CAD/JPY faces strong resistance at 86.95, break above targets 87.45/88.75
Apr 22, 2016 06:18 am UTC| Technicals
Major resistance 86.95 (trend line joining 87.45 and 87.02) Major support -85.50 (7 day EMA) The pair has made a high of 86.90 in the morning and slightly declined from that level. It is currently trading around...
Apr 22, 2016 06:12 am UTC| Technicals
NZD/USD is extending declines after upside was capped by channel top at 0.7045, pair has slipped below 510 day moving averages. Downside finds strong trendline support at 0.6898, breaks below could see downside upto...
GBP/JPY breaks major resistance on BOJ news, targets 160/162.57
Apr 22, 2016 05:51 am UTC| Technicals
Major resistance 158.10 (trend line joining 162.57 and 158.37) Major support- 156.45 (7 day EMA) GBP/JPY has regained today morning after making a low of 156.51 yesterday. It is trading around 157.80. The Yen...
Apr 22, 2016 05:38 am UTC| Technicals
After taking support from 7DMA, strong bull swings are to upheld for many reasons. Bulls hold stronger at around 124.445 resistance levels along with bullish momentum after jumping above 7DMA on daily...
FxWirePro: Yen slumps on news of BoJ discussing negative-rate loans, USD/JPY above 110 handle b
Apr 22, 2016 05:08 am UTC| Technicals
USD/JPY saw a sharp 80-pips rally above 110 barrier in a knee-jerk reaction to the latest BOJ headlines. BOJ is discussing negative-rate loans, following the decision by the BOJ to adopt negative rates on excess...
NZD/CAD faces strong support at 0.8775, break below targets 0.8670
Apr 22, 2016 05:01 am UTC| Technicals
Potential Reversal Zone (PRPZ)- 0.8775 NZD/CAD has slightly retreated after making a high of 0.88338 level .It is currently trading around 0.87860. The pairs major intraday resistance is around 0.8810 (7 day 4H...
FxWirePro: Indian rupee opens higher at 66.50 against US dollar, intraday bias remains bullish
Apr 22, 2016 04:37 am UTC| Technicals
USD/INR is currently trading at 66.52 marks. It made intraday high at 66.56 and low at 66.47 levels. Intraday bias remains bullish till the time pair holds key support at 66.32 marks. A daily close below...
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