
FxWirePro: NZD/JPY holds minor support at 74.43, upside could test 75.45
Mar 16, 2016 04:28 am UTC| Technicals
Renewed weakness in NZ dairy prices overnight (GDT-TWI down 2.9%) kept the Kiwi weak. NZD/JPY tested lows of 74.43. Our previous call...

Gold refrains to fall below 2-week low, FOMC in focus
Mar 16, 2016 04:00 am UTC| Technicals
XAU/USD is currently trading around $1232 levels. It made intraday high at $1234 and low at $1229 levels. Intraday bias remains bullish for the moment. A sustained break below $1226 will turn the bias...

FxWirePro: USD/JPY reverses BoJ sell-off, good to buy dips
Mar 16, 2016 03:51 am UTC| Technicals
Yen is being sold off in the Asian session, comments from Japanese authorities reviving BoJ easing prospects weighing. USD/JPY is edging higher after hitting lows of 112.63 on Tuesdays trade and is currently trading...
ASX200 faces strong support at 5075, good to buy at dips
Mar 16, 2016 03:29 am UTC| Technicals
Major support - 5075 (resistance turned into support) ASX200 has made a low of 5079 and started to recover from that level. It is currently trading at 5108. Short term trend is slightly bullish as long as support...

Nikkei225 trades in narrow range, good to buy at dips
Mar 16, 2016 02:58 am UTC| Technicals
Major resistance - 17200 The index is consolidating in narrow range between 17300 and 16872 for the past two trading session. It is currently trading around 17209.Short term trend is bullish as long as support 16750...

USD/MYR fails to sustain above key resistance at 4.1501, sell on rallies
Mar 16, 2016 02:28 am UTC| Technicals
Pair is currently trading around 4.1335. It made intraday high at 4.1470 and low at 4.1356 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.1501. A sustained break above key...

Kiwi falls against major peers after another drop in dairy prices at Fonterra's auction
Mar 16, 2016 02:00 am UTC| Technicals
Kiwi was trading with a loss of 1.01% at $0.6585 against the US dollar, falling to a two-week low of $0.6576. In addition, AUD/NZD breaks key resistance at 1.1298 and supported around 1.1315 levels. Pair made...