FxWirePro: Kiwi weak heading into RBNZ tomorrow, good to buy AUD/NZD dips
Dec 09, 2015 04:28 am UTC| Technicals
AUD/NZD slightly bid in the Asian session up around 0.25% as we head into the RBNZ policy meet tomorrow. RBNZ is widely expected to cut rates at tomorrows meeting by 25bps, to 2.50 percent. In the event it does cut...
Major Asian Indices Techncials
Dec 09, 2015 03:28 am UTC| Technicals
Asian Indicies Nikkei Nikkei hits three week low on account of global equity sell off and weaker oil prices. It has made a low of 192333 and is currently trading around 19300. On the lower side the index...
FxWirePro: USD/CAD key support at 1.3480, bullish in the short term
Dec 08, 2015 20:36 pm UTC| Technicals
The USD/ CAD has strongly bounced towards 1.3586 levels, after breaking above1.3550 resistance level. The pair has been trading in bullish trend off late as the Canadian dollar is weighted down by falling oil...
FxWirePro: AUD/USD key resistance at 0.7240, sell deals are recommended around 0.7230
Dec 08, 2015 18:18 pm UTC| Technicals
AUD/USD has slipped towards 0.7050 levels after failing to break resistance level located at 0.7244 in the early Asian session today. However, the pair has managed to rebound after testing support level located at 0.7188....
FxWirePro: USD/JPY key support at 122.15, buy deals are recommended around 122.20
Dec 08, 2015 14:42 pm UTC| Technicals
USD/JPY has declined towards 122.72 levels, after failing to break resistance level located at 123.38. Currently the pair is making an attempt to break support level located at 122.70. Further downside is expected to...
GBP/USD breaks major support 1.5000, targets 1.4900
Dec 08, 2015 12:45 pm UTC| Technicals
Cable has broken major support 1.5000 and is currently trading around 1.49960 level. Short term trend is weak as long as resistance 1.5060 holds. Any break above 1.5060 will take the pair to next level...
Dec 08, 2015 12:11 pm UTC| Technicals
Major trend reversal - close above 186.25 (200 day MA) GBP/JPY has made a high of 186.35 and started to decline from that level. Overall trend is weak as long as GBP/JPY stays below 186.25. On the lower side it has...