
FxWirePro: Chinese Yuan depreciates as People's Bank of China sets Yuan reference rate higher
Mar 24, 2016 07:35 am UTC| Technicals
USDCNY is currently trading around 6.5130 levels. It made intraday high at 6.5138 and low at 6.5035 levels. The Peoples Bank of China set the Yuan reference rate at 6.5150 today, up from Wednesdays midpoint of...

Mar 24, 2016 07:16 am UTC| Technicals
As the delta risk reversals of this pair indicates bearish neutral sentiments in FX OTC markets as there is no hedging interest seen in near terms (see for 1W expiries) but this has again shown in favour of bearish...

FxWirePro: FTSE100 struggles to close above 6200, good to sell on rallies
Mar 24, 2016 07:07 am UTC| Technicals
Major Resistance 6240 Major support 6100 FTSE100 has retreated once again after making a high of 6217 yesterday. It has closed around 6170. Short term trend is slightly weak as long as resistance 6240...

FxWirePro:Gold forms bullish Cypher Pattern, good to buy at dips
Mar 24, 2016 06:03 am UTC| Technicals
Harmonic pattern: bullish Cypher pattern Potential Reversal Zone (PRZ) -$1190. The yellow metal has broken major support $1225 and declined till $1214.75. It is currently trading around $1217.75. Short term...

Mar 24, 2016 05:40 am UTC| Technicals
We see the price fluctuation whipsaws 7DMA at 126.05. Short term bulls have given up the momentum in recent gains as the price curve approaches near resistance at 127.619 and upper BB (see yellow colour circled...

ASX200 breaks major support 5075, decline till 5020/4980 is possible
Mar 24, 2016 03:34 am UTC| Technicals
Major support - 5075 ASX200 has broken major support 575 and declined till 5066 at the time of writing . It is currently trading at 5085. Short term trend is slightly weak as long as resistance 5160 holds. Any...
FxWirePro: Nikkei faces strong resistance at 17300, good to sell on rallies
Mar 24, 2016 03:24 am UTC| Technicals
Major resistance - 17300 The index is consolidating between 16561 and 17125 for the past three trading session. It is currently trading around 16664.Short term trend is weak as long as resistance17300...