
Jun 22, 2016 06:24 am UTC| Technicals
The current price sentiments are in bulls favour as the price bounces are moving in rising channel. At the moment, the pair takes support at channel base at 0.7137 levels to drag the day uptrend. The current prices...

CAD/JPY faces strong resistance at 82.05, break above targets 83.45/84.50
Jun 22, 2016 06:16 am UTC| Technicals
Candlestick pattern: Shooting star (4 Hours Chart) Major resistance -82.05 (55 4H EMA) CAD/JPY has jumped till 82.05 and started to decline from that level. It is currently trading around 81.64. The decline...

FxWirePro: USD/CNY holds tight range, PBOC sets Yuan mid-point at 6.5935 per dollar
Jun 22, 2016 05:59 am UTC| Technicals
USD/CNY is currently trading around 6.5840 marks. It made intraday high at 6.59 and low at 6.5830 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5924 levels. Pair trades...

FxWirePro: EUR/CAD finds major support at 1.4393, good to go short on break below
Jun 22, 2016 05:46 am UTC| Technicals
Bid tone around CAD strengthened in Asia as oil recovers losses at both the sides of the Atlantic. ECB Chief Draghi was speaking at the European Parliament, and his noting of subdued inflation dynamics and willingness...

GBP/JPY faces strong support at 153, break below targets 151.60/150
Jun 22, 2016 05:31 am UTC| Technicals
Major Resistance- 154.47 (7 W EMA) Major support 153 (4H Tenkan-Sen) The pair has made a high of 154.38 yesterday and started to decline from that level. It is currently trading around 153.55. GBP has been...

FxWirePro: NZD/USD retreats from new yearly high at 0.7169, bias higher
Jun 22, 2016 05:05 am UTC| Technicals
NZD/USD unable to sustain at fresh yearly high at 0.7169 on Tuesday, slips lower, currently trading around 0.7145. Intraday bias for the pair remains higher, momentum studies are bullish. Stochastics are at...

FxWirePro: Silver fails to break major resistance at $17.11 mark, bias remains neutral below $17.28
Jun 22, 2016 05:03 am UTC| Technicals
XAG/USD is currently trading around $17.24 marks. It made intraday high at $17.28 and low at $17.20 levels. Intraday bias remains neutral till the time pair holds initial resistance at $17.28 marks. A...