
Feb 29, 2016 07:32 am UTC| Technicals
The outcome of the G20 meeting and upcoming economic data globally, including Japanese IP, labour market data, should set the tone for risk assets and the JPY this week. Perceived policy limits on some major central...

Silver breaks key support level at 14.91, likely to fall further
Feb 29, 2016 06:59 am UTC| Technicals
XAG/USD is well supported below $15.00 levels and currently trading around $14.65 marks. It made intraday high at $14.75 and low at $14.60 levels. Intraday bias remains bearish for the moment. A daily close...

FxWirePro: USD/CAD breaks major support 1.3560, good to sell on rallies
Feb 29, 2016 06:56 am UTC| Technicals
Major resistance -1.3620 The pair has broken major support 1.3560 and declined till 1.3504. It is currently trading around 1.35266. Short term trend is weak as long as resistance 1.3625 holds. Any break...

Feb 29, 2016 06:30 am UTC| Technicals
CADJPY is downswings are momentary and if bears extends dips it is likely to test support at 83.130 levels to bounce back again. The pair has been puzzling when we consider the intermediate trend of this pair, but...

FxWirePro: EUR/JPY recovery capped at 125 levels, pair slips below 5-DMA, good to short rallies
Feb 29, 2016 06:19 am UTC| Technicals
EUR/JPY recovery from multi-year lows at 122.45 (last seen in Apr 2013) was capped at 125 on Fridays trade. The pair has slipped 5-DMA at 123.90, and finds next strong support at 123.20 (wedge base). Doji...

FxWirePro: AUD/JPY slips below 0.81 handle, fresh selling in Nikkei keeps JPY supported
Feb 29, 2016 05:54 am UTC| Technicals
Downside in AUD/JPY accelerating, pair slips below 81.00 handle, currently trading around session lows at 80.70 levels. The pair sees strong resistance at 82.0 levels, multiple rejections seen at that...

A big day for Indian rupee ahead of Union budget
Feb 29, 2016 05:25 am UTC| Technicals
Pair is currently trading at 68.62 levels. It made intraday high at 68.74 and low at 68.58 levels. A daily close above 68.82 will turn the bias bullish and drag the parity towards multiyear low above 69.22...