
Feb 25, 2016 05:58 am UTC| Technicals
Aussie dollar against Kiwi dollar seems losing momentum in recent gains, for now the pair looks like taking a continuation of 1st half of Februarys losing streak upto the bottoms of 1.0570 that is where it has tested...

FxWirePro: GBP/NZD likely to continue grind lower, target 2.0656
Feb 25, 2016 05:44 am UTC| Technicals
GBP/NZD downside taking a breather at 2.087 levels, pair has edged higher on the day to currently trade around 2.09 levels. But downtrend in the pair still intact, momentum studies are bearish, tests of 2.0656...

Feb 25, 2016 05:42 am UTC| Technicals
Pair is currently trading around $1232 levels. It made intraday high at $1236 and low at $1221 levels. Intraday bias remains neutral for the moment. Expected range for today will be $1225- $1242 only. A...

GBP/JPY faces strong resistance at 157.07, break above targets 158/159.20
Feb 25, 2016 05:21 am UTC| Technicals
Major resistance - 157.07 The pair has recovered from the low of 154.71 and jumped till 157.12. Intraday trend is slightly bullish as long as support 155.80 holds. On the higher side any break above 157.07 will...

FxWirePro: USD/JPY breaks resistance at 112.20, good to buy dips
Feb 25, 2016 05:01 am UTC| Technicals
USD/JPY catches fresh bid tone in the last hour, breaks trendline resistance at 112.20. Not so upbeat comments from the BOJs Kiuchi and the rebound seen in the Japanese stocks weighing on the Yen. Kiuchi...

FxWirePro: NZD/USD fails at 0.6667 (strong triple top resistance), good to sell rallies
Feb 25, 2016 04:22 am UTC| Technicals
NZD/USD trades largely rangebound after rejection at 0.6667 which is strong triple top resistance (Nov 4th 2015, Jan 7th and Feb 18th 2016). New Zealand Finance Minister Bill English has given his strongest hint yet...

Aussie falls despite positive CAPEX data
Feb 25, 2016 04:19 am UTC| Technicals
AUD/USD is currently trading around $0.7168 levels. It made intraday high at $0.7201 and low at $0.7156 levels. Australias total private capital expenditure rose 0.8% in the December quarter, the strongest rate...