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FxWirePro: BTC/USD struggles to break above $470, good to sell on rallies

May 12, 2016 08:34 am UTC| Technicals

Major resistance -$470 (Apr 26th 2016) BTC/USD has once declined till $447 after making a high of $457.99 yesterday. It is currently trading around $450. Minor trend is slightly bearish as long as resistance $470...

FxWirePro: USD/SGD fails to break key support at 1.3623, good to buy on dips

May 12, 2016 08:17 am UTC| Technicals

USD/SGD is currently trading around 1.3690 marks. It made intraday high at 1.3695 and low at 1.3656 levels. Intraday bias remains bullish for the moment. A sustained close above 1.3723 tests key resistances...

FxWirePro:FTSE100 faces major resistance at 5185, good to sell on rallies

May 12, 2016 07:36 am UTC| Technicals

Major support - 6100 FTSE100 has declined after making a high of 6173 yesterday. It is currently trading around 6111. Short term trend is slightly weak as long as resistance 6185 holds.Minor bullishness can...

FxWirePro: AUD/JPY faces strong resistance at 80.75, good to sell on rallies

May 12, 2016 07:20 am UTC| Technicals

Major resistance 80.72 (10 day EMA) AUD/JPY has jumped after making a low of 78.17 on May 6th 2016. But the upside has been capped by 10 day EMA .It is currently trading around 79.85. Minor trend is weak as long...

FxWirePro: Silver back around $17.30, intraday bias remains slightly bearish

May 12, 2016 07:12 am UTC| Technicals

XAG/USD is currently trading around $17.29 marks. It made intraday high at $17.43 and low at $17.27 levels. Intraday bias remains bearish for the moment. Alternatively, a daily close below $17.06 will drag...

FxWirePro: Swedish krona gains ahead of CPI data, unemployment rate falls to 7.5 pct

May 12, 2016 06:20 am UTC| Technicals

EUR/SEK is currently trading around 9.2912 levels. It made intraday high at 9.3018 and low at 9.2832 levels. Intraday bias remains neutral for the moment. A sustained break above 9.2916 tests key resistances...

GBP/JPY breaks minor resistance 156.80, targets 158.45/160

May 12, 2016 06:18 am UTC| Technicals

Major support -156.23 (100 day HMA) Major resistance -158 GBP/JPY has taken support near 100 day HMA and recovered from that level. It is currently trading around 157.09. Minor weakness can be seen only...

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