
FxWirePro: NZD/USD holds channel support, good to buy dips
Dec 21, 2015 04:39 am UTC| Technicals
The antipodeans struggling for momentum on Monday as traders reluctant to make any significant bets in a holiday-heavy week NZD/USD is marginally firmer in lacklustre Asia, holds channel support in Fridays trade...

FxWirePro: USD/JPY largely range bound, good to buy dips around 121 levels
Dec 21, 2015 03:50 am UTC| Technicals
Yen slumps post BoJ on Friday were quickly faded, USD/JPY initially spiked to session highs at 123.54, but then closed in the red at 121.09 after wild swings. On the day, USD/JPY is largely rangebound, trading a...
Major Asian Indices Technical Analysis
Dec 21, 2015 03:17 am UTC| Technicals
Nikkei225: The index has made a high of 19900 on Friday and declined heavily from that level is currently trading around 18683. Short term bullishness only above 19050 and break above will take the index to next...
FxWirePro: EUR /USD key resistance at 1.0895, bearish in the short term
Dec 18, 2015 16:29 pm UTC| Technicals
EUR /USD pair has rebounded against US dollar to trade around 1.0846 levels after US Service PMI data printed negative figures. However, Further advance is expected to be limited as the pair faces strong resistance at...
FxWirePro: USD/JPY consolidates around 121.52 levels, bias remains bullish
Dec 18, 2015 15:27 pm UTC| Technicals
USD/JPY has slipped sharply to trade around 121.50 levels, initially the pair jumped to hit high around 123.60 levels during the course of Bank of Japan press conference in the early Asian session, wherein the central bank...
FxWirePro: Saucer patter to lead USD/CAD uptrend – buy at dips and hedge via straps
Dec 18, 2015 13:49 pm UTC| Technicals
This what we call it as a decisive break, it is on the verge of breaking trend line with robust volumes build up (see grey shaded portion). Absolutely no trace of selling on all EOD, weekly and monthly...
FxWirePro: GBP/USD fails to break resistance at 1.4950, bearish in the short term
Dec 18, 2015 13:48 pm UTC| Technicals
The British Pound has slipped lower against US dollar, after failing to break resistance level located at 1.4950. The pair declined to hit low at 1.4863 after The US rate hike sparked dollar demand across the board on...