FxWirePro: BTC/USD struggles t o close below $400, good to buy at dips
Dec 29, 2015 05:51 am UTC| Technicals Digital Currency
BTC/USD has jumped till $429.80 yesterday and slightly declined from that level. It is currently trading around $422. Short term trend is still bullish as long as support $400 holds. The pairs minor resistance is...
FxWirePro: EUR/GBP edges lower from strong trendline resistance at 0.7380, good to sell rallies
Dec 29, 2015 05:29 am UTC| Technicals
EUR/GBP has bounced back from strong trendline resistance at 0.7380 in Mondays trade. 5, 10 20 DMAs trend north, Stochs on 4-hourly charts has rolled-over from overbought zone with a bearish crossover Demand...
FxWirePro: AUD/NZD ends short term consolidation phase, negative setup to target 1.0497
Dec 29, 2015 04:39 am UTC| Technicals
AUD/NZD closes below trendline support at 1.0582 in Mondays trade, a fresh 1.0571 trend low recorded. The pair broke below its short term consolidation phase on Monday, 5, 10 20 DMAs trend south - negative...
FxWirePro: NZD/USD breaches 200 DMA (0.6850), 0.6897 (Oct 15 highs) next bull target
Dec 29, 2015 03:27 am UTC| Technicals
NZD/USD has breached 200 DMA at 0.6850, traded tight 0.6843/65 range thus far in Asia Uptrend in the pair is on track, trades within the ascending channel from middle of November lows Topside bias underpinned by...
Major Asian Indices Technical Analysis
Dec 29, 2015 03:05 am UTC| Technicals
Hang Seng: Hang Seng has made a low of 21825 and slightly recovered from that level. It is currently trading around 21935. On the lower side minor support is around 21700 and any break below will drag the...
Dec 28, 2015 19:24 pm UTC| Technicals
Gold has declined to trade around 1073 levels, giving up last week gains, However moves were range bound in thin liquidity in a holiday shortened weekend. The yellow metal is poised to rebound towards higher level as the...
FxWirePro: USD/CHF runs out of steam but maintains upward bias
Dec 28, 2015 18:21 pm UTC| Technicals
The USD/CHF pair rallied initially to test resistance level at 0.9903 in the early European session. However, after failing to break resistance level at 0.9903, the pair has slipped back to test 0.9877 support...