
Mar 03, 2016 07:17 am UTC| Technicals
Pair is currently trading at 1.3934 levels. It made intraday high at 1.40 and low at 1.3905 levels. Intraday bias remains bearish till the time pair holds key resistance level at 1.40 levels. On the other...

GBP/JPY faces strong trend line resistance at 160.90, break above targets 163.95
Mar 03, 2016 07:05 am UTC| Technicals
Major resistance - 160.90 (trend line joining 167.63 and 166.08) Major support - 159.25 The pair has slightly retreated after making a high of 161 at the time of writing. It is currently trading at...

FxWirePro: What makes EUR/CAD delta instruments more productive in hedging strategies?
Mar 03, 2016 07:01 am UTC| Technicals
As we see more downside potential on this pair as the bulls could not hold onto the recent peaks of 1.5914 but further to break below neckline at 1.5100 and claims more dips breaking important supports at 1.4949 levels to...

FxWirePro: EUR/GBP breaks major support at 0.7740, drag till 0.7660 likely
Mar 03, 2016 06:43 am UTC| Technicals
EUR/GBP has broken major support at 0.7740 and is trading around 0.77 levels. We had earlier given short call for the pair (link...

Mar 03, 2016 06:35 am UTC| Technicals
Australia reported a trade gap of AU$ 2.94 billion in January of 2016, a decrease of 17% from a downwardly revised AU$ 3.52 billion deficit in a month earlier and better than market expectations. Exports rose 1.0% to AU$...

S&P500 faces strong resistance around 1990, break above targets 2045
Mar 03, 2016 06:14 am UTC| Technicals
Major resistance - 1990 (trend line joining 1931 and 1946) Major support - 1960 The index has slightly recovered after making a low of 1968. It is currently trading around 1987. Any break above 1990 will...

USD/INR opens at 67.39, short term trend reversal likely
Mar 03, 2016 05:56 am UTC| Technicals
Pair is currently trading at 67.41 marks. It made intraday high at 67.55 and low 67.36 levels. Intraday bias remains bullish for the moment. A current rebound from 68.78 will likely to take pause around...