
Japanese Yen gains in early Asian hours after Kuroda’s comments
Mar 04, 2016 03:57 am UTC| Technicals
Pair is currently trading at 113.62 levels. It made intraday high at 113.75 and low at 113.24 levels. TodayBank of Japan Governor Haruhiko Kuroda told Japans parliament that the Central bank was not currently...
FxWirePro: Nikkei225 faces strong resistance at 17035, good to buy at dips
Mar 04, 2016 03:34 am UTC| Technicals
Major resistance - 17035 (55 day EMA) Major support -16500 ( 7 day EMA) The index has made a high of 16984 and slightly declined from that level. It is currently trading around 16951. The major resistance is...

FxWirePro: USOIL faces strong resistance at $35.30, good to buy at dips
Mar 04, 2016 02:21 am UTC| Technicals
Major resistance - $35.30 USOIL has slightly retreated till $34.17 after making a high of $35.29. It is currently trading around $34.66. Short term trend is bullish as long as support $34 holds. Any break below...
FxWirePro: USD/JPY finds support at 113.40, eyes 114.50 levels
Mar 03, 2016 17:56 pm UTC| Technicals
The USD/JPY pair rallied initially to test resistance level at 114.21 in the early European session. However, after failing to break resistance level at 21, the pair has slipped back towards 112.55 levels. The pair...
Mar 03, 2016 17:38 pm UTC| Technicals
The yellow surged higher on Thursday as dollar eased and equity market retreated, increasing demand for yellow metal as alternative asset. Gold is likely to advance further as the demand for the yellow metal is set to...

FxWirePro: GBP/USD key support at 1.4294, upside prevails in the short term
Mar 03, 2016 15:30 pm UTC| Technicals
GBP/USD inched higher against US dollar by hitting daily highs at 1.4148 during early American hours, before making a short dip after the release of positive ISM non-manufacturing PMI. The pair has held above 1.4100...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Mar 03, 2016 15:00 pm UTC| Technicals
The EUR/USD pair inched higher towards as 1.0914 levels in the early the US session as the pair attracted buyers after bunch of US economic data printed negative figures. The pair continues to remain in bearish tone,...