FTSE100 breaks major resistance 6220, jump till 6350 is possible
Mar 18, 2016 09:47 am UTC| Technicals
Major Resistance 6220 Major support 6100 FTSE100 has recovered after making a low of 6114 yesterday and jumped till 6215 at the time of writing. It is currently trading around 6221. Short term trend is...
Mar 18, 2016 09:08 am UTC| Technicals
The pair has already made more than 61.8% Fibonacci retracements from the highs of 1.6252 levels. The current prices have again slid below 7DMA, breaking important supports with downward convergence by leading...

Silver breaks all the key resistances and hits fresh 4-month high, remains supported above $16.02
Mar 18, 2016 08:36 am UTC| Technicals
XAG/USD is currently trading around $16.03 levels. It made intraday high at $16.12 and low at $15.87 levels. Intraday bias remains bullish for the moment. Silver breaks key resistance level at $15.72 marks...

Chinese Yuan hits fresh 2- month gain against US dollar as PBoC again raised the Yuan fixing
Mar 18, 2016 08:10 am UTC| Technicals
USDCNY is currently trading at 6.4644 levels. It made intraday high at 6.4728 and low at 6.4628 levels. Intraday bias remains bearish for the moment. PBoC raised its fixing rate by the most since last...

FxWirePro:BTC/USD trades in narrow range, good to buy at dips
Mar 18, 2016 07:59 am UTC| Technicals
Major resistance - $425 (trend line joining $447 and $440) BTC/USD is consolidating between $420.89 and $406 for the past four trading session. It is trading around $414. Short term trend is slightly bullish as...

FxWirePro: NZD/JPY IVs accelerate on momentary gains - deploy short put ladder for hedging
Mar 18, 2016 07:27 am UTC| Technicals
Japan recorded a 242.8 billion surplus in February of 2016, compared with a 426 billion deficit a year earlier but missing market consensus of 388.6 billion surplus. Exports were dropped by a higher-than-expected 4% on...

FxWirePro: EUR/JPY extends decline after rejection a falling trendline resistance
Mar 18, 2016 07:07 am UTC| Technicals
EUR/JPY is extending decline on the day after seeing rejection at strong trendline resistance on Thursdays trade. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see...