Gold breaks major resistance around $1169, jump till $1187 is possible
Oct 14, 2015 10:42 am UTC| Technicals
Gold breaks strong resistance around $1170 (Aug 24th high) and this confirms short term bullishness , a jump till $1187 is possible. On the downside minor support is around $1163 and any break below targets...
EUR/USD faces minor trend line support 1.1380, break below targets 1.1260
Oct 14, 2015 10:17 am UTC| Technicals
EUR/USD has made a high of 1.14262 today and slightly retreating from that level. It is currently trading at 1.14060. On the downside minor trend line support is around 1.1380 (trend line joining 1.1768 and 1.1238)...
Loonie breaks minor trend line support, targets 1.2900
Oct 14, 2015 09:26 am UTC| Technicals
Loonie has broken short term trend line support 1.2985 ( trend line joining 1.2900 and 1.2956) and this confirms intraday bearishness , a decline till 1.2900 cannot be ruled out. On the higher side 1.3050 is short...
FxWirePro: BTC/USD trades in narrow range, good to buy at dips
Oct 14, 2015 08:36 am UTC| Technicals
BTC/USD has broken major resistance $245 (200 day 4 HMA) and this confirms short term bullishness, a jump till $258/$272 is possible It is currently trading at $248. Short term trend is bullish as long as support $235...
Oct 14, 2015 08:32 am UTC| Technicals
The current spot FX is trading at 136.448, we expect dips extending up to 132.522 levels. It is understood that bearish momentum is bolstering as we saw that from delta risk reversal table and technical indications. Hence,...
FxWirePro: EUR/USD tests trend-line resistance at 1.4202, 1.1460 in sight
Oct 14, 2015 07:57 am UTC| Technicals
EUR/USD tests trend-line resistance at 1.4202, convincing breaks above could take the pair to 1.1460 levels Risk-off, accentuated by yet another Chinese data disappointment benefiting the safe-haven status of the euro,...
EUR/NZD faces strong support around 1.7040, break below targets 1.6960
Oct 14, 2015 06:36 am UTC| Technicals
EUR/NZD has made a high of 1.71958 and declined from that level. It is currently trading at 1.7069. The pair is facing trend line support around 1.7040 (trend line joining 1.686 and 1.6976) and any break below targets...