
FxWirePro: Buy USD/MXN around 17.75, stop loss 17.69 and book profit around 18.31/ 18.94 levels
Mar 08, 2016 07:55 am UTC| Technicals
Pair is currently trading at 17.80 marks. It made intraday high at 17.81 and low at 17.73 levels. Intraday bias remains bullish till the time pair holds key support at 17.69 levels. Alternatively, a daily...

DAX30 struggles to break above 9900, targets 9300
Mar 08, 2016 07:38 am UTC| Technicals
Major resistance - 9925 Major support - 9660 (200 day 4 HMA) DAX has retreated after making a high of 9900. It is currently trading around 9710. Short term trend is still weak as long as resistance 9925...

FxWirePro: CAD/JPY forms bearish BAT pattern, good to sell on rallies
Mar 08, 2016 07:12 am UTC| Technicals
Pattern Formed - Bearish BAT Pattern Potential Reversal Zone (PRZ) - 86.16 The pair has retreated after making a high of 85. is currently trading around 84.76. Short term trend is weak as long as resistance...

EUR/SEK intraday bias remains bullish with a key support at 9.3000
Mar 08, 2016 07:07 am UTC| Technicals
Pair is currently trading around 9.3400 levels. It made intraday high at 9.3421 and low at 9.3195 levels. Intraday bias remains bullish for the moment. A daily close below 9.3000 will turn the bias bearish...
FxWirePro: USD/JPY breaks major support at 113.45 support, good to sell rallies
Mar 08, 2016 07:00 am UTC| Technicals
USD/JPY has been trading a rising wedge pattern and has broken strong support at 113.45 (wedge base). The pair has hit lows of 112.74 and has edged slightly higher to currently trade around 113 levels. Poor...

FxWirePro: EUR/NZD moves sideways to bearish, IVs overreact - hedge via 3 way straddle versus call
Mar 08, 2016 06:45 am UTC| Technicals
Technical glimpse: Please observe the Euros lacklustre movements against Kiwi dollar, it (EURNZD) has been creeping sideways to become an underperformer from last couple of trading sessions. Especially from 20th...

GBP/NZD breaks major resistance at 2.1030, targets 2.1250
Mar 08, 2016 06:33 am UTC| Technicals
Major Support -2.0880 (trend line joining 2.0625 and 2.08325) Major resistance- 2.103 ( trend line joining 2.1997 and 2.12525) The pair has recovered after making a low of 2.0835. It is currently trading around...