
GBP/JPY faces strong support at 129.80, break below targets 128.60/126.55
Jul 08, 2016 05:59 am UTC| Technicals
Major resistance -132 (90 H EMA) Major support 129.80 (trend line joining 128.60 and 129.57) The pair has retreated sharply after making a high of 131.97. It is currently trading around 130.03. GBP/JPY have...

FxWirePro: USD/INR opens at 67.47, fails to break key support at 67.32 mark
Jul 08, 2016 05:10 am UTC| Technicals
USD/INR is currently trading around 67.47 marks. It made intraday high at 67.50 and low at 67.44 marks. Intraday bias remains neutral till the time pair holds key resistance at 67.52 marks. Key resistances...

FxWirePro: AUD/USD rejected at highs, slips below 0.75 handle, bias lower
Jul 08, 2016 05:08 am UTC| Technicals
AUD/USD rejected at session high by 0.75, slips below the 0.75 handle to currently trade around 0.7495. Aussie extends weakness after Australian government revised its 2016 and 2017 iron ore price forecasts...

US Oil breaks major support $45.80, decline till $43 is possible
Jul 08, 2016 04:35 am UTC| Technicals
Major support - $45.80 (Jun 27th low) Major intraday resistance- $46.54 (hourly Kijun-Sen) US Oil has broken major support $45.80 yesterday and declined till $44.86 after weaker than expected US crude oil...

FxWirePro: USD/JPY breaks support at 100.70, go short on rallies
Jul 08, 2016 04:03 am UTC| Technicals
USD/JPY intraday bias lower. Pair breaks trendline support at 100.70 on hourly charts. Test of 100.20 likely. Japanese Ministry of Finance (MOF) official Asakawa crossed the wires now via Bloomberg, commenting on...

FxWirePro: AUD/NZD hits fresh 14 –month low at 1.0315, sustain break below targets 1.0261
Jul 08, 2016 03:39 am UTC| Technicals
AUD/NZD is trading around 1.0326 marks. Pair made intraday high at 1.0367 and low at 1.0315 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0450 marks. On the top side, a...

Gold faces strong trend line support at $1350, break below targets $1337/$1325
Jul 08, 2016 02:32 am UTC| Technicals
Major intraday resistance -$1363 (21 H MA) Major intraday support - $1352 (trend line joining $1338 and $1343). The yellow metal has taken support near trend line and slightly recovered from that level. It is...