Feb 15, 2016 05:31 am UTC| Technicals
We think that the 18th - 19th February EU Summit will be the next risk event not only for the GBP but for some euro crosses outside euro zone such as EURJPY, EURUSD etc with significant implications for the timing of the...
FxWirePro: Minor support for EUR/GBP at 0.7717 (10-DMA), breaks below could see 0.7630
Feb 15, 2016 04:50 am UTC| Technicals
EUR/GBP is extending downside after rejection at channel top resistance on Feb 11th trade. Downside for now is seeing minor support by 10-DMA at 0.7717, breaks below could see the pair test channel base currently at...
FxWirePro: Dismal China trade data ignored, AUD/NZD extends gains, good to buy dips
Feb 15, 2016 04:17 am UTC| Technicals
AUD/NZD has taken rising trendline support at 1.0570 levels and edged higher on Fridays trade. Daily Stochs have shown a bullish crossover in oversold territory, while RSI has turned higher after dipping below 40...
Yen falls on lower than expected GDP figures
Feb 15, 2016 04:14 am UTC| Technicals
Pair is currently trading at 113.87 levels. It made intraday high at 113.92 and low at 113.27 levels. Japans economy contracted 0.4% in the December quarter, missing the consensus forecast of a 0.2% fall in...
FxWirePro: Buy GBP/JPY at dips around 165.15 with SL around 163.95 for the TP of 167.60
Feb 15, 2016 03:47 am UTC| Technicals
Major resistance - 165.20 (trend line joining 173.75 and 170.60) GBP/JPY breaks trend line 165.20 and this confirms minor trend reversal , a jump till 167.70 is possible . It is currently trading around...
Major Asian Indices Technicals
Feb 15, 2016 03:04 am UTC| Technicals
Nikkei: Nikkei breaks major resistance around 15600 and jumped till 15700 at the time of writing. It is currently trading around 15670. Short term trend is bullish as long as support 15200(21 day H MA)...
FxWirePro: AUD/USD gains some upside momentum still bearish
Feb 12, 2016 18:52 pm UTC| Technicals
AUD/USD strongly rebounded erasing earlier losses on Friday as strong rebound in oil prices and slight weakness in US dollar supported Aussie bulls. Much of the rebound was due to global oil prices gaining as much as...
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