Mar 21, 2016 06:16 am UTC| Technicals
This APAC pair has tested supports at 0.6750 levels (7DMA is at 0.6732, 7th Mar lows and 4th and 5th of Feb highs), but bearish pressures was also seen at 0.6780 for short term trend as it rejected resistance at this...

CAD/CHF faces strong support at 0.7400, break below targets 0.7285
Mar 21, 2016 06:16 am UTC| Technicals
Major support 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as...

FxWirePro: NZD/USD sees strong resistance at 0.6870, good to sell rallies
Mar 21, 2016 05:36 am UTC| Technicals
NZD/USD is extending declines from strong trendline resistance at 0.6870. We see scope for downside to test 0.6615. Data today showed that visitor arrivals fell by -1.6% in February after a 2.7% rise in January and...

US dollar erases previous loss against Chinese Yuan, good to buy on dips
Mar 21, 2016 05:09 am UTC| Technicals
USDCNY is currently trading at 6.4845 levels. It made intraday high at 6.4845 and low at 6.4682 levels. Intraday bias remains bullish for the moment. A sustained break below 6.4590 will tests another support...
FxWirePro: AUD/USD holds minor support at 0.7568, weakness only on breaks below
Mar 21, 2016 04:58 am UTC| Technicals
AUD/USD has downside has tested 0.7568, and has edged slightly above to currently trade at 0.7590 levels. 0.7568 is minor trendline support for the pair, breaks below could see downside to 0.7550 and then 0.75...
Indian rupee erases previous gain against US dollar, intraday bias remains bullish
Mar 21, 2016 04:20 am UTC| Technicals
USD/INR is currently trading at 66.55 marks. It made intraday high at 66.55 and low at 66.46 levels. Intraday bias remains bullish for the moment. A daily close below 66.35 will take the parity back around...

FxWirePro: EUR/JPY capped below 10-DMA at 125.75, momentum bearish
Mar 21, 2016 04:04 am UTC| Technicals
EUR/JPY is extending decline, sees strong trendline resistance at 126.20. Some rumors of a possible BOJs intervention, lead to a slide in the Japanese currency by the end of the week. We see a Doji formation in...