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CHF/JPY struggles to break above 116, decline till 113.50 is possible

Mar 14, 2016 11:13 am UTC| Technicals

Major support - 115.25 ( trend line joining 111.88 and 113.18) The pair has retreated after making a high of 115.92. It is currently trading around 115.04. The pair has broken major support 115.25 and declined...

FxWirePro: CAD/JPY faces strong resistance around 86.25, good to sell on rallies

Mar 14, 2016 09:21 am UTC| Technicals

Major resistance 86.25 (trend line joining 85.76 and 86.13) Major Support 84.50 CAD/JPY has retreated after making a high of 86.25. It is currently trading around 85.68. CAD/JPY faces strong resistance...

FX Hedging Strategy Series

FxWirePro: CAD/JPY fails to test even minor resistance at 86.378, long term downtrend likely to prolong – rosy times for speculators via binary puts

Mar 14, 2016 09:02 am UTC| Technicals

Technical roundup: We could foresee weakness in CADJPY when we consider the intermediate and long term trend of this pair. Bearish appearances as it has failed to even extend upto minor resistance at 86.378 levels...

FxWirePro: AUD/CAD capped below 1.00 handle, breaks above could see upside till 1.0170

Mar 14, 2016 08:59 am UTC| Technicals

AUD/CAD was rejected by strong trendline resistance at 1.0040 and is extending downside to currently trade at 0.9982. The pair has strong support at 0.9960 (5-DMA) and breaks below will find next support at 0.9933...

DAX30 faces strong resistance around 10000, break above targets 10400

Mar 14, 2016 08:51 am UTC| Technicals

Major resistance 10000 Major support 9800 (7 day 4 H EMA) The index has recovered after making a low of 9396. It is currently trading around 9950. DAX30 is facing major resistance around 10000 and any...

FxWirePro: NZD/JPY rejected at session highs (76.92), sees strong resistance at 77 levels

Mar 14, 2016 08:28 am UTC| Technicals

NZD/JPY edges lower from session highs at 76.92, and is currently trading around 76.37 levels. The pair finds strong resistance at 77 levels which is falling trendline connecting 77.80 (Mar 3rd highs), 82.67 (Dec...

FX Hedging Strategy Series

FxWirePro: USD/JPY spot and OTC convergence ahead of Fed and BoJ's monetary policy season

Mar 14, 2016 08:15 am UTC| Technicals

As the Fed will likely to remain on the sidelines on March 16th and so does BoJ, as a result we see tight tug of war between bulls and bears of USDJPY but both prefer to be in sideways in the end. You can probably make...

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