
FxWirePro: EUR/JPY extends decline after rejection a falling trendline resistance
Mar 18, 2016 07:07 am UTC| Technicals
EUR/JPY is extending decline on the day after seeing rejection at strong trendline resistance on Thursdays trade. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see...
FxWirePro: EUR/USD faces strong resistance around 1.1350, good to sell on rallies
Mar 18, 2016 06:59 am UTC| Technicals
Major resistance 1.13500 (trend line joining 1.1495 and 1.1376) The pair has made a high of 1.13424 and slightly decline from that level. It is currently trading around 1.13014. Intraday trend is slightly weak...

Mar 18, 2016 06:52 am UTC| Technicals
NZD/JPY upside stalls at strong trendline resistance, pair struggling to extend gains above. Disappointing wage negotiation results and recent weakness in Japanese economic data point to a high possibility of...
CAD/JPY struggles to break above 86.50, break above targets 87.50/89
Mar 18, 2016 06:32 am UTC| Technicals
Major resistance 86.50 (trend line joining 85.76 and 86.13) Major support 85 The pair has recovered after making a low of 84.98. It is currently trading around 85.78. The pair is facing strong resistance...

Mar 18, 2016 06:02 am UTC| Technicals
The pair rallied from 74.623 to 76.458, thats where it has struggled to hold onto the minor resistance. Bears have again been active to push back southwards at that level. It has broken supports at 75.922 levels on...
Gold remains well supported above $1260, good to buy on dips
Mar 18, 2016 05:59 am UTC| Technicals
XAU/USD is currently trading around $1263. It made intraday high at $1266 and low at $1256 levels. Intraday bias remains slightly bullish till the time pair holds key support at $1248 marks. Alternatively,...
Mar 18, 2016 05:54 am UTC| Technicals
AUD/USD rejected at channel top resistance, drop to 0.7587 likely. Significant gains in commodities and a broadly weak Greenback supported upside in AUD/USD. The pair largely ignored weak Jobs data and has hit...