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NZD/CAD faces strong resistance around 0.8920, break above targets 0.9000

Mar 29, 2016 05:40 am UTC| Technicals

Major resistance 0.8920 The pair has recovered after making a low of 0.88537. it is currently trading around 0.89025. NZD/CAD major resistance is around 0.8920 and any indicative break above will take the pair...

FxWirePro: EUR/AUD bounces off trendline support, good to buy dips

Mar 29, 2016 05:38 am UTC| Technicals

EUR/AUD has bounced off trendline support around 1.4785 and is currently trading at 1.4821 levels. Stochs have rolled over from oversold region and RSI is biased north. The pair finds resistance at 1.4837...

FxWirePro: AUD/NZD falls below 1.12 mark, good to buy on dips

Mar 29, 2016 05:11 am UTC| Technicals

AUD/NZD is trading around 1.1193 marks. Pair made intraday high at 1.1221 and low at 1.1291 marks. Intraday bias remains bearish till the time pair holds initial resistance at 1.1252 levels. A daily close...

FxWirePro: EUR/GBP holds minor support at 0.7857, weakness only on breaks below

Mar 29, 2016 05:11 am UTC| Technicals

EUR/GBP holds above hourly 10 DMA support at 0.7857, weakness seen only on breaks below. The pair is currently trading around 0.7862, technicals on hourly charts indicate further gains. Support and resistances...

FxWirePro: USD/JPY rangebound, markets cautious ahead of Yellen's speech

Mar 29, 2016 04:11 am UTC| Technicals

USD/JPY has been consistently making new daily highs, bouncing off from 110.67 lows. But a mixed outlook in respect to the US economy on the back of mixed PCE result and hawkish comments from the various Fed members...

FxWirePro: Indian rupee opens almost flat at 66.56, intraday bias remains neutral

Mar 29, 2016 04:03 am UTC| Technicals

USD/INR is currently trading at 66.56 marks. It made intraday high at 66.57 and low at 66.50 levels. Intraday bias remains neutral for the moment. A daily close below 66.51 will drag the parity down towards...

ASX200 breaks major support 5015, targets 4925

Mar 29, 2016 03:17 am UTC| Technicals

Major support - 5015 (200 day 4H MA) ASX200 has broken major support 5015 and declined till 5014 at the time of writing. It is currently trading at 5016. Short term trend is slightly weak as long as resistance...

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