FxWirePro: USDJPY loses momentum but outlook is bullish
Apr 15, 2016 14:44 pm UTC| Technicals
USD/JPY has slipped sharply to hit hitting session low at 121.29 and is approaching to test support level located at 121.00. The Japanese yen was favored on Friday as global stocks declined and disappointing US...

FxWirePro: AUD/CHF rejects upper Bollinger band and EMA, downtrend slips through sloping channel
Apr 15, 2016 14:14 pm UTC| Technicals
From last 6 days attempts of bounces has now been struggling at 0.7582 levels (Upper BB), it has bounced from 0.7168 to 0.7583 levels (todays high). We now emphasize 0.75 (or 0.7482) areas as stiff resistance (21EMA) of...
FxWirePro:GBP/USD pauses upside, downside risk remains
Apr 15, 2016 14:12 pm UTC| Technicals
The GBP/USD pair traded as low as 1.4130 initially in the European session before bouncing towards 1.4167 levels. The pair remains vulnerable to uncertainty over whether Britain will stay in European...
FxWirePro:Gold strongly bearish despite upside attempts
Apr 15, 2016 13:52 pm UTC| Technicals
Gold prices started the day in negative note, falling as low 1227 levels, before bouncing higher in the American session. Following three days of downtrend, the yellow metal was heading for its first weekly drop as a...

BTC/USD breaks major resistance $428, targets $448/$465
Apr 15, 2016 12:10 pm UTC| Technicals
Major Resistance - $428 BTC/USD has broken major resistance $428 and jumped till $428.53 at the time of writing. It is currently trading around $428.53. Minor trend is bullish as long as support $415 (55 day 4H...

Apr 15, 2016 11:58 am UTC| Technicals
Last two days bull swings could not sustain as it reaches trend line at1.3657 levels. Shooting Star at peaks has more downside potential; MACD signifies short term downtrend to prolong. In between, it is now likely...

Apr 15, 2016 10:58 am UTC| Technicals
Pattern Formed Double Top Major resistance- 86.10 (Weekly Kijun-Sen) Major support 84.50 (55 day 4H EMA) The pair has once again retreated after making a high of 85.68. It is currently trading around...