
FxWirePro: USD/JPY takes trendline support at 113.27, good to buy dips
Mar 04, 2016 07:20 am UTC| Technicals
USD/JPY has held rising trendline support at 113.27 on the 4 hourly charts and edges higher. Recovery picks-up pace in response to the renewed rally seen in the Chinese equities. Shanghai Composite bounces 0.63%, CSI 300...

EUR/NOK hovers above key support at 9.3862, intraday bias remains neutral
Mar 04, 2016 07:08 am UTC| Technicals
Pair is currently trading at 9.3919 levels. It made intraday high at 9.4018 and low at 9.3865 levels. Intraday bias remains neutral till the time pair holds key support levels at 9.3862 marks. A daily close below key...

FxWirePro: GBP/AUD edges higher from fresh 10-month lows at 1.9153, test of 1.90 levels likely
Mar 04, 2016 06:21 am UTC| Technicals
GBP/AUD hit fresh 10-month lows at 1.9153 in Thursdays trade and is currently trading a narrow range (1.9280/02) on the day. Price action has broken below channel base and has dipped below the weekly cloud. Momentum...

FxWirePro: Gold faces strong resistance around $1268, good to buy at dips
Mar 04, 2016 06:15 am UTC| Technicals
Major resistance - $1250 (trend line joining $1433 and $1391) Major support-$1237 (3 W EMA) Gold has broken major resistance $1250 and jumped $1268. It is currently trading around $1261. Short term trend is still...

USD/CNY fails to break key resistance at 6.56, sell on rallies
Mar 04, 2016 06:05 am UTC| Technicals
Pair is currently trading around 6.5164 levels. It made intraday high at 6.5374 and 6.5179 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.56 marks. Key support levels are...

Mar 04, 2016 05:48 am UTC| Technicals
The ECB signals of a further loosening of monetary policy at its forthcoming meeting on 10th March. The abating economic growth should swing the Governing Council to be bolder this time as the Decembers meeting has...

FxWirePro: ASX200 struggles to close above 5100, good to buy at dips
Mar 04, 2016 05:37 am UTC| Technicals
Major support - 5020 (resistance turned into support) ASX200 breaks major resistance 5075 and jumped till 5105. It is currently trading around 5088. On the higher side major resistance is around 5120 and any...