
FxWirePro: Aussie gains against major peers after employment data
May 19, 2016 02:35 am UTC| Technicals
AUD/NZD is trading around 1.0706 marks. Pair made intraday high at 1.0732 and low at 1.0679 marks. A net 10,800 jobs were added to the economy last month, missing analysts forecast of a 12,100 net increase and...

FxWirePro: Japanese Yen gains in early Asia on robust core machinery orders in March
May 19, 2016 01:33 am UTC| Technicals Economy
USD/JPY is currently trading around 110.12 marks. It made intraday high at 110.23 and low at 110.06 levels. Today Japan released core machinery orders data with positive numbers to 5.5% m/m vs -9.2% m/m previous...

FxWirePro: NZD/JPY stiff resistance at 74.50, breaks above could see further upside
May 18, 2016 12:42 pm UTC| Technicals
NZD/JPY stiff resistance at 74.50, further gains only on break above. RBNZ Q2 2-year inflation expectations gauge weighed negatively on the sentiment around the NZD. Momentum studies are neutral, but Stoch and...

FxWirePro: EUR/AUD major resistance at 1.56, further upside only on breaks above
May 18, 2016 12:21 pm UTC| Technicals
EUR/AUD saw sharp downside as Aussie buoyed post RBA minutes yesterday which saw markets push out rate cut bets. The pair has recovered the steep slump post RBA minutes, up from hit session lows at 1.5366 to currently...

May 18, 2016 12:17 pm UTC| Technicals
Major support -156.80 (10 day MA) Major resistance -159.05 (55 day EMA) GBP/JPY has recovered after making a low of 157.54. It is currently trading around 159.23. Minor weakness can be seen only below...

May 18, 2016 11:42 am UTC| Technicals
At spot FX flashes of EURUSD at 1.4525 please be informed that the delta risk reversal for contracts of 1W and 1M expiries have shown reducing bearish sentiments, but in long term (3M-1Y) put contracts are still on higher...

FxWirePro: WTI crude halts at 7 months highs – sustenance above brings in new bullish environment
May 18, 2016 09:53 am UTC| Technicals
Weve been seeing WTI crude oil prices showing up considerable intensity in buying interests especially after the formation of dragonfly doji on monthly charts. We see bulls gaining momentum in rising channel...