Feb 24, 2016 04:25 am UTC| Technicals
Pair is currently trading at $1228 levels. It made intraday high at $1232 levels and low at $1224 marks. Pair is trading range bound from $1190 to $1240 mark. Intraday bias remains bullish above till the...
FxWirePro: AUD/JPY extends consolidation, bias lower
Feb 24, 2016 03:54 am UTC| Technicals
AUD/JPY trades largely rangebound, remains offered on the day, made a high of 80.82 and a low of 80.11. Poor performance across US markets overnight and renewed weakness in oil furthers demand for Yen. Data...
ASX200 forms Bullish Cypher Pattern, good to buy at dips
Feb 24, 2016 03:20 am UTC| Technicals
Harmonic Pattern - Bullish Cypher Pattern Potential Reversal Zone (PRZ) - 4850 The index has retreated till 4883 after making a high of 5035. It is currently trading around 4894. On the lower side major...
Nikkei facing strong resistance around 16350, break above targets 17000
Feb 24, 2016 02:46 am UTC| Technicals
Major resistance - 16400 Major support -15600 The index is consolidating between narrow range 15600 and 16340 for the past five trading session. it is currently trading around 15934. The index is facing...
FxWirePro: USD/CHF reverses recent rally, but bias is still bullish
Feb 23, 2016 19:20 pm UTC| Technicals
USD/CHF pair edged lower on Tuesday, as the demand for safe heaven assets increased as recent rebound in oil prices and stocks faded. However downside is set to be limited as pair finds strong support at 00.9850. The...
Feb 23, 2016 16:15 pm UTC| Technicals
The yellow metal traded higher on Tuesday, as European shares fell and inflows into bullion funds increased boosting metals prices. The commodity rebounded strongly after finding support at 1206 in the early European...
FxWirePro:EUR/USD trades below 21-DMA,more downside expected
Feb 23, 2016 15:32 pm UTC| Technicals
The EUR/USD pair traded in lower range on Tuesday as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the resistance level at 1.1040 is...
FxWirePro- Major Economic Events for the day