
FxWirePro: FTSE100 faces strong resistance at 6055, good to sell on rallies
Feb 19, 2016 07:55 am UTC| Technicals
Major resistance -6055 (trend line joining 6322 and 6129) Major support - 5880 The index has made a high of 6038 yesterday and slightly declined from that level. It is currently trading around 5972. Short...
Feb 19, 2016 07:31 am UTC| Technicals
Most markets were contained overnight, halting a three-day rally in risky assets. Equities, commodities and the US dollar are little changed. US interest rates are lower. Rates markets remain tied to the risk sentiment...

Feb 19, 2016 07:28 am UTC| Technicals
We maintain long term bearish trend stance, while short term upswings could also to be utilized by below option strategy. Although some abrupt price recoveries that weve been seeing from every now and then, monthly chart...

Feb 19, 2016 07:22 am UTC| Technicals
Pair remains well supported below 0.6750 marks. It made intraday high at 0.6645 and low at 0.6611 levels. Intraday bias remains bearish till the time pair holds key resistance at 0.6670 levels. On the other...

Feb 19, 2016 07:06 am UTC| Technicals
Technical glance: We maintain long term bearish trend stance, while short term upswings could also to be utilized by below option strategy. Although some abrupt price recoveries that weve been seeing from every now and...

FxWirePro: EUR/JPY edges higher from fresh multi-year lows at 125.38, bias lower
Feb 19, 2016 06:57 am UTC| Technicals
EUR/JPY hit multi-year lows at 125.38, as yen in demand on renewed riks-off. The pair has been trading a falling channel and finds strong support at 125.20 which is channel base. Price action is well below the...

GBP/USD faces minor resistance around 1.4350, break above targets 1.4420/1.4480
Feb 19, 2016 06:21 am UTC| Technicals
Minor resistance - 1.4350 (trend line joining 1.45156 and 1.43937) Minor support - 1.4300 The pair has made a high of 1.43937 and declined from that level. It is currently trading around 1.4339. On the...