ASX200 faces resistance at 200 day MA,break above atrgets 5225/5275
Apr 18, 2016 03:09 am UTC| Technicals
Major resistance - 5158 (200 day MA) ASX200 has made a high of 5158 yesterday and slightly declined from that level. It is currently trading at 5148. The index should close above 5158 (200 day MA) for further...
FxWirePro:Nikkei225 faces strong resistance at 16600, good to sell on rallies
Apr 18, 2016 02:36 am UTC| Technicals
Major resistance - 17000 The index has opened gap down today morning after making a high of 16926 yesterday .It is currently trading around 16336.Short term trend is slightly weak as long as resistance 16600 (200 day...
FxWirePro:AUD/USD consolidating around 0.7708, bias is bullish
Apr 15, 2016 15:27 pm UTC| Technicals
AUD/USD declined on Friday erasing some gains made in the earlier session to trade at 0.7701 levels as the Australian dollar was weighted down by weakness in oil prices. The pair jumped to an intraday high of 0.7731...
FxWirePro: USDJPY loses momentum but outlook is bullish
Apr 15, 2016 14:44 pm UTC| Technicals
USD/JPY has slipped sharply to hit hitting session low at 121.29 and is approaching to test support level located at 121.00. The Japanese yen was favored on Friday as global stocks declined and disappointing US...
FxWirePro: AUD/CHF rejects upper Bollinger band and EMA, downtrend slips through sloping channel
Apr 15, 2016 14:14 pm UTC| Technicals
From last 6 days attempts of bounces has now been struggling at 0.7582 levels (Upper BB), it has bounced from 0.7168 to 0.7583 levels (todays high). We now emphasize 0.75 (or 0.7482) areas as stiff resistance (21EMA) of...
FxWirePro:GBP/USD pauses upside, downside risk remains
Apr 15, 2016 14:12 pm UTC| Technicals
The GBP/USD pair traded as low as 1.4130 initially in the European session before bouncing towards 1.4167 levels. The pair remains vulnerable to uncertainty over whether Britain will stay in European...
FxWirePro:Gold strongly bearish despite upside attempts
Apr 15, 2016 13:52 pm UTC| Technicals
Gold prices started the day in negative note, falling as low 1227 levels, before bouncing higher in the American session. Following three days of downtrend, the yellow metal was heading for its first weekly drop as a...
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