
FxWirePro: Nikkei225 faces strong resistance at 17200, good to sell on rallies
Mar 08, 2016 02:32 am UTC| Technicals
Major support -16500 ( 200 day 4 H EMA) Major Resistance - 17200 The index has retreated after making a high of is currently trading around 16616. The index is facing minor resistance around 16800 and any...
EUR/USD seen consolidating on Monday ahead of ECB decision Thursday
Mar 08, 2016 00:38 am UTC| Technicals
Resistance at 200-day MA at 1.1046 holding for the time-being Aggressive ECB easing expected, but market wary of disappointment and reluctant to increase...
AUD/USD trends higher as iron ore soars 19.5% higher
Mar 07, 2016 22:27 pm UTC| Technicals
Next resistance is found at the 50% retracement of 0.8164/0.6827 at 0.7495 Support at former resistance around...
FxWirePro: XAU/USD intraday upside momentum strong after global stocks decline
Mar 07, 2016 19:30 pm UTC| Technicals
The yellow metal traded higher on Monday as global shares declined while fall in average US earnings lessened expectations that Federal Reserve could raise interest rate at next meeting. The commodity after finding...
FxWirePro: AUD/USD consolidating around 0.7480 levels, outlook bullish
Mar 07, 2016 17:57 pm UTC| Technicals
AUD/USD inched higher to trade around 7 month high on Monday as strong gains in oil prices supported Aussie bulls. Much of the move in the Aussie dollar was due last weeks unexpected acceleration in fourth quarter...
FxWirePro: USD/CAD declines as oil prices rally, scope for further downside
Mar 07, 2016 15:34 pm UTC| Technicals
The USD/CAD pair slipped lower on Monday as crude oil prices rose. The pair hit high at 1.3374 before declining to trade around 1.3323 levels in the early US session. As long the pair trades below strong resistance...
FxWirePro: EUR/USD reverses recent rally, bias back to downside
Mar 07, 2016 14:53 pm UTC| Technicals
The EUR/USD pair traded in lower range today in the early European session hitting as low as 1.0937 before rebounding towards 1.0967 levels, further advance towards higher levels should be limited around 1.1050 levels as...