BTC/USD breaks major resistance $428, targets $448/$465
Apr 15, 2016 12:10 pm UTC| Technicals
Major Resistance - $428 BTC/USD has broken major resistance $428 and jumped till $428.53 at the time of writing. It is currently trading around $428.53. Minor trend is bullish as long as support $415 (55 day 4H...
Apr 15, 2016 11:58 am UTC| Technicals
Last two days bull swings could not sustain as it reaches trend line at1.3657 levels. Shooting Star at peaks has more downside potential; MACD signifies short term downtrend to prolong. In between, it is now likely...
Apr 15, 2016 10:58 am UTC| Technicals
Pattern Formed Double Top Major resistance- 86.10 (Weekly Kijun-Sen) Major support 84.50 (55 day 4H EMA) The pair has once again retreated after making a high of 85.68. It is currently trading around...
Gold-Silver Ratio above historic average implies Silver to outperform Gold
Apr 15, 2016 10:07 am UTC| Technicals
Historical average -15 Five years ago Gold Silver ratio is at 35 Gold-Silver ratio measures the number of silver ounces it takes to buy a single ounce of gold. The spread is currently trading at 75.98. Gold...
FxWirePro: NZD/JPY recovers most of previous week's losses, stays capped below daily cloud
Apr 15, 2016 09:19 am UTC| Technicals
NZD/JPY extends gains on the day, erasing most of Thursdays losses. Renewed risk-on wave in the markets on positive data supporting the higher-yielding currencies. The pair is on track to close the week higher paring...
FxWirePro: Norwegian krone turns negative after trade balance data
Apr 15, 2016 08:28 am UTC| Technicals
EUR/NOK is currently trading at 9.2793 levels. It made intraday high at 9.2819 and low at 9.2581 levels. Norways trade balance data released with negative numbers at 9.1B m/m vs 9.5B m/m previous...
FxWirePro: AUD/CAD finds strong resistance at 0.9915 levels, break above could see further upside
Apr 15, 2016 08:26 am UTC| Technicals
Aussie bulls buyoed by RBAs upbeat Financial Stability Review and renewed risk-on sentiment triggered by positive China data. FSR noted that the Australian financial system remains in good shape and overall household...
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