FxWirePro: Strong resistance for NZD/USD at 0.69 levels, good to sell rallies
Dec 30, 2015 06:30 am UTC| Technicals
NZD follows AUD lower, NZD/USD upside faltered at 0.6883, pair now pressing 0.6850 around 0.3% down intraday. 200-DMA at 0.6846 is immediate support, holding downside for now, low thus far 0.6847, breach below...
FxWirePro: BTC/USD faces strong support around $400, good to buy at dips
Dec 30, 2015 06:18 am UTC| Technicals
BTC/USD has jumped till $434.97 yesterday and slightly declined from that level. It is currently trading around $431. Short term trend is still bullish as long as support $400 holds. The pairs minor resistance...
Dec 30, 2015 06:03 am UTC| Technicals
It has rejected the channel line resistance several times in the recent past at 133.764. Retrospectively, prior bearish trend suggests shorting chances by generating some bearish patterns such as spinning top, long...
AUD/CHF breaks major resistance, jump till 0.7340 is possible
Dec 30, 2015 06:03 am UTC| Technicals
Major resistance -0.7230 (Dec 10th high) AUD/CHF has broken major resistance 0.7230 and jumped till 0.72468. It is currently trading around 0.72303. Any break above 0.7230 confirms minor trend reversal, a jump...
FxWirePro: AUD/NZD trades in a tight range, negative setup intact
Dec 30, 2015 03:55 am UTC| Technicals
Overnight rebound in crude supported commodity currencies such as the Australian dollar on Wednesday. AUD/NZD trades a tight Asian range - opened the Asian session +0.2% at 1.0614, after a fresh 1.0568 low in London...
Major Asian Indices Technical Analysis
Dec 30, 2015 03:03 am UTC| Technicals
Hang Seng: Hang Seng has jumped till 22045 at the time of writing in morning and started to decline from that level. It is currently trading around 21960. The index resistance is at 22380 and any indicative...
Gold breaks support at 1069, eyes 1058 levels - short around 1068 with targets 1061/1058, SL 1074
Dec 29, 2015 18:40 pm UTC| Technicals
The yellow metal initially inched higher in the early European session, but rebound in the dollar limited the upside for the metal, after the release of positive US goods trade balance data from the US market. Gold is...