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FxWirePro: AUD/NZD bulls seems to have exhausted at trend line, Shooting Star and Doji sends bearish signals

Apr 25, 2016 05:46 am UTC| Technicals

Aussie dollars continues streak of Bull Run against Kiwi dollar has come into halt at around 1.1243 and 1.1264 levels. That is where back-to-back Long legged Dojis and Shooting Star patterns occurred at 1.1247 and...

FxWirePro: NZD/CAD breaks major support 0.8750, good to sell on rallies

Apr 25, 2016 05:26 am UTC| Technicals

Potential Reversal Zone (PRPZ)- 0.8750 NZD/CAD has broken major support 0.8750 and declined till 0.8650 .It is currently trading around 0.8690. The pairs major intraday resistance is around 0.8730 (4H Tenken-Sen)...

FxWirePro: Swedish krona falls ahead of employment data, good to buy on dips

Apr 25, 2016 05:21 am UTC| Technicals

EUR/SEK is currently trading around 9.1670 levels. It made intraday high at 9.1685 and low at 9.1322 levels. Intraday bias remains bullish for the moment. A daily close below 9.1492 will tests key supports...

FxWirePro: AUD/JPY rejected at strong trendline resistance at 86.22, good to sell rallies

Apr 25, 2016 05:17 am UTC| Technicals

AUD/JPY extended upside on negative yen fundamentals, but upside was capped at strong trendline resistance at 86.22. Markets nervous ahead of key central banks events along with a fresh batch of economic data lined up...

FxWirePro: AUD/USD struggles at 0.77 handle, good to sell rallies

Apr 25, 2016 04:46 am UTC| Technicals

AUD/USD is attempts to retake the 0.77 handle after hitting lows of 0.7691, but bears more dominant. Pair is struggling to extend gains beyond the 0.77 handle, downside likely to extend. The major has broken...

FxWirePro: Indian rupee hits fresh 2 –week low against US dollar, good to buy on dips

Apr 25, 2016 04:21 am UTC| Technicals

USD/INR is currently trading at 66.70 marks. It made intraday high at 66.71 and low at 66.65 levels. Intraday bias remains bullish till the time pair holds key support at 66.47 marks. A daily close below...

FxWirePro: NZD/USD holds minor support at 0.6835, good to short breaks below

Apr 25, 2016 04:05 am UTC| Technicals

NZD/USD has broken strong trendline support at 0.6835 on Fridays trade and is currently trading at 0.6858. The pair is extending declines after upside was capped by channel top at 0.7045, has slipped below 510 day...

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