XAU/USD surpasses key resistance at $1212, a big buy for Gold again
Feb 16, 2016 12:16 pm UTC| Technicals
Pair is currently supported above $1200 mark. It made intraday high at $1190 in Asian hours while intraday high at $1216 marks. On the other side, Goldman Sachs predicted a fall to $1,100 an ounce in the next three...
Feb 16, 2016 11:35 am UTC| Technicals
Minor resistance - 1.1170 (trend line joining 1.1375 and 1.13248) Minor support - 1.1150 The pair has recovered after making a low of 1.11280 yesterday. It is currently trading around 1.11878. On the lower side minor...
USD/IDR hits fresh 3-month low, BI rate decision in focus
Feb 16, 2016 11:24 am UTC| Technicals
Pair is well supported below 13400 marks and hit fresh 3 month low at 13335 levels. BI is scheduled to release interest rate decision on its 17-18 February meeting. BI is likely to lower its interest rate by 25bp to...
US Oil faces major support at $29.85, break below targets $28.20
Feb 16, 2016 10:04 am UTC| Technicals
Major support- $29.85 (trend line joining $26.03 and $27.09) Major resistance - $31.80 (trend line joining $34.79 and $33.57) US Oil has retreated after making a high of $31.46. Short term trend is slightly weak as long...
Indian rupee falls against US dollar, hovers around key resistance level at 68.48
Feb 16, 2016 09:54 am UTC| Technicals
Indian rupee depreciated 0.5% against US dollar and currently trading at 68.40 levels. It made intraday high at 68.42 and low at 68.12 levels. A daily close above 68.48 will take the parity towards 2 year low...
EUR/USD breaks minor trend line resistacne, targets 1.1245/1.1270
Feb 16, 2016 09:16 am UTC| Technicals
Minor resistance - 1.1170 (trend line joining 1.1375 and 1.13248) Minor support - 1.1150 The pair has recovered after making a low of 1.11280 yesterday. It is currently trading around 1.11878. On the lower...
FxWirePro: BTC/USD faces short term resistance around $409, good to buy at dips
Feb 16, 2016 08:57 am UTC| Technicals
BTC/USD has slightly retreated after making a high of $409. It is currently trading around $398. Short term trend is slightly bullish as long as support $370 holds. On the higher side any break above $409 will take the...
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