
FxWirePro: NZD/USD breaks out of range trade, 0.6835 next likely target
Mar 07, 2016 04:40 am UTC| Technicals
NZD/USD broke out of 0.6745-0.6565 range trade on Friday, which it was trading in since the past month. Positive reversal in global risk sentiment has boosted high-yielding risky currencies which have outperformed...

Gold finds support above $1250 after US NFP results, intraday bias remains neutral
Mar 07, 2016 04:33 am UTC| Technicals
Pair is currently trading at $1260 marks. It made intraday high at $1268 and low at $1256 levels. February US non-farm payrolls far outpaced estimates on Friday; however, average hourly earnings data were less...

ASX200 trades well above 5100, jump till 5230 is possible
Mar 07, 2016 03:31 am UTC| Technicals
Major support - 5075 (resistance turned into support) ASX200 breaks major resistance 5100 and jumped till 5155. It is currently trading around 5135. On the higher side major resistance is around 5160 and any break above...

Nikkei faces minor resistance around 17200, good to buy at dips
Mar 07, 2016 03:08 am UTC| Technicals
Major support -16500 ( 7 day EMA) The index has broken major resistance 17035 and jumped till is currently trading around 16908. The index is facing minor resistance around 17200 and any break above targets...
FxWirePro: USD/JPY regains upwards momentum, eyes 114.80 levels
Mar 04, 2016 16:15 pm UTC| Technicals
The USD/JPY pair slipped towards 113.14 levels after the release of US employment data, however the pair pulled back some losses after the market stabilized from the impact of the news. Currently the pair is trading...
FxWirePro: EUR/USD key support at 1.0960, buy deal are recommended around 1.0980
Mar 04, 2016 15:08 pm UTC| Technicals
The pair has found renewed bullish momentum after breaking strong resistance at 1.0960 and is moving upwards to test next resistance level at 1.1040. The pair is trading around 1.1025 levels and it is expected...

FxWirePro: EUR/JPY recovery capped at 125 levels, further upside only on breaks above
Mar 04, 2016 12:54 pm UTC| Technicals
EUR/JPY edged higher from session lows at 123.93, recovery in the pair was capped at 125.06. ECB policy meeting on 10th March is a major risk event for the pair. Growth and inflation expectations have deteriorated...