Dec 21, 2015 06:30 am UTC| Technicals
We kept stating that yens gains in long run, you get to know that from OTC markets positions and order flow basis, it seems that fed hike of 25 bps has already been fairly positioned and priced in especially hard currency...
FxWirePro: BTC/USD faces strong support around $425, good to buy at dips
Dec 21, 2015 06:17 am UTC| Technicals Digital Currency
The pair has made a high of $466 and declined from that level. It is currently trading around $438. Short term trend is still bullish as long as support $425 holds. Any close above major resistance $465 confirms...
FxWirePro: GBP/JPY forms Bullish Shark Pattern, good to buy at dips
Dec 21, 2015 05:48 am UTC| Technicals
Harmonic Pattern Formed- Bullish Shark pattern Potential Reversal Zone (PRZ) - 179.70 The pair has declined till 180.32 and started to recover from that level. It is currently trading at 181.15 Any break...
FxWirePro: NZD/USD holds channel support, good to buy dips
Dec 21, 2015 04:39 am UTC| Technicals
The antipodeans struggling for momentum on Monday as traders reluctant to make any significant bets in a holiday-heavy week NZD/USD is marginally firmer in lacklustre Asia, holds channel support in Fridays trade...
FxWirePro: USD/JPY largely range bound, good to buy dips around 121 levels
Dec 21, 2015 03:50 am UTC| Technicals
Yen slumps post BoJ on Friday were quickly faded, USD/JPY initially spiked to session highs at 123.54, but then closed in the red at 121.09 after wild swings. On the day, USD/JPY is largely rangebound, trading a...
Major Asian Indices Technical Analysis
Dec 21, 2015 03:17 am UTC| Technicals
Nikkei225: The index has made a high of 19900 on Friday and declined heavily from that level is currently trading around 18683. Short term bullishness only above 19050 and break above will take the index to next...
FxWirePro: EUR /USD key resistance at 1.0895, bearish in the short term
Dec 18, 2015 16:29 pm UTC| Technicals
EUR /USD pair has rebounded against US dollar to trade around 1.0846 levels after US Service PMI data printed negative figures. However, Further advance is expected to be limited as the pair faces strong resistance at...