
Gold fails to break key resistance at $1248, buy on dips
Mar 01, 2016 05:04 am UTC| Technicals
XAU/USD is currently trading around $1245 levels. It made intraday high at $1248 and low at $1236 levels. Intraday bias remains bullish till the time pair holds key support level at $1215 levels. A daily...

FxWirePro: AUD/JPY bounces of trendline support, good to buy dips
Mar 01, 2016 04:21 am UTC| Technicals
AUD/JPY has been trading within a channel on the hourly charts. Our previous call on the pair (http://www.econotimes.com/FxWirePro-AUD-JPY-struggles-to-takeout-8200-resistance-sell-rallies-target-8046-168453) has hit...
Mar 01, 2016 04:14 am UTC| Technicals
Our previous call on the pair (http://www.econotimes.com/FxWirePro-AUD-JPY-struggles-to-takeout-8200-resistance-sell-rallies-target-8046-168453) has hit all targets. We advise booking full profits and exiting the...

AUD/NZD back above 1.08 after RBA kept interest rate on hold
Mar 01, 2016 04:07 am UTC| Technicals
Pair is currently trading at 1.0808 levels. It made intraday high at 1.0837 and low at 1.0759 levels. From the data front from Australia, RBA keeps interest rate at record low 2.0%. The current account...
Mar 01, 2016 03:53 am UTC| Technicals
Our call for EUR/JPY (http://www.econotimes.com/FxWirePro-EUR-JPY-recovery-capped-at-125-levels-pair-slips-below-5-DMA-good-to-short-rallies-169223) has hit all targets. We advise booking full profits and exit...

FxWirePro: USD/JPY pressured lower on persisting risk-off, good to sell rallies, target 111.65
Mar 01, 2016 03:44 am UTC| Technicals
The Japanese Yen remain in demand on the back of the extension of risk-off trades, USD/JPY under heavy selling pressure as we head towards mid-Asia. Markets largely ignore recent series of weak Japanese data as the...

Nikkei faces strong support at 15500, good to buy at dips
Mar 01, 2016 03:05 am UTC| Technicals
Major resistance - 16575 (200 day 4 HMA) Major support -15500 The index has retreated after making a high of 16525. It is currently trading around 15896. It is facing major resistance around 16575 and any break above...