Mar 16, 2016 14:43 pm UTC| Technicals
TWD:Taiwanese economic growth may be upset by slow global trade growth. The government seeks to bolster investment to support the economy. A new round of electricity price cut may place downward pressure on the headline...
FxWirePro: EUR/USD pauses decline, downside risk remains intact
Mar 16, 2016 14:39 pm UTC| Technicals
EUR declined against US dollar on Wednesday after data showed US inflation increased more than expected. The pair extended its decline from 1.1097 to hit low at 1.1054 in the early US session. Further upside is...

FxWirewPro: CHF/JPY faces strong resistance around 116, good to sell on rallies
Mar 16, 2016 11:56 am UTC| Technicals
Major support - 114 (20 day MA) The pair has recovered after making a low of 114.20 It is currently trading around 114.75. Short term trend is weak as long as resistance 116 holds. Any break below 114 will...

Mar 16, 2016 10:21 am UTC| Technicals
Major Resistance 1.3402 Major support 1.3310 (200 day MA) The pair has started to retreat once again after making a high of 1.3853 at the time of writing. It is currently trading around 1.33545. Any break...

USD/CAD faces strong resistance around 1.3402, break above targets 1.3580
Mar 16, 2016 09:21 am UTC| Technicals
Major Resistance 1.3402 Major support 1.3310 (200 day MA) The pair has started to retreat once again after making a high of 1.3853 at the time of writing. It is currently trading around 1.33545. Any break...

Mar 16, 2016 09:17 am UTC| Technicals
What is weighing on the pounds slumps is that the Brexit pressures, these pressures keep mounting ahead of BoE policy whcih is likely to stand pat in tomorrows meeting but the chances for lower interest rates in 2016 has...

FxWirePro: Russian Rouble continues to fall against US dollar, buy on dips
Mar 16, 2016 08:30 am UTC| Technicals
USD/RUB is currently trading at 71.1015 levels. It made intraday high at 71.7225 and low at 70.7070 levels. Intraday bias remains bullish till the time pair holds key support at 69.7806 levels. A daily close...