
FxWirePro: AUD/USD takes cloud top support at 0.7106, weakness only on breaks below
Feb 29, 2016 05:15 am UTC| Technicals
Aussie largely ignores persisting risk-averse market conditions and stages a minor-recovery ahead of the European session. Weak Australian economy data also failed to dent the sentiment around the Aussie, data showed...

FxWirePro: Option straddle to serve best for USD/INR risks ahead of union budget day
Feb 29, 2016 05:08 am UTC| Technicals
Its a big day for INR today, after consistent loses against dollar,Mondaymorning has nothing positive to offer given the subdued global sentiment. Yes, all eyes will be on the Union Budget which Finance Minister Arun...

Japanese Yen fails to sustain above 114, likely to consolidate below 114.87 levels
Feb 29, 2016 04:58 am UTC| Technicals
Pair is currently trading at 113.26 levels. It made intraday high at 113.98 and low at 113.23 levels. Intraday bias remains bearish for the moment. A daily close above 114.87 is required to turn the bias...

FxWirePro: Huge gap down open in NZD/USD, downside vulnerable
Feb 29, 2016 04:39 am UTC| Technicals
NZD/USD saw a huge bearish gap down open (almost 40-pips) in Asian trade today, sharp decline in the Chinese stocks weighed on the sentiment. The pair faded minor-recovery attempts, currently trading in the red with...

ASX200 faces strong resistance around 4930, break above targets 5035
Feb 29, 2016 04:08 am UTC| Technicals
Major resistance -4930 Major support -4860 ASX200 has made a high of 4927 at the time of writing and declined from that level. It is currently trading around 4900. Short term trend is still weak as long as...

Feb 29, 2016 03:56 am UTC| Technicals
Pair is currently trading at $1223 levels. It made intraday high at $1226 levels and low at $1215 levels. Intraday bias remains neutral till the time pair holds key resistance at $1228 levels. A daily close...
FxWirePro: Nikkei faces strong resistance at 16575, good to buy at dips
Feb 29, 2016 03:15 am UTC| Technicals
Minor resistance - 16400 Major resistance - 16575 (200 day 4 HMA) Major support -15600 The index has broken major resistance 16350 and jumped till 16525. It is currently trading around 16348. It is...