
FxWirePro: AUD/JPY sees major resistance at 83.60, buy breakout above, target 85
Mar 03, 2016 05:22 am UTC| Technicals
AUD/JPY has broken above strong trendline resistance at 81.90 and is on track for test of major resistance at 83.60 levels. A breakout above will target 85 levels and further bullishness could take it to 86. Immediate...

ASX200 breaks major resistance 5075, targets 5200
Mar 03, 2016 05:15 am UTC| Technicals
Major resistance - 5075 Major support - 5020 (resistance turned into support) ASX200 breaks major resistance 5075 and jumped till 5079 at the time of writing. It is currently trading around 5076. On the higher side any...

FxWirePro: NZD/JPY breaks major resistance at 76, good to buy dips
Mar 03, 2016 04:36 am UTC| Technicals
NZD/JPY has been trading in a multi-week range of 76.84-73.54, the pair has broken strong trendline resistance at 0.76. We see scope for gains upto 76.80, daily Stochs and RSI are biased higher. Immediate resistance is...

FxWirePro: EUR/AUD breaks below 1.49 handle, hits fresh 2016 lows at 1.4843
Mar 03, 2016 04:16 am UTC| Technicals
EUR/AUD extends downside, breaks below 1.49 handle to hit fresh 2016 lows at 1.4843. Upbeat Australian trade balance data and risk-on rally in Asian markets buoy the Aussie. Momentum studies are bearish, RSI and Stochs...

USD/CNY remains well supported below key resistance at 6.5525
Mar 03, 2016 04:06 am UTC| Technicals
Pair is currently trading around 6.5508 levels. It made intraday high at 6.5508 and low at 6.5459 levels. Today Chinas Caixin Services Purchasing Managers Index (PMI) fell from a six-month high of 52.4 in January to...

FxWirePro: AUD/USD unperturbed by weak China PMI, hits new 2016 highs
Mar 03, 2016 03:56 am UTC| Technicals
AUD/USD spiked above the 0.73 handle, reversing losses, extending the rally into the third day. Upbeat domestic trade data along rising Asian equities offered support to the major. Data released earlier showed that...

Nikkei faces strong resistance at 17000, good to buy at dips
Mar 03, 2016 02:45 am UTC| Technicals
Major resistance - 17000 Major support -16200 The index has broken major resistance 16525 and jumped till 16949 at the time of writing. It is currently trading around 16884. The major resistance is around...