
Apr 13, 2016 06:35 am UTC| Technicals
The bounce back above trendline is reasonable, now facing a stiff resistances at 156.200 and upper trendline. Daily price jump above trend-line support has momentum that is signalled by RSI Stochastic oscillators, but...

FxWirePro: NZD/JPY edges lower from session highs at 75.70, weakness only below 75.20
Apr 13, 2016 06:24 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-breaks-strong-trendline-resistance-at-7410-targets-75-192979) has hit all targets. NZD/JPY hit fresh weekly high of 75.70, has since pared some gains to...

Apr 13, 2016 05:58 am UTC| Technicals
XAG/USD is currently trading around $15.0160 marks. It made intraday high at $16.15 and low at $16.01 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $15.98...

FxWirePro: AUD/JPY extends gains above 10-DMA at 83.50, stay long
Apr 13, 2016 05:22 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-bounces-off-strong-trendline-support-at-8075-good-to-buy-dips-192968) has hit all targets. The pair extended its winning streak into a fourth day today as...

FxWirePro: NZD/CAD forms Bullish Bat , good to buy at dips
Apr 13, 2016 05:22 am UTC| Technicals
Harmonic Pattern Formed Bullish Bat pattern Potential Reversal Zone (PRZ) 0.8750 The pair has recovered after making a low of 0.88140. It is currently trading around 0.8855. Intraday trend is slightly...

FxWirePro: AUD/USD spikes above 0.77 handle on upbeat Chinese exports data, momentum bullish
Apr 13, 2016 04:56 am UTC| Technicals
Aussies bulls received fresh impetus from stronger than expected Chinese trade data. Data showed imports picking-up pace in Australias biggest export destination, highlighting improved Chinese external...

FxWirePro: Go long in USD/SGD around 1.3450, stop loss 1.3423 and target 1.3492
Apr 13, 2016 04:43 am UTC| Technicals
USD/SGD is currently trading around 1.3450 marks. It made intraday high at 1.3469 and low at 1.3428 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3423 levels. A daily...