FTSE 100 breaks trend line resistance, targets 5950
Feb 15, 2016 09:10 am UTC| Technicals
Major trend line resistance -5780 (Trend line joining 6129 and 6085) Major support -5720 The index has broken major resistance 5780 and jumped till 5837. It is currently trading around 5805. Short term trend...
USD/INR well supported above 68.00 mark, short on rallies
Feb 15, 2016 09:03 am UTC| Technicals
Pair is currently trading at marks. It made intraday high at and low at levels. A daily close above marks will take the parity towards new multi year high above levels. On the other side, recent downfall...
Feb 15, 2016 08:45 am UTC| Technicals
Yet, short-lived impact of the surprise NIRP decision on the JPY raises questions on the efficacy of further easing to stem appreciation pressures and global risk dynamics will likely prevail as main driver of the...
Feb 15, 2016 08:02 am UTC| Technicals
After the steep slumps, if you are expecting reversal upswings then you are likely to get bull trapped if you are initiating longs for longer terms. Since the formation of shooting star pattern candle at resistance...
FxWirePro: BTC/USD breaks major resistance $402, jump till $450 is possible
Feb 15, 2016 07:50 am UTC| Technicals Digital Currency
BTC/USD breaks major resistance $402 and jumped till $409. It is currently trading around $404. Short term trend is slightly bullish as long as support $380 holds. On the higher side any break above $402 will take...
U.S. Dollar to find support this week against EM currencies
Feb 15, 2016 07:32 am UTC| Technicals
USD has declined against all major currencies and EM currencies previous week. Downside may be limited and it is expected to take support in the near term as markets already priced in a somewhat gloomy outlook for the US...
Gold shy to cross $1300 mark, supported below $1220
Feb 15, 2016 07:00 am UTC| Technicals
Pair is currently trading at $1218 levels. It made intraday high at $1238 and low at $1214 levels. Intraday bias remains neutral for the day. A daily close below $1214 will drag the parity below $1200...
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