
FxWirePro: GBP/JPY breaks minor trend line resistance, good to buy at dips
Mar 28, 2016 06:07 am UTC| Technicals
Major resistance- 160.30 (trend line joining 175.01 and 164.09) Major support- 159 The pair has broken major resistance 160.30 and jumped till 160.63 at the time of writing. It is currently trading at...

FxWirePro: AUD/JPY extends gains above 85 handle, short-term bias remains higher
Mar 28, 2016 06:01 am UTC| Technicals
AUD/JPY extends rangebound between 84.00 and 86.38 March 13th high, while short-term bias remians bullish. Renewed optimism on the Asian equities alongside a recovery in gold and copper prices underpin the sentiment...

USD/MYR fails to sustain above 4.0370 mark, good to sell on rallies
Mar 28, 2016 05:56 am UTC| Technicals
Pair is currently trading around 4.0223. It made intraday high at 4.0370 and low at 4.0233 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.0370. A sustained break above key...

FxWirePro: EUR/JPY edges lower from session highs at 126.86, momentum higher, good to buy dips
Mar 28, 2016 05:18 am UTC| Technicals
EUR/JPY broke above major trendline resistance at 126.35, daily technicals indicate further gains. The pair hit highs of 126.86 (fresh 11-day highs) and has since pared some gains to currently trade around 126.72...

FxWirePro: USD/JPY breaks strong resistance at 113.20, targets 114.20
Mar 28, 2016 04:26 am UTC| Technicals
Bullish tone in USD/JPY pushes the pair higher to break strong resistance at 113.20. Rising prospects of a Fed rate hike next month particularly after upbeat US Q4 GDP revision keep the US dollar supported, USD/JPY...

Indian rupee opens lower at 66.86, intraday bias remains bearish
Mar 28, 2016 04:12 am UTC| Technicals
USD/INR is currently trading at 66.78 marks. It made intraday high at 66.86 and low at 66.7650 levels. Intraday bias remains bearish till the time pair holds key resistance at 66.92 levels. A daily close...
FxWirePro: NZD/USD edges lower from session highs at 0.6693, momentum bearish
Mar 28, 2016 03:53 am UTC| Technicals
NZD/USD has been rejected at session highs by 0.6693 and has edged lower to currently trade around 0.6680 levels. The Kiwi has been softer of late due to speculation that the RBNZ could cut again as soon as Aprils...