USD/INR breaks key support at 66.93, likely to sell on rallies
Mar 14, 2016 06:31 am UTC| Technicals
USD/INR is currently hovers around 67.00 marks. It made intraday high at 67.02 and low at 66.88 levels. Intraday bias remains bearish for the moment. A daily close below 66.93 will take the parity back below...
FxWirePro: GBP/JPY faces resistance at 1.618% extension, good to sell on rallies
Mar 14, 2016 06:04 am UTC| Technicals
Major resistance 164.25 (161.8% retracement of 162.43 and 159.48) The pair has made a high of 164.09 and started to retreat from that level. It is currently trading around 163.59. Short term trend is weak as...

FxWirePro: AUD/USD hits new 8-month highs at 0.7593, 0.77 next likely bull target
Mar 14, 2016 05:54 am UTC| Technicals
Commodity bounce and resilient global risk sentiment keeps upside in AUD/USD intact. The pair hit fresh 8-month highs at 0.7593 and has edged slightly lower to currently trade at 0.7584. Technicals support upside...

Mar 14, 2016 05:43 am UTC| Technicals
Strong resistance at 114.500 , sideways to mild upswings in short term possible but to be utilized for mitigating long term bearish risks. Strong support at 113.222 broken on monthly basis, robust volumes on price...

Chinese Yuan gains on mixed data over the weekend
Mar 14, 2016 05:43 am UTC| Technicals
Pair is supported above 6.4900 levels. Key support falls at 6.4910 levels and daily close below will take the parity towards key support are at 6.4736 marks. On the other side, reversal from 6.49 levels will turn...

FxWirePro: AUD/JPY breaks above daily cloud, targets 200-DMA at 87.32
Mar 14, 2016 05:10 am UTC| Technicals
Daily cloud was strong resistance for AUD/JPY upside, refer previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-upside-stalls-at-618-Fib-price-action-contained-within-daily-cloud-177045) Price action in the...
Gold starts week on a higher note, intraday bias remains bullish
Mar 14, 2016 04:59 am UTC| Technicals
XAU/USD is currently supported above $1250 and trading around $1253 marks. It made intraday high at $1256 and low at $1247 levels. Intraday bias remains bullish till the time pair holds key support at $1247...