
GBP/JPY breaks major trend line resistance, targets 164
Mar 10, 2016 05:40 am UTC| Technicals
Major Resistance - 161.40 (trend line joining 162.43 and 162.22) Major Support - 160.70 The pair has broken major resistance 161.40 and jumped till 161.57. It is currently trading around 161.45. Short term...

Mar 10, 2016 05:40 am UTC| Technicals
AUD/NZD surpasses recent bullish focal points, from 26th Feb Aussie dollar against Kiwi dollar has been recovering its price losses, bulls started pushing hard vigorously from the lows of 1.0670 to the current 1.1273...

FxWirePro: GBP/NZD breaks consolidation phase, good to buy dips, target 2.17 levels
Mar 10, 2016 05:38 am UTC| Technicals
GBP/NZD has broken out of its consolidation phase and is extending upside after breaking resistance at 2.1252 (Mar 2nd highs). Momentum indicators are biased higher and the MACD has also given confirmation with a...

FxWirePro: AUD/JPY struggling at cloud top, further bullishness only on breaks above
Mar 10, 2016 05:36 am UTC| Technicals
Our earlier calls (link below) has almost hit targets. The pair hit lows at 83.34 on Wednesdays trade, we advise exiting...

Korean won gains against US dollar after the Bank of Korea stands pat
Mar 10, 2016 05:13 am UTC| Technicals
USD/KRW is currently trading around 1205.80 marks. It made intraday high at 1213.40 and low at 1205.10 levels. Intraday bias remains bearish for the moment till the time pair holds key resistance at 1217...

FxWirePro: Buy USD/JPY breakout above 113.80, target 114.25
Mar 10, 2016 04:38 am UTC| Technicals
Markets likely calmed by higher than expected Chinese CPI figures, risk-on back. USD/JPY rallied to hit session highs at 113.80, but upside likely struggling at strong trendline resistance (113.80). The pair has...

Mar 10, 2016 04:24 am UTC| Technicals
Pair is currently trading at 1.1277 levels. It made intraday high at 1.1282 and low at 1.1224 levels. Intraday bias remains bullish for the moment. New Zealands Official Cash Rate was slashed from 2.5% to...