
FxWirePro: USD/JPY breaks resistance at 112.20, good to buy dips
Feb 25, 2016 05:01 am UTC| Technicals
USD/JPY catches fresh bid tone in the last hour, breaks trendline resistance at 112.20. Not so upbeat comments from the BOJs Kiuchi and the rebound seen in the Japanese stocks weighing on the Yen. Kiuchi...

FxWirePro: NZD/USD fails at 0.6667 (strong triple top resistance), good to sell rallies
Feb 25, 2016 04:22 am UTC| Technicals
NZD/USD trades largely rangebound after rejection at 0.6667 which is strong triple top resistance (Nov 4th 2015, Jan 7th and Feb 18th 2016). New Zealand Finance Minister Bill English has given his strongest hint yet...

Aussie falls despite positive CAPEX data
Feb 25, 2016 04:19 am UTC| Technicals
AUD/USD is currently trading around $0.7168 levels. It made intraday high at $0.7201 and low at $0.7156 levels. Australias total private capital expenditure rose 0.8% in the December quarter, the strongest rate...

FxWirePro: ASX200 faces strong resistance at 4930, good to sell on rallies
Feb 25, 2016 03:17 am UTC| Technicals
Major resistance -4930 Major support - 4815 ASX200 has recovered after making a low of 4824. It is currently trading around 4859. Short term trend is still weak as long as resistance 4930 holds. On the lower...

FxWirePro: Nikkei faces strong support at 15500, good to buy at dips
Feb 25, 2016 02:49 am UTC| Technicals
Major resistance - 16400 Major support -15500 The index has once again recovered after making a low 15526. It is currently trading around 16011. The index is facing strong resistance around 16340 and any...

FxWirePro: AUD/USD stay long for 0.7330, key support at 55-DMA
Feb 24, 2016 20:30 pm UTC| Technicals
AUD/USD inched higher in the late US session to trade around 0.7200 levels as late rebound in oil prices supported Aussie bulls. Currently the pair is inching upwards to test resistance level at 0.9258. Further decline...

Feb 24, 2016 18:20 pm UTC| Technicals
The yellow metal traded higher on Wednesday, as the demand safe heaven assets increased after US stocks opened lower. As of now commodity has decline strongly after finding resistance at 1206 in the mid US session,...