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FxWirePro: NZD/JPY intraday sentiments bullish and wise to catch rallies for shorts on delivery basis

Apr 19, 2016 06:38 am UTC| Technicals

Jump 21DMA may drag rallies upto 76.951 but dont have open longs for long term basis. From yesterday, the pair rallied continuously from 74.141 to 76.449 levels. It is likely to test the next minor resistance at...

GBP/JPY breaks major resistance 155.80, targets 158.20/158.80

Apr 19, 2016 06:23 am UTC| Technicals

Major Resistance 155.80 The pair has broken major resistance 155.80 and jumped till 156.19. It is currently trading around 156.01. Intraday trend is slightly as long as support 154.95 (7 day EMA) holds. Any...

FxWirePro: EUR/JPY holds upside ahead of crucial German ZEW data, bias higher

Apr 19, 2016 05:53 am UTC| Technicals

EUR/JPY bounced off from fresh 3-year lows at 121.71 on Monday and is holding gains above the 123 handle. Markets await the crucial Germany ZEW Economic Sentiment data due ahead in the European session. The...

FxWirePro: US OIL faces strong resistance at $40.40, good to sell on rallies

Apr 19, 2016 05:53 am UTC| Technicals

Major Resistance - $40.40 (200 day MA) The commodity has recovered after making a low of $37.56. It is currently trading around $39.83. Short term trend is weak as long as resistance $40.40 holds. WTI crude...

FxWirePro: NZD/CAD faces strong support at 0.8850, good to buy at dips

Apr 19, 2016 05:52 am UTC| Technicals

Major Resistance- 0.902 Major support 0.8850 The pair has recovered after making a low of 0.88698. It is currently trading around 0.89404. NZD rebounds against all major pairs on account of better than...

FxWirePro: EUR/SEK fails to break key support at 9.1501, intraday bias remains bullish

Apr 19, 2016 05:26 am UTC| Technicals

EUR/SEK is currently trading around 9.1831 levels. It made intraday high at 9.1832 and low at 9.1625 levels. Intraday bias remains bullish for the moment. A daily close below 9.1501 will likely to take the...

FxWirePro: USD/JPY finds strong resistance at 109.45, good to sell rallies

Apr 19, 2016 05:01 am UTC| Technicals

USD/JPY has seen a robust recovery from near 17-month lows at 107.63 (April 11th). The pair is rangebound on the day, made intraday high at 109.21 and low at 108.74 levels. Recovery appears capped ahead of 109.20...

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