FxWirePro: EUR/AUD breaks trendline support at 1.4505, bias lower
Apr 21, 2016 07:01 am UTC| Technicals
EUR/AUD extends slump, breaks strong trendline support at 1.4505, bias remains lower. ECB policy meet due later today is the major risk event for the pair. Policy is likely to be kept unchanged. Focus shall be on...
GBP/JPY faces major resistance at 158, break above targets 160/162.50 is possible
Apr 21, 2016 06:48 am UTC| Technicals
Major resistance- 158 Major support -155.75 (Resistance turned into support) The pair has broken minor resistance 157.20 and jumped till 157.87. It is currently trading around 157.45. Intraday trend is...
Apr 21, 2016 06:37 am UTC| Technicals
USD/INR is currently trading at 66.28 marks. It made intraday high at 66.32 and low at 66.23 levels. Intraday bias remains neutral for the moment. A daily close below 66.32 will take the parity down around...
Apr 21, 2016 06:33 am UTC| Technicals
EUR/GBP on track for a second consecutive week of declines. Pair has slipped below key trendline support at 0.7895. Poor labour markets data and household confidence released on Wednesday largely ignored. Markets wary...
FxWirePro: Swedish krona falls ahead of interest rate decision
Apr 21, 2016 06:08 am UTC| Technicals
EUR/SEK is currently trading around 9.1832 levels. It made intraday high at 9.1881 and low at 9.1613 levels. Intraday bias remains neutral for the moment. A daily close below 9.1613 will likely to take the...
FxWirePro:NZD/CAD forms Bullish Bat Pattern ,good to buy at dips
Apr 21, 2016 05:38 am UTC| Technicals
Pattern Formed- Bullish Bat Pattern Potential Reversal Zone (PRPZ)- 0.8780 NZD/CAD has slightly recovered after making a low of 0.8800 level .It is currently trading around 0.88125. The pairs major intraday...
FxWirePro: Aussie strengthens against Kiwi, key resistance 1.1298 in focus
Apr 21, 2016 05:25 am UTC| Technicals
AUD/NZD is trading around 1.1195 marks. Pair made intraday high at 1.1208 and low at 1.1150 marks. Australias quarterly business confidence index slipped one point to 4 in the March quarter, from a revised...
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