
GBP/JPY breaks major support 158, decline till 156/154.55 is possible
Apr 05, 2016 06:28 am UTC| Technicals
Major support - 158 Major resistance -159.55 (7 day EMA) The pair has declined after making a high of 159.58. It is currently trading around 157.78. GBP/JPY has broken major support 158 and declined till...

FxWirePro: AUD/CAD extends range trade, capped below strong trendline resistance at 1.0002
Apr 05, 2016 06:19 am UTC| Technicals
AUD/CAD was rejected by strong trendline resistance at 1.0008. The pair is currently trading around 0.9957 levels after hitting session highs at 0.9976. Momentum studies on daily charts are neutral, the pair is...

FxWirePro: Silver fails to sustain above key resistance at $15.12, good to sell on rallies
Apr 05, 2016 05:41 am UTC| Technicals
XAG/USD is currently trading around $15.06 levels. It made intraday high at $15.10 and low at $14.87 levels. Intraday bias remains bearish for the moment. A daily close below $15.08 will tests key supports...

NZD/CAD breaks major support 0.8920, decline till 0.8750 is possible
Apr 05, 2016 05:22 am UTC| Technicals
Major resistance 0.9020 Major support -0.8920 (resistance turned into support) The pair has broken major support 0.8920 and declined till 0.8874.It is currently trading around 0.88959. Short term trend is...

FxWirePro: NZD/JPY sees strong support at 75.25, further weakness only on breaks below
Apr 05, 2016 05:07 am UTC| Technicals
NZD/JPY is extending retrace from recent multi-week highs of 78.21 (Mar 31st). Daily price action has dipped below the cloud and major moving averages are biased lower. Momentum studies supported by Stochs, RSI...

FxWirePro: Indian rupee hovers around 3 –month high ahead of RBI interest rate decision
Apr 05, 2016 04:42 am UTC| Technicals
USD/INR is currently trading at 66.10 marks. It made intraday high at 66.26 and low at 66.0850 levels. Intraday bias remains bearish for the moment. A daily close below 66.17 will drag the parity down...

FxWirePro: USD/JPY slips below 111 handle to hit fresh 3-week lows at 110.78
Apr 05, 2016 04:27 am UTC| Technicals
USD/JPY broke below the 111 handle and hit fresh 3-week lows at 110.78 before paring some losses to currently trade at 110.96 levels. Upbeat Japan Labour cash earnings data along with renewed risk-off supporting the...