
FxWirePro: USD/CHF consolidates around 0.9888 levels, outlook strongly bullish
Mar 02, 2016 15:00 pm UTC| Technicals
The USD/CHF pair traded around the 0.9969 levels for most of the European session, as the bunch of economic data released from Eurozone failed to bring any movement for the pair. However after ADP Employment data in the US...

FxWirePro: Capitalize on higher NZD/JPY IVS and rallies to deploy shorts in put ladder for hedging
Mar 02, 2016 14:20 pm UTC| Technicals
Although weve been observing some bounces, long term bearish trend seems intact we could see with a dubious eyes on Kiwi fundamentals which are not so conducive and while short term upswings in abrupt should not be scary...

Mar 02, 2016 11:52 am UTC| Technicals
Major resistance - 158.80 (trend line joining 175.05 and 173.73) Major support - 158 (55 day H EMA) GBP/JPY has broken major resistance 158.80 and jumped till 159.50. It is currently trading around 159.10. Intraday...

South Africa's rand weakens more than 1 pct against dollar, buy on dips
Mar 02, 2016 10:44 am UTC| Technicals
Pair is currently trading at 15.7113 levels. It made intraday high at 15.7420 and low at 15.5381 levels. Intraday bias remains bullish for the moment. Key support level falls at 15.5221. A break below will take the...

Cable breaks major support at 1.3940, targets 1.3835/1.3780
Mar 02, 2016 10:21 am UTC| Technicals
Major resistance -1.4020 Minor resistance - 1.3980 Cable has broken major support 1.3940 and declined till 1.39140 at the time of writing. It is currently trading around 1.39278. On the lower side any break below 1.3940...

Indian rupee back below 68.00, intraday bias remains neutral
Mar 02, 2016 09:41 am UTC| Technicals
USD/INR is currently trading at 67.6050 levels. It made intraday high at 67.76 and low at 67.59 levels. Intraday bias remains neutral till the time pair holds key support level at 67.50. A daily close below...

EUR/NOK hovers around 9.40 mark, likely to buy on dips
Mar 02, 2016 09:13 am UTC| Technicals
Pair is currently trading at 9.4000 levels. It made intraday high at 9.4355 and low at 9.3786 levels. Intraday bias remains bullish till the time pair holds key support level at 9.3786. A daily close below...