
Jun 15, 2016 07:09 am UTC| Technicals
AUD/JPY is extending rebound from 4-year low of 77.51 (levels unseen since June 4th 2012) hit on Tuesday. A renewed risk-on wave appears to grip the markets amid a minor pullback seen in the Asian equities, halting...

FxWirePro: AUD/CHF faces strong support at 0.7050, good to sell on rallies
Jun 15, 2016 06:39 am UTC| Technicals
Major resistance- 0.7210 (90 day EMA) Major support - 0.7050 (May 16th low) The pair has taken support near 0.7050 and recovered from that level. It is currently trading around 0.71070. Short term trend is...

Jun 15, 2016 06:29 am UTC| Technicals
All signs of short term bear trend continuation as theeuro has begun this week with incurring significant losses, as the pair trades at the 1.1206. Whereas momentary bulls hamper the momentum in this bearish rout as...

FxWirePro: EUR/SEK faces strong support at 9.2892, good to buy on dips
Jun 15, 2016 06:23 am UTC| Technicals
EUR/SEK is currently trading around 9.3167 levels. It made intraday high at 9.3253 and low at 9.2928 levels. Intraday bias remains bullish till the time pair holds key support at 9.2892 marks. A daily close...

FxWirePro: NZD/JPY hovers aound 21-DMA at 74.50, close above could see halt of downside
Jun 15, 2016 06:05 am UTC| Technicals
NZD/JPY has staged a solid recovery from session lows at 73.82 and is currently hovering around crucial 21-DMA at 74.50. Technically, we see scope for further downside. Pair capped below 55110 EMAs. We have seen...

FxWirePro: Go long on XAG/USD only above $17.42 with stop loss at $17.11 and target of $17.75
Jun 15, 2016 05:29 am UTC| Technicals
XAG/USD is currently trading around $17.40 marks. It made intraday high at $17.40 and low at $17.32 levels. Intraday bias remains bullish till the time pair holds key support at $17.11 marks. A daily close...

USD/CAD faces strong resistance at 1.2920, break above targets 1.3000/1.3045
Jun 15, 2016 05:13 am UTC| Technicals
Major resistance- 1.2920 (daily Kijun-Sen and support turned into resistance ) Loonie has jumped till 1.28773 today morning and is currently trading around 1.28707. It is facing resistance around 1.2905 and slight...