
GBP/JPY faces strong support around 159.50, break below targets 158/156.50
Mar 16, 2016 07:34 am UTC| Technicals
Major support 159.50 Major intraday resistance 160.50 (7 day 4 H EMA) The pair has slightly recovered till 160.45 after making a low of 159.54. It is currently trading around 159.94. Any break below 159.50...

CAD/JPY takes support near trend line, jump till 86.25 is possible
Mar 16, 2016 07:27 am UTC| Technicals
Major support -84.16 (trend line joining 82.77 and 83.67) Major resistance 85 The pair has taken support around trend line and recovered from that level. It is trading around 84.86. Short term trend is...

Mar 16, 2016 07:15 am UTC| Technicals
The APAC currencies (Australian and New Zealand dollar) moved lower against their U.S. counterpart on yesterday, after the Reserve Bank of Australia indicated the likelihood for additional rate cuts as businesses seem edgy...

USD/INR hovers around key resistance at 67.37, intraday bias remains neutral
Mar 16, 2016 06:55 am UTC| Technicals
Pair is currently trading at 67.40 levels. It made intraday high at 67.44 and low at 67.33 levels. Intraday bias remains neutral for the moment. A daily close above 67.37 is required for the some more upside...
FxWirePro: AUD/CAD extends range trade below strong trendline resistance
Mar 16, 2016 06:46 am UTC| Technicals
AUD/CAD was rejected by strong trendline resistance at 1.0035 on Monday and is extending downside to currently trade at 0.9967. The pair has been rejected multiple times at strong trendline resistance and any...
FxWirePro: EUR/JPY struggles to extend gains above 126 handle
Mar 16, 2016 06:13 am UTC| Technicals
EUR/JPY is seeing a small recovery after 2 consecutive sessions of losses, but upside in the pair capped at 126 handle. The pair is struggling to extend gains beyond the 126 handle and has currently slipped from...

GBP/USD faces strong support at 1.4100, break below targets 1.4000/1.3915
Mar 16, 2016 05:54 am UTC| Technicals
Major support 1.4100 Minor resistance 1.4160 Major resistance -1.4210 GBP/USD has slightly recovered after making a low of 1.4123 at the time of writing. It is currently trading around...