
Nikkei225 faces strong support at 16420 break below targets 1550
Mar 09, 2016 03:14 am UTC| Technicals
Major support -16420 ( trend line joining 14770 and 15523) Major Resistance - 17200 The index has made a low of 16493 at the time of writing and slightly recovered from that level. It is currently trading around...
USD/MYR trends higher, underpinned by risk off, oil/commodities fall
Mar 09, 2016 00:09 am UTC| Technicals
Outlook is bullish after failure below 4.10, eyes 4.15 resistance Bank of Malaysia (BNM) policy meeting today, forecast OPR to remain unchanged at...
USD/JPY opens broadly lower with risk
Mar 08, 2016 22:07 pm UTC| Technicals
NY 112.42/113.15 range provide initial support/resistance 111.00 Feb double bottom a base - 115.07, 38.2% 2016 fall pivotal resistance Neutral momentum studies, 5, 10 20 DMAs coil - little...
AUD/USD holding up with help of 1.12% rise in iron ore
Mar 08, 2016 22:04 pm UTC| Technicals
Other commodities fall hard after China trade data disappoint and spur growth fears NYMEX crude down over 4% and NY copper down 2.7% AUD/USD holds rallies at 0.7500, but could test of 200-day MA around...
FxWirePro: AUD/USD stuck in range but outlooks remains bullish
Mar 08, 2016 19:31 pm UTC| Technicals
AUD/USD paused near 8-month high on Tuesday as heavy yen buying and disappointing Chinese trade data weighted on Aussie bulls. Currently the pair is making an attempt to test resistance level at 0.9500. Further...
FxWirePro: EUR/USD gains upside momentum with focus on 1.1150 levels
Mar 08, 2016 16:13 pm UTC| Technicals
Euro has gained some ground against dollar by reaching as high as 1.0910 levels in the early US session as oil prices slipped into negative territory, reversing some of the earlier gains. The ongoing bullish trend is set...
FxWirePro: GBP/USD bearish again as upside bias reverses
Mar 08, 2016 15:28 pm UTC| Technicals
The GBP/USD has resumed its bearish trend, as the sterling was back under bearish pressure after European stock markets declined. The pair is all set to move in quick succession towards 1.4000 levels in the near term, as...