
FxWirePro: EUR/USD trades higher on dovish FOMC Minutes, good to buy at dips
Apr 07, 2016 05:58 am UTC| Technicals
Major resistance 1.14380 Major support - 1.1320 (55 day 4H EMA) The pair has recovered from the low of 1.13266 after dovish FOMC minutes .EUR/USD jumped till 1.14319 and closed near to 1.1400 level. US Mar...
Apr 07, 2016 05:31 am UTC| Technicals
Today, both ECB and Fed chairpersons are scheduled to speak on their respective economies and monetary policies to suit their economic conditions. Volatility is often experienced during her speeches as traders attempt...

FxWirePro: USD/JPY under extreme selling pressure, test of 107.50 likely
Apr 07, 2016 05:29 am UTC| Technicals
USD/JPY under extreme selling pressure, extending downside as we write. The pair has hit fresh 1 1/2 yearlows of 108.84, test of 107.50 likely. BOJ governor Kuroda crossed the wires today, saying that they are...

FxWirePro:NZD/CAD faces strong support around 0.8850, good to sell on rallies
Apr 07, 2016 05:14 am UTC| Technicals
Major resistance 0.9020 Major support -0.8850 The pair has retreated after making a high of 0.89605. It is currently trading around 0.89191. Intraday trend is weak as long as resistance 0.8970...

Apr 07, 2016 05:02 am UTC| Technicals
Theeuro continue to drag yesterdays bullish momentum with minor gains as the pair trades at the 1.1403. For now, more bullish potential in short run is expected after bouncing above 1.1260 (i.e. 21DMA also 23.6% Fibo...

FxWirePro: EUR/JPY downside pauses at 61.8% Fib, momentum still with the bears
Apr 07, 2016 04:23 am UTC| Technicals
EUR/JPY is retreating from last weeks tops just above 128.00, and downside for now is taking a breather at 61.8% Fib at 124.41. After breaching strong trendline support at 125.26, the pair saw downside test 124.37...

ASX200 breaks major trend line resistance, jump till 5020 is possible
Apr 07, 2016 03:59 am UTC| Technicals
Major resistance - 4965 (Trend line joining 5101 and 5045) Major support 4850 ASX200 has broken major resistance around 4965 and jumped till 4986 at the time of writing. It is currently trading at...