
AUD/NZD breaks key resistance at 1.0876 after better than expected Australia’s GDP figure
Mar 02, 2016 04:58 am UTC| Technicals
Pair is currently supported above 1.09 levels and trading around 1.0919 levels. It made intraday high at 1.0925 and low at 1.0795 levels. Today Australia released GDP data with positive figures at 0.6% Q/Q vs...

FxWirePro: USD/JPY consolidating upside post upbeat US PMI data, focus on ADP employment data
Mar 02, 2016 04:15 am UTC| Technicals
USD/JPY staged an impressive 200 pip rally after stronger than expected US ISM PMI indices. US ISM numbers came in better than expected at 49.5 in February, compared to 48.2 seen in January. Comments from BOJ...

FxWirePro: EUR/CAD sees minor support by cloud top at 1.4491, breaks below to see further weakness
Mar 02, 2016 03:52 am UTC| Technicals
EUR/CAD extends weakness to hit new multi-week lows at 1.4529 on Tuesday, bears look relentless, scope for further downside. The pair is being taken down with high volumes, 1.450 next bear target, further downside to...

ASX200 faces resistance at 5020, break above targets 5075/5130
Mar 02, 2016 02:59 am UTC| Technicals
Major resistance - 5020 ( trend line joining 5074 and 5036) Minor support 4975 The index has broken psychological resistance 5000 and jumped till 5017 at the time of writing. It is currently trading around...

Nikkei225 breaks major resistance 16525, targets 17250
Mar 02, 2016 02:25 am UTC| Technicals
Major resistance - 165255 (200 day 4 HMA) Major support -16200 The index has broken major resistance 16525 and jumped till 16725 at the time of writing. It is currently trading around 16721. Any break above...

FxWirePro: USD/CHF key support at 0.9957, bullish in the short term
Mar 01, 2016 18:52 pm UTC| Technicals
The USD/CHF rebounded from 0.9962 levels, erasing the earlier losses, after US ISM manufacturing PMI data released from the US market printed positive figures. The short term picture depicts more bullish trend for this...
Gold retreats from daily high, outlook bullish - long around 1220, targets around 1247/1272, SL 1206
Mar 01, 2016 18:16 pm UTC| Technicals
Gold has retreated after finding resistance at 1247 levels to trade around 1230 levels, erasing some earlier gains made in the early US session. However, downside is set to be limited as the commodity finds strong support...