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USD/MYR fails to sustain above 4.0370 mark, good to sell on rallies

Mar 28, 2016 05:56 am UTC| Technicals

Pair is currently trading around 4.0223. It made intraday high at 4.0370 and low at 4.0233 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.0370. A sustained break above key...

FxWirePro: EUR/JPY edges lower from session highs at 126.86, momentum higher, good to buy dips

Mar 28, 2016 05:18 am UTC| Technicals

EUR/JPY broke above major trendline resistance at 126.35, daily technicals indicate further gains. The pair hit highs of 126.86 (fresh 11-day highs) and has since pared some gains to currently trade around 126.72...

FxWirePro: USD/JPY breaks strong resistance at 113.20, targets 114.20

Mar 28, 2016 04:26 am UTC| Technicals

Bullish tone in USD/JPY pushes the pair higher to break strong resistance at 113.20. Rising prospects of a Fed rate hike next month particularly after upbeat US Q4 GDP revision keep the US dollar supported, USD/JPY...

Indian rupee opens lower at 66.86, intraday bias remains bearish

Mar 28, 2016 04:12 am UTC| Technicals

USD/INR is currently trading at 66.78 marks. It made intraday high at 66.86 and low at 66.7650 levels. Intraday bias remains bearish till the time pair holds key resistance at 66.92 levels. A daily close...

FxWirePro: NZD/USD edges lower from session highs at 0.6693, momentum bearish

Mar 28, 2016 03:53 am UTC| Technicals

NZD/USD has been rejected at session highs by 0.6693 and has edged lower to currently trade around 0.6680 levels. The Kiwi has been softer of late due to speculation that the RBNZ could cut again as soon as Aprils...

AUS200 faces strong resistance at 5130, good to sell on rallies

Mar 28, 2016 03:29 am UTC| Technicals

Major support - 5075 ASX200 has slightly recovered after making a low of 5066. It is currently trading at 5078. Short term trend is slightly weak as long as resistance 5130 holds. Any break above 5130 will...

FxWirePro:Nikkei225 faces strong resistance around 17300, good to buy at dips

Mar 28, 2016 03:02 am UTC| Technicals

Major resistance - 17300 The index has recovered after making a low of 16711.It is currently trading around 17111.Short term trend is bullish as long as support 16500 holds. Nikkei is struggling to beak above...

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