a positive for the Aussie. Upbeat Q4 CPI data, which came in at 0.4% q/q above expectations for 0.1% rise...
Aussie erased previous gain despite positive CPI numbers
Jan 27, 2016 04:03 am UTC| Technicals
AUD/USD supported just above $0.7000 mark, made intraday high at $0.7041 levels. Aussie erased previous gain and currently trading at $0.7010 levels. The CPI rose 0.4% over the October-December period, easing...
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