
Mar 10, 2016 06:24 am UTC| Technicals
Candle Stick pattern- Shooting Star Major resistance - 0.7550 (trend line joining 0.74615 and 0.75163) Major support - 0.74350 (trend line joining 0.71350 and 0.73922) Canadian dollar gained against all...

Chinese Yuan ignores positive inflation data, trading above 6.51
Mar 10, 2016 06:21 am UTC| Technicals
USD/CNY is currently trading around 6.5146. It made intraday high at 6.5156 and low and 6.5127 levels. Intraday bias remains neutral for the moment. Today Chinas inflation figure also surprised the market...

Mar 10, 2016 06:16 am UTC| Technicals
From last two weeks, Aussie dollar against Kiwi dollar has been gaining vigorously (about 5.64% while articulating) as both technical and fundamental indicators are still signalling buying sentiments. But if you compare...

FxWirePro: AUD/CAD fails to hold gains above 0.9990, retreats to hit session lows at 0.9889
Mar 10, 2016 06:14 am UTC| Technicals
0.9990 is strong double top (17th Dec and Jan 28th) resistance and AUD/JPY fails to hold gains above. The pair closed Wednesdays trade at 0.9911, and in the Asian session today hit session lows at 0.9889. The Bank of...

GBP/JPY breaks major trend line resistance, targets 164
Mar 10, 2016 05:40 am UTC| Technicals
Major Resistance - 161.40 (trend line joining 162.43 and 162.22) Major Support - 160.70 The pair has broken major resistance 161.40 and jumped till 161.57. It is currently trading around 161.45. Short term...

Mar 10, 2016 05:40 am UTC| Technicals
AUD/NZD surpasses recent bullish focal points, from 26th Feb Aussie dollar against Kiwi dollar has been recovering its price losses, bulls started pushing hard vigorously from the lows of 1.0670 to the current 1.1273...

FxWirePro: GBP/NZD breaks consolidation phase, good to buy dips, target 2.17 levels
Mar 10, 2016 05:38 am UTC| Technicals
GBP/NZD has broken out of its consolidation phase and is extending upside after breaking resistance at 2.1252 (Mar 2nd highs). Momentum indicators are biased higher and the MACD has also given confirmation with a...