
FxWirePro: ASX200 faces strong resistance at 4930, good to sell on rallies
Feb 25, 2016 03:17 am UTC| Technicals
Major resistance -4930 Major support - 4815 ASX200 has recovered after making a low of 4824. It is currently trading around 4859. Short term trend is still weak as long as resistance 4930 holds. On the lower...

FxWirePro: Nikkei faces strong support at 15500, good to buy at dips
Feb 25, 2016 02:49 am UTC| Technicals
Major resistance - 16400 Major support -15500 The index has once again recovered after making a low 15526. It is currently trading around 16011. The index is facing strong resistance around 16340 and any...

FxWirePro: AUD/USD stay long for 0.7330, key support at 55-DMA
Feb 24, 2016 20:30 pm UTC| Technicals
AUD/USD inched higher in the late US session to trade around 0.7200 levels as late rebound in oil prices supported Aussie bulls. Currently the pair is inching upwards to test resistance level at 0.9258. Further decline...

Feb 24, 2016 18:20 pm UTC| Technicals
The yellow metal traded higher on Wednesday, as the demand safe heaven assets increased after US stocks opened lower. As of now commodity has decline strongly after finding resistance at 1206 in the mid US session,...

FxWirePro: USD/CAD regains upward movement after oil rebound fades
Feb 24, 2016 16:35 pm UTC| Technicals
The USD/CAD surged higher on Wednesday, as oil prices plummeted towards 33.44 $ per barrel. Oil prices rebound waned in US session after data showed surprise drop in US crude stockpiles causing worries of global supply...

FxWirePro: GBPUSD outlook weaker on renewed downside pressure
Feb 24, 2016 15:49 pm UTC| Technicals
GBP/USD pair declined sharply as renewed selling pressure intensified on Wednesday, on continued Brexit fears. The pair hit low 1.4880 before recovering towards 1.3960 levels. Currently the pair is trading around...

FxWirePro: EUR/USD resumes downside after failing to break above 1.000 levels
Feb 24, 2016 14:17 pm UTC| Technicals
The EUR/USD slipped lower on Wednesday as concerns over falling oil prices and possible Britains exist from euro zone dragged euro down against the dollar. The ongoing weakness is set to continue for this pair as the...