
FxWirePro: EUR/NOK remains well supported below key resistance at 9.4997, good to sell on rallies
Apr 06, 2016 05:29 am UTC| Technicals
EUR/NOK is currently trading at 9.4775 levels. It made intraday high at 9.4925 and low at 9.4704 levels. Intraday bias remains bearish till the time pair holds key resistance level at 9.4997. A daily close...

FxWirePro:NZD/CAD faces strong resistance around 0.9020, good to sell on rallies
Apr 06, 2016 05:24 am UTC| Technicals
Major resistance 0.9020 Major support -0.8850 The pair has recovered till 0.89699 after making a low of 0.8877. It is currently trading around 0.89455. Short term trend is weak as long as resistance 0.9020...

FxWirePro: AUD/JPY sees strong support at 83.07 (cloud top), further weakness only on breaks below
Apr 06, 2016 05:10 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-on-track-for-83-levels-stay-short-189331) has achieved all targets. The pair hit lows of 82.80 on Tuesdays trade and has pared losses to currently trade...

FxWirePro: Indian rupee recovers from 3 –month high against US dollar, Service PMI data in focus
Apr 06, 2016 04:50 am UTC| Technicals
USD/INR is currently trading at 66.50 marks. It made intraday high at 66.53 and low at 66.38 levels. Intraday bias remains bullish for the moment. A daily close below 66.07 will drag the parity down towards...

FxWirePro: USD/JPY edges higher from fresh multi-month lows at 109.95
Apr 06, 2016 04:30 am UTC| Technicals
USD/JPY hit fresh multi-month lows at 109.94, it was seen below the 110 mark in Oct 2014, when the BoJ surprised markets with extra easing measures. The pair came under renewed pressure after WSJ reported PM Abe...

FxWirePro: South Korean Won fails to sustain above 1160, intraday bias remains bearish
Apr 06, 2016 04:02 am UTC| Technicals
USD/KRW is currently trading around 1154 levels. It made intraday high at 1160 and low at 1153 levels. Intraday bias remains bearish for the moment. A daily close above 1153 will drag the parity up towards...

FxWirePro: AUD/USD edges higher on upbeat China services PMI data, good to buy dips
Apr 06, 2016 03:44 am UTC| Technicals
AUD/USD rebounds from session lows at 0.7510 following the release of the Chinese services PMI report. Data showed that China services sector activity expanded from 51.2 in Feb to 52.2 in Mar, highlighting that the...