
FTSE100 faces strong resistance around 6210, break above targets 6325
Mar 02, 2016 09:09 am UTC| Technicals
Major resistance - 6210 (trend line joining 6874 and 6764) Minor support - 6149 The index has made a high of 6209 at the time of writing and slightly retreated from that level. It is currently trading around...

Mar 02, 2016 08:10 am UTC| Technicals
Well, no trace of bulls in this bearish trend yet, weve been stating more bearish swings ever since the formation of gravestone doji and hanging man patterns, now you would have seen a steep slump from the peaks of 2.2108...

FxWirePro: Gold faces strong support at $1217, good to buy at dips
Mar 02, 2016 08:03 am UTC| Technicals
Major support - $1217 (trend line joining $1190 and $1201.80) Major resistance -$1249 (trend line joining $1263 and $1253) The commodity has retreated after making a high of $1248 yesterday. It is currently...

AUD/CAD rejects key support at 0.9594 level and rises sharply around 52 pips within a minute
Mar 02, 2016 07:42 am UTC| Technicals
Pair is currently trading at 0.9711 levels. It made intraday high at 0.9723 and low at 0.9609 levels. Intraday bias remains bullish till the time pair holds key support level at 0.9594 levels. Today...

FxWirePro: EUR/AUD edges higher from fresh 2-month lows at 1.4984, good to sell rallies
Mar 02, 2016 07:40 am UTC| Technicals
EUR/AUD broke below the 1.50 barrier to hit fresh 2-month lows at 1.4984. The pair has since pared some losses to currently trade at 1.5023, but weakness on charts to drag the pair lower. Next immediate support...

FxWirePro: NZD/USD rejected at 0.6661, stays supported above daily cloud
Mar 02, 2016 06:57 am UTC| Technicals
NZD/USD was rejected at days highs by 0.6661, but remains supported above daily cloud (currently spanning 0.6534-0.6615). Weakness only below 0.6580 (trendline resistance), pair could then test next support at 0.65...

Mar 02, 2016 06:45 am UTC| Technicals
Pair is currently trading at 9.3575 levels. It made intraday high at 9.3577 and 9.3553 levels. Intraday bias remains bullish till the time pair holds key support level at 9.30 levels. A current rebound from...