
FxWirePro: AUD/JPY upside stalls at 61.8% Fib, price action contained within daily cloud
Mar 11, 2016 05:16 am UTC| Technicals
Daily cloud still weighs on AUD/JPY upside, price action remains contained within the cloud. Upside on Thursday was capped at 85.70 levels, which is 61.8% Fib retracement of 90.725 to 77.582 fall. Momentum is...

FxWirePro: NZD/USD trades just shy of 0.67 handle, tracks gains in oil prices
Mar 11, 2016 04:18 am UTC| Technicals
Kiwi positively impacted by more stimulus unveiled by the RBNZ and ECB, extends gains for the second day on Friday. NZD/USD is trading just shy of the 0.67 handle and could see further upside. 10-DMA at 0.6697...

EUR/USD faces resistance at 1.618 extension,sell at 1.1280
Mar 11, 2016 03:20 am UTC| Technicals
Major resistance - 1.1280 (161.8% retracement of 1.10682 and 1.08255) The pair has recovered after making a low of 1.08221 after ECB meeting. EUR/USD has made a high of 1.1282 and slightly retraced from that...

FxWirePro: Nikkei225 breaks major support at 16420, good to buy at dips
Mar 11, 2016 02:51 am UTC| Technicals
Major support -16420 ( trend line joining 14770 and 15523) Major Resistance - 17200 The index is consolidating between narrow range 16460-17164 for the past three trading session. It is currently trading around...
FxWirePro: Gold prices set to advance further, bullish extension till 1280 is likely
Mar 10, 2016 16:17 pm UTC| Technicals
The yellow metal inched higher on Thursday as the Euro bounced back from 6 weeks low after European Central Bank signaled that further interest rate cuts in the Eurozone is unlikely. The commodity is set to advance...
FxWirePro:USD/CAD strongly bearish despite upside attempts
Mar 10, 2016 15:48 pm UTC| Technicals
The USD/CAD pair inched higher on Thursday as crude oil prices declined, with the currency pair pulling back from four month low reached on Wednesday. The pair hit low at 1.3235 before recovering to trade around...
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
Mar 10, 2016 15:09 pm UTC| Technicals
AUD/USD pair has made a short pullback to test 61.8% fib retracement level at 0.7415. Currently the pair is making an attempt to rebound back towards 0.7500 levels. The pair is set to reach higher level, as the pair...