FxWirePro: USD/JPY stronger after US CPI data, critical resistance at lies ahead
Mar 16, 2016 16:18 pm UTC| Technicals
USD/JPY pair has inched higher in US session towards 113.65 levels as the pair was supported by healthy US Inflation which increased more than expected in February Currently the pair is approaching to test resistance...
FxWirePro: GBPUSD holds above 1.4050 levels but upside is limited
Mar 16, 2016 15:58 pm UTC| Technicals
GBP/USD slipped towards lower levels in the early European session as the pair was broadly sold across the board. However, after finding support at 1.4050 levels, the pair has rebounded to trade around 1.4090...
FxWirePro: USD/CHF key support at 0.9830, bullish in the short term
Mar 16, 2016 15:05 pm UTC| Technicals
The USD/CHF has bounced towards 0.9910 levels, after failing to break below 0.9850 support level. The pair has been trading in bullish trend off late and it is set to continue advancing further, as long as the pair trades...
Mar 16, 2016 14:43 pm UTC| Technicals
TWD:Taiwanese economic growth may be upset by slow global trade growth. The government seeks to bolster investment to support the economy. A new round of electricity price cut may place downward pressure on the headline...
FxWirePro: EUR/USD pauses decline, downside risk remains intact
Mar 16, 2016 14:39 pm UTC| Technicals
EUR declined against US dollar on Wednesday after data showed US inflation increased more than expected. The pair extended its decline from 1.1097 to hit low at 1.1054 in the early US session. Further upside is...

FxWirewPro: CHF/JPY faces strong resistance around 116, good to sell on rallies
Mar 16, 2016 11:56 am UTC| Technicals
Major support - 114 (20 day MA) The pair has recovered after making a low of 114.20 It is currently trading around 114.75. Short term trend is weak as long as resistance 116 holds. Any break below 114 will...

Mar 16, 2016 10:21 am UTC| Technicals
Major Resistance 1.3402 Major support 1.3310 (200 day MA) The pair has started to retreat once again after making a high of 1.3853 at the time of writing. It is currently trading around 1.33545. Any break...