
FxWirePro: Watchout for NZD/JPY breaks above 82.45 for further bullishness
Dec 28, 2015 09:33 am UTC| Technicals
NZD/JPY edges higher for the third straight session, trades range-bound on the day, 82.32/41 were days high/low till now. A bounce in oil prices coupled with a positive new Zealand trade balance keeps the upside in...

GBP/JPY breaks minor trend line resistance, targets 182.25
Dec 28, 2015 09:05 am UTC| Technicals
Major trend line resistance - 179.70 (trend line joining 181.22 and 179.91) Any break above 179.70 confirms minor bullishness, a jump till 181.20/182.25 is possible . On the downside trend reversal only below...

FxWirePro: Exploiting GBP/AUD shorts on IVs, balance back spreads with 3:2 ratios
Dec 28, 2015 08:51 am UTC| Technicals
The pair has been pretty much responding as per earlier analysis and we could now foresee a little bit price bounces in near term as the daily chart suggest some buying interest that would result in some price...

FxWirePro: Gold consolidates in narrow range, good to sell on rallies
Dec 28, 2015 08:11 am UTC| Technicals
Gold is consolidating in narrow range between $1068 and $1081. It is currently trading around $1072. Short trend is still weak as long as resistance $1100 holds. Any break above $1100 will take the commodity till...

Dec 28, 2015 07:50 am UTC| Technicals
Back to back bearish patterns on monthly graphs: We traced out bearish spinning top, gravestone doji and hanging man patterns at around 2.1549, 2.1552 and 2.1607 levels respectively. These bearish pattern are an extremely...

FxWirePro: AUD/USD upside stalls at 0.7282 levels, good to sell rallies
Dec 28, 2015 07:22 am UTC| Technicals
AUD/USD edges lower after hitting session highs at 0.7283, bulls struggling to extend gains above 5-DMA, currently trades at 0.7265. The pair trades in a narrow range amid holiday-thinned trades, rally from 0.7097...

FxWirePro: GBP/AUD faces strong support around 2.030, good to sell on rallies
Dec 28, 2015 07:04 am UTC| Technicals
GBP/AUD has slightly recovered after making a low of 2.044. It is currently trading at 2.0520. On the lower side minor support is around 2.030 and any break below targets 2/1.980. The pairs resistance is around...