CAD/JPY breaks major trend line support at 82.25, decline till 80.85 is possible
Feb 17, 2016 05:29 am UTC| Technicals
Major support -82.25 (trend line joining 79.27 and 79.79) The pair has broken major support 82.25 and declined till 81. term trend is slightly weak as long as resistance 82.70 holds. Any break above 82.70 will...
FxWirePro: AUD/NZD eyes 200-DMA at 1.0917, good to buy dips
Feb 17, 2016 05:20 am UTC| Technicals
AUD/NZD extends upside to close above daily cloud in yesterdays trade, cloud now offers strong support on the downside. Daily charts show a bullish 5 and 10 day moving average crossover, and momentum is with the...
A big day for Gold ahead of US monetary policy meeting minutes
Feb 17, 2016 04:58 am UTC| Technicals
Pair is currently trading at $1208 marks. It made intraday high at $1209 and low at $1195 marks. Yesterday pair was enjoying roller coaster movement from $1190 to $1216 marks. Today US will publish monetary...
USD/CHF well supported below 0.99, short on rallies
Feb 17, 2016 03:57 am UTC| Technicals
Pair is currently trading at 0.9875 levels. It made intraday high at 0.9898 and low at 0.9875 levels. Pair rejects the 0.99 marks and took reversal from yesterdays high. A daily close above key resistance at...
FxWirePro: NZD/USD breaks strong trendline support, good to sell rallies
Feb 17, 2016 03:56 am UTC| Technicals
GDT price index came in at -2.8% vs -7.4% prior, down for the 4th consecutive time, furthering downside in NZD/USD. RBNZs quarterly inflation expectations survey showed the outlook for inflation on a 2-year horizon...
FxWirePro: Sell GBP/USD on rallies around 1.4305 with SL around 1.4360 for the TP of 1.4240/1.4180
Feb 17, 2016 02:50 am UTC| Technicals
Major support - 1.4320 Major resistance -1.4360 (support turned into resistance) The pair has broken major support 1.4320 and declined till 1.42769. It is currently trading around 1.42998. Short term trend is...
Major Asian Indices Technicals
Feb 17, 2016 02:38 am UTC| Technicals
Nikkei: Nikkei has made a high of 16333 and slightly retreats from that level. It is currently trading around 16025. Short term trend is bullish as long as support 15500 (Kijun-Sen) holds. The index is facing...
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