
FxWirePro: EUR/GBP trades a narrow range, awaits UK and EU PMI data
Mar 01, 2016 07:28 am UTC| Technicals
EUR/GBP trades largely range-bound on the day, with the days high at 0.7821 and lows at 0.7802. Pair is holding just above the 0.7800 handle, which is key support, breaks below could see downside to 0.77...

USOIL faces strong resistance around $34.70, break above targets $40
Mar 01, 2016 07:19 am UTC| Technicals
Major resistance - $34.70 (trend line joining $34.78 and $34.66) Major support - $33.25 USOIL has recovered after making a low of $32.31. It is currently trading around $34.22. Major resistance is around...

Indian rupee breaks key support level at 68.18, likely to fall further
Mar 01, 2016 07:15 am UTC| Technicals
Pair is currently trading at 68.15 levels. It made intraday high at 68.35 and low at 68.14 levels. Yesterday India released its Union budget 2016, which put higher impact on Countrys stock as well as currency...

FxWirePro: EUR/AUD breaks again 1.5269 - Stay short in near month futures as 1.5103 is on table
Mar 01, 2016 07:08 am UTC| Technicals
The pair has broken major supports 1st at 1.5496 and then at 1.5269 levels after the formation of shooting star at 1.5923 on weekly plotting. Amid this bearish journey we see 21DMA has crossed over 7DMA on daily chart...

FxWirePro:BTC/USD faces strong resistance at $450, good to buy at dips
Mar 01, 2016 06:57 am UTC| Technicals Digital Currency
Major resistance - $450 BTC/USD has broken minor resistance around $425 and jumped till $440.99. It is trading around $434. Short term trend is still bullish as long as support $400 holds. Any break below...

Mar 01, 2016 06:38 am UTC| Technicals
NZD/CAD has edged higher from fresh 2-month lows at 0.8887 and is currently trading at 0.8943. The pair is attempting an entry into the channel and a close above channel base resistance at 0.8930 will be pivotal. Major...

Mar 01, 2016 06:24 am UTC| Technicals
The AUD and NZD were firmer against the majors from last week despite soft data outcomes in Australia (wage index and capex outlook), in part because of stronger commodity prices (specifically iron ore). For the week...