
FxWirePro: ASX200 struggles to close above 5300, good to sell on rallies
May 09, 2016 02:51 am UTC| Technicals
Major resistance - 5375 Major Support - 5200 ASX200 pares early gains today morning after making a high of 5321.It is currently trading at 5270. Short term trend is slightly bearish as long as resistance...

FxWirePro: Japanese Yen gains in early Asia on robust cash earnings data
May 09, 2016 02:36 am UTC| Technicals
USD/JPY is currently trading around 107.31 marks. It made intraday high at 107.62 and low at 107.03 levels. Japans average cash earnings rose 1.4% year-on-year in March, coming in stronger than the median analyst...

FxWirePro:Nikkei225 faces strong support at 15800, good to buy at dips
May 09, 2016 02:27 am UTC| Technicals
Major intraday resistance - 16300 (55 day 4H EMA) Major support - 15800 (May 4th 2016) Nikkei index slightly recovered after making a low of of 15835.It is currently trading around 16167. Short term trend is...
FxWirePro:EUR/USD strongly bearish despite upside attempts
May 06, 2016 18:41 pm UTC| Technicals
The EUR/USD pair declined towards lower levels in the US session, as the pair found selling interest around 1.1444 levels after the release of mixed US employment data. Any upside is expected to be limited as the...
FxWirePro: AUD/USD bounces off lows, but more downside expected
May 06, 2016 15:25 pm UTC| Technicals
AUD/USD declined to trade in lower range on Friday after mixed US employment data strengthened the green back against its Australian peer. Earlier in the Asian session the Aussie was hammered down after Reserve Bank...

FxWirePro: NZD/CAD faces resistance at 200 day MA, good to sell on rallies
May 06, 2016 10:41 am UTC| Technicals
Major Resistance - 0.8865 (200 day MA) NZD/CAD has declined after making a high of 0.8865. It is currently trading at 0.8785. Short term trend is still weak as long as resistance 0.8865 holds. Any indicative...

May 06, 2016 10:40 am UTC| Technicals
See more bearish potential on break below 1.0705 levels. After rejecting resistance from 1.1243 levels, the pair has broken major supports at 1.1050 and 1.0957 levels with ease. As a result, the prices have slid...