Call updates - AUD/NZD targets achieved, book full profits
Jan 20, 2016 06:12 am UTC| Technicals
AUD/NZD call (http://www.econotimes.com/AUD-NZD-Trade-Idea-145280) has achieved both targets, book full profits. Strong resistance is seen at 1.0876 which is both trendline resistance and 61.8% Fib of 1.1087 to 1.0539...
FxWirePro: GBP/CAD faces strong resistance around 2.094, good to sell on rallies
Jan 20, 2016 05:30 am UTC| Technicals
Major support -2.035 Major resistance - 2.094 GBP/CAD has made a low of 2.050 yesterday and started to recover from that level. It is currently trading around 2.06966. Short term trend is still weak as long...
FxWirePro: NZD/USD breaks below strong support at 0.6425, good to sell rallies
Jan 20, 2016 04:21 am UTC| Technicals
Kiwi slumped in the Asian session as data showed inflation fell 0.5% in the December quarter, much weaker than the market forecast of a 0.2% drop. The annual change in the CPI was just a 0.1% increase, the weakest...
FxWirePro: Yen back in demand, good to sell USD/JPY rallies around 117.20, target 116.60
Jan 20, 2016 03:43 am UTC| Technicals
USD/JPY unable to hold above 118 handle in Tuesdays trade, currently falls below 5-DMA at 117.40. Yen in demand again as risk-off seeps back, on renewed sell-off in oil prices combined with global growth outlook cut by...
Major Asian Indices Technicals
Jan 20, 2016 02:53 am UTC| Technicals
Hang Seng: Hang Seng has retreated after making a high of 19640. It is currently trading around 19077. Short term trend is as long as resistance 19700 holds. The index resistance is at 19700 and any indicative break...
FxWirePro: EUR/USD consolidating around 1.0930 levels, bias is bearish
Jan 19, 2016 19:13 pm UTC| Technicals
EUR/USD has inched higher from 1.0860 levels to hit high at 1.0933 in late US Session, after US stocks shed some gains as US crude prices fell, cutting short a rally inspired by raising hopes for more stimulus measures in...
FxWirePro: AUD/USD raises towards 0.6930 levels, 0.7000 a key barrier
Jan 19, 2016 18:48 pm UTC| Technicals
AUD/USD initially slipped towards 0.9842 levels in the Asian session after data showed Chinese retail sales industrial output printed disappointing figures underlining concerns about global growth. However, in US...
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