
FxWirePro: NZD/USD breaks major resistance, hits 7-week highs, good to buy dips
Feb 26, 2016 05:14 am UTC| Technicals
Kiwi bulls bolstered by surprisingly positive NZ trade data, take NZD/USD to 7-week highs at 0.6775. The pair has broken all major resistances - at 0.6667 (triple top ), 0.67 and 0.6730 (trendline...

Gold likely to stay range bound ahead of US GDP data
Feb 26, 2016 04:57 am UTC| Technicals
Pair is currently trading at $1236 levels. It made intraday high at $1239 and low at $1231 levels. Intraday bias remains bullish till the time pair holds key support levels at $1221 marks. On the top side...

Nikkei225 breaks major resistance at 165350, targets 17180
Feb 26, 2016 03:38 am UTC| Technicals
Major resistance - 16400 Major support -15600 The index has broken major resistance 16350 and jumped till 16458 at the time of writing . It is currently trading around 16348. Any break above 16350 confirms...

US Oil breaks major resistance at $32.75, targets $34.80
Feb 26, 2016 02:49 am UTC| Technicals
Major resistance - $32.75 (trend line joining $33.81 and $33.49) Major support - $31.50 (trend line joining $26.03 and $29.05) US Oil has broken major resistance $32.75 and jumped till $33.46. It is currently...

FxWirePro: AUD/USD key support at 0.7150, bullish in the short term
Feb 25, 2016 19:35 pm UTC| Technicals
AUD/USD inched higher in the late US session to trade around 0.7230 levels as late rebound in oil prices supported Aussie bulls. The pair remains in bullish territory unless until it trades above 0.7100...

FxWirePro: USD/CHF reverses recent rally, but bias is still bullish
Feb 25, 2016 16:27 pm UTC| Technicals
USD/CHF pair edged lower on Thursday, as the demand for safe heaven assets increased as recent rebound in oil prices faded in the US session. However downside is set to be limited as pair finds strong support at...

FxWirePro: GBP/USD holds above 1.3900 levels but upside is limited
Feb 25, 2016 16:02 pm UTC| Technicals
GBP/USD traded around 7 ½ years low on Thursday, on continued worries Britain may exit Eurozone. The pair hit low at 1.3902 in the early US session before recovering towards 1.3940 levels. Currently the pair is...