Dec 16, 2015 13:14 pm UTC| Technicals
The yellow metal is moving in sideways direction off late as the increased risk aversion on fears whether Federal Reserve will raise the interest rate hike or not has kept the gold investors on the sidelines. The...
Dec 16, 2015 13:11 pm UTC| Technicals
The yellow metal is moving in sideways direction off late as the increased risk aversion on fears whether Federal Reserve will raise the interest rate hike or not has kept the gold investors on the sidelines. The...
Dec 16, 2015 12:04 pm UTC| Technicals
GBP/JPY recovered till 184.22 after making a low of 182.12. It is currently trading around 183.17. The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level. Short...
S&P500- Watch out for 2075 for further bullishness
Dec 16, 2015 11:12 am UTC| Technicals
Major resistance -2075 (trend line joining 2106 and 2096) The index has recovered till 2054 after making a low of 1993. The index is still weak as long as resistance 2075 holds. Any break above 2075 will take the index...
FxWirePro: GBP/JPY faces strong resistance around 184.25, good to sell on rallies
Dec 16, 2015 09:50 am UTC| Technicals
GBP/JPY recovered till 184.22 after making a low of 182.12. It is currently trading around 183.17. The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level. Short...
Major European Indices technical analysis
Dec 16, 2015 07:46 am UTC| Technicals
Germany DAX Index: Germany DAX index has recovered till 10496 after making a low of 10121. It is currently trading at 10470. The index minor support is around 10300 and break below targets 10100/9980. On...
FxWirePro: EUR/AUD consolidating gains, next bounce to target 1.5466
Dec 16, 2015 07:41 am UTC| Technicals
EUR/AUD consolidating gains, next bounce to target 1.5466, 50% of August/December fall. Momentum studies are neutral - 5, 10 20 DMAs base/climb - positive setup exists, Stochs are at o/b, some unwinding likely,...