
GBP/JPY breaks minor resistance 158.60, jump till 159.60/160.45 is possible
Apr 04, 2016 08:23 am UTC| Technicals
Minor resistance 158.60 (trend line joining 159.56 and 158.83) Major support -158 The pair has recovered after making a low of 158.16 at the time of writing. It is currently trading around 158.83. Intraday...

FxWirePro: Russian rouble erases previous gain against US dollar, intraday bias remains bullish
Apr 04, 2016 08:06 am UTC| Technicals
USD/RUB is currently trading around 68.80 levels. It made intraday high at 68.91 and low at 67.28 levels. Intraday bias remains bullish till the time pair holds key support at 66.73 levels. Alternatively,...

FxWirePro: NZD/JPY holds minor 10-DMA support at 76.45, Techs point south, scope for 75.50
Apr 04, 2016 06:57 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-upside-stalls-at-strong-cloud-top-resistance-good-to-sell-rallies-target-7690-187912) has hit all targets. The pair sees minor support at 76.45 (10-DMA),...

FxWirePro: EUR/USD faces strong resistance around 1.14375, good to sell on rallies
Apr 04, 2016 06:56 am UTC| Technicals
Major resistance -1.14380 The pair has made a high of 1.14376 and retreated from that level after better than expected US Non Farm Payroll data. It is currently trading around 1.13862. Short term trend is...

FxWirePro: AUD/CAD rejected at 1.0008 (strong trendline resistance), good to sell rallies
Apr 04, 2016 06:25 am UTC| Technicals
AUD/CAD was rejected by strong trendline resistance at 1.0008. The pair is currently trading around 0.9965 levels after hitting session lows at 0.9950. Momentum studies on daily charts are neutral, however 4-hourlies...

FxWirePro: Gold forms bullish Bat pattern, good to buy at dips
Apr 04, 2016 06:03 am UTC| Technicals
Harmonic Pattern Formed - Bullish Bat Pattern Potential Reversal Zone (PRZ)- $1200 The yellow metal has slightly recovered after making a low of $1208. It is currently trading around $1217.90 Short term...

FxWirePro: NZD/CAD consolidates in narrow range, good to sell on rallies
Apr 04, 2016 05:43 am UTC| Technicals
Major resistance 0.9060 Major support -0.8920 (resistance turned into support) The pair is consolidating between narrow range 0.9020-08927 for the past two trading session.It is currently trading around...