
FxWirePro: AUD/JPY struggling at cloud top, further bullishness only on breaks above
Mar 10, 2016 05:36 am UTC| Technicals
Our earlier calls (link below) has almost hit targets. The pair hit lows at 83.34 on Wednesdays trade, we advise exiting...

Korean won gains against US dollar after the Bank of Korea stands pat
Mar 10, 2016 05:13 am UTC| Technicals
USD/KRW is currently trading around 1205.80 marks. It made intraday high at 1213.40 and low at 1205.10 levels. Intraday bias remains bearish for the moment till the time pair holds key resistance at 1217...

FxWirePro: Buy USD/JPY breakout above 113.80, target 114.25
Mar 10, 2016 04:38 am UTC| Technicals
Markets likely calmed by higher than expected Chinese CPI figures, risk-on back. USD/JPY rallied to hit session highs at 113.80, but upside likely struggling at strong trendline resistance (113.80). The pair has...

Mar 10, 2016 04:24 am UTC| Technicals
Pair is currently trading at 1.1277 levels. It made intraday high at 1.1282 and low at 1.1224 levels. Intraday bias remains bullish for the moment. New Zealands Official Cash Rate was slashed from 2.5% to...

FxWirePro: NZD/USD tests trendline support at 0.6620, breaks below could see 0.6565 levels
Mar 10, 2016 03:59 am UTC| Technicals
Unexpected RBNZ rate cut weighed heavily on the Kiwi, sell-off pushed NZD/USD to fresh one week lows at 0.6619. The pair has since recovered some losses and is currently at 0.6632, just holding above 200-DMA at...

Nikkei225 faces strong support at 16420, good to buy at dips
Mar 10, 2016 03:02 am UTC| Technicals
Major support -16420 ( trend line joining 14770 and 15523) Major Resistance - 17200 The index has recovered after making a low of 16493. It is currently trading around 16784. The index is facing minor...

US Oil breaks major resistance $38.40, targets $41
Mar 10, 2016 02:53 am UTC| Technicals
Major resistance - $38.40 (8th Mar high) Major support - $37 US Oil has broken major resistance $38.40 and jumped till $38. is currently trading around $38.22. Any break above $38.40 confirms minor trend...