
FxWirePro: CAD/JPY faces strong resistance at 86.30, good to buy at dips
Mar 28, 2016 07:46 am UTC| Technicals
Major resistance 86.30 (trend line joining 86.21 and 86.27) Major support - 84.50 The pair has once again retreated after making a high of 86.29 on 23rd Mar 2016. It has declined till 84.56 and slightly...

FxWirePro: AUD/CAD supported above daily cloud, weakness only on breaks below
Mar 28, 2016 07:31 am UTC| Technicals
The Canadian dollar seems to be resuming its upside momentum, supported by a better tone in crude oil price. AUD/CAD rangebound but remains supported above daily cloud (currently spanning...

FxWirePro: US oil faces strong resistance around $40, good to buy at dips
Mar 28, 2016 07:06 am UTC| Technicals
Major resistance - $40 (trend line joining $41.85 and $41.22) Major support - $38 The commodity has made a slight jump till $40.01 at the time of writing and slightly declined from that level. It is currently...

FxWirePro: EUR/GBP trades narrow range, capped below 0.79 handle
Mar 28, 2016 07:01 am UTC| Technicals
EUR/GBP trades narrow range amid thin trade as most European markets remain closed on account of the Easter holiday. The pair has edged below the 0.79 handle and is currently trading around 0.7893 levels. Strong...

Mar 28, 2016 06:14 am UTC| Technicals
The current prices jumped above 7 21DMA, that signals more upswings likely in short term. The upswings are most likely as the pair breaks out above resistance at 112.670 levels. After taking major support at...

FxWirePro: GBP/JPY breaks minor trend line resistance, good to buy at dips
Mar 28, 2016 06:07 am UTC| Technicals
Major resistance- 160.30 (trend line joining 175.01 and 164.09) Major support- 159 The pair has broken major resistance 160.30 and jumped till 160.63 at the time of writing. It is currently trading at...

FxWirePro: AUD/JPY extends gains above 85 handle, short-term bias remains higher
Mar 28, 2016 06:01 am UTC| Technicals
AUD/JPY extends rangebound between 84.00 and 86.38 March 13th high, while short-term bias remians bullish. Renewed optimism on the Asian equities alongside a recovery in gold and copper prices underpin the sentiment...