
FxWirePro: NZD/JPY sees strong resistance at 76.85, further bullishness only on breaks above
Mar 04, 2016 04:52 am UTC| Technicals
NZD/JPY has been trading in a multi-week range of 76.84-73.54, the pair has broken strong trendline resistance at 76. We had given a long call for the pair...

FxWirePro: Slight bearish bias in AUD/USD post retail sales miss, uptrend intact
Mar 04, 2016 04:18 am UTC| Technicals
Data released earlier today showed that the Australian retail sales data came in below estimates, but poor data had little impact on Aussie bulls. Australia retail trade rose 0.3% in Jan, missing expectations for a growth...

Japanese Yen gains in early Asian hours after Kuroda’s comments
Mar 04, 2016 03:57 am UTC| Technicals
Pair is currently trading at 113.62 levels. It made intraday high at 113.75 and low at 113.24 levels. TodayBank of Japan Governor Haruhiko Kuroda told Japans parliament that the Central bank was not currently...
FxWirePro: Nikkei225 faces strong resistance at 17035, good to buy at dips
Mar 04, 2016 03:34 am UTC| Technicals
Major resistance - 17035 (55 day EMA) Major support -16500 ( 7 day EMA) The index has made a high of 16984 and slightly declined from that level. It is currently trading around 16951. The major resistance is...

FxWirePro: USOIL faces strong resistance at $35.30, good to buy at dips
Mar 04, 2016 02:21 am UTC| Technicals
Major resistance - $35.30 USOIL has slightly retreated till $34.17 after making a high of $35.29. It is currently trading around $34.66. Short term trend is bullish as long as support $34 holds. Any break below...
FxWirePro: USD/JPY finds support at 113.40, eyes 114.50 levels
Mar 03, 2016 17:56 pm UTC| Technicals
The USD/JPY pair rallied initially to test resistance level at 114.21 in the early European session. However, after failing to break resistance level at 21, the pair has slipped back towards 112.55 levels. The pair...
Mar 03, 2016 17:38 pm UTC| Technicals
The yellow surged higher on Thursday as dollar eased and equity market retreated, increasing demand for yellow metal as alternative asset. Gold is likely to advance further as the demand for the yellow metal is set to...