
FxWirePro: NZD/JPY upside stalls at 76.42, bias higher, test of 77 levels likely
Mar 17, 2016 07:31 am UTC| Technicals
NZD/JPY upside temporarily stalls at 76.42, bias higher, scope for test of 77 levels seen. Our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-holds-minor-support-at-7443-upside-could-test-7545-179317) has...

CAD/JPY faces strong resistance around 86.50, break above targets 87.50/89
Mar 17, 2016 06:50 am UTC| Technicals
Major resistance 86.50 (trend line joining 85.76 and 86.13) Major support 85 The pair has retreated once again after making a high of 86.22. it is currently trading around 85.65. The pair is facing strong...

FxWirePro: 'Bullish Bat' pattern on EUR/CAD, good to buy dips
Mar 17, 2016 06:39 am UTC| Technicals
Bullish Bat Pattern seen on EUR/CAD daily charts. The pair has edged higher from 1.4389 levels which is pivotal, weakness seen only on breaks below 1.4380. Retracement upto 1.5330 (61.8% Fib of 1.59145 to 1.43889...

Mar 17, 2016 06:37 am UTC| Technicals
Please have a glance on how implied volatilities of ATM puts of 1D and 1W expiries are acting crazily in OTC markets, 20.36% and 13.09% respectively ahead of Bank of Englands monetary policy which is most likely to be...
Mar 17, 2016 06:07 am UTC| Technicals
The pair has rejected the resistances at 164.036 and 162.072 levels. The current prices have drifted below 7 21DMAs, so downtrend would likely continue in long run. Selling momentum is intensified as we can make out...
GBP/JPY breaks major support 159.50, targets 158/156.50
Mar 17, 2016 05:55 am UTC| Technicals
Major support 159.50 Major intraday resistance 161.05 (55 day 4 H EMA) The pair has retreated after making a high of 161.03. It is currently trading around 159.43. Any break below 159.50 confirms major...

FxWirePro: EUR/JPY rejected at 126.62 (strong trendline resistance), good to sell rallies
Mar 17, 2016 05:13 am UTC| Technicals
EUR/JPY has been rejected at highs by 126.62, strong trendline resistance seen at 126.60 levels. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see further...