
Japanese Yen gains on the back of higher than expected household spending data
Mar 29, 2016 01:00 am UTC| Technicals Commentary
USD/JPY is currently trading around 113.32 marks. It made intraday high at 113.48 and low at 113.28 levels. Japanese household spending rose for the first time in six months in February. Household spending...
FxWirePro: GBP/USD strongly bearish despite upside attempts
Mar 28, 2016 18:00 pm UTC| Technicals
GBP/USD rebounded strongly towards 1.4280 levels earlier in mid European session. However, the pair turned back after failing to break resistance level 1.4286, as the pound ran out of strength against US dollar. The pair...
FxWirePro: USD/JPY pauses decline, scope for further upside
Mar 28, 2016 17:44 pm UTC| Technicals
USD/JPY has paused its declined as positive pending home sales data released earlier in the US session limited the pairs downside. Further downside is expected to be limited as the pair finds strong support at 113.79...
FxWirePro: Gold retreats from daily high, outlook bearish
Mar 28, 2016 17:08 pm UTC| Technicals
Gold has retreated after finding resistance at 1223 levels to trade around 1218 levels, erasing some earlier gains made in the US session. Further upside is set to be limited as the commodity finds strong resistance...
FxWirePro: AUD/USD gains some upside momentum but still bearish
Mar 28, 2016 15:15 pm UTC| Technicals
AUD/USD strongly rebounded on Monday erasing some losses suffered on Friday as slight weakness in US dollar supported Aussie bulls. However, further upside is expected to be limited as the pair finds strong...
FxWirePro: USD/CAD loses momentum but outlook is bullish
Mar 28, 2016 13:55 pm UTC| Technicals
The USD/CAD pair has declined sharply to test support level at 1.3180 levels, after the US market opened. However, the pair is trying to rebound after finding support level at 1.3180 levels. As long the pair trades...

Mar 28, 2016 13:12 pm UTC| Technicals
After the break out below 1.4949 and the neckline of double top has more downside potential, currently at 1.4786 levels after rejecting resistance at 1.4827 levels. From last couple of days, it has now been drifting in...