
FxWirePro: AUD/USD slips below 0.71 handle, good to sell rallies
Feb 19, 2016 03:50 am UTC| Technicals
Risk-off in early Asian trades along with RBA Edwards comments knocked-off the AUD/USD pair below key 0.71 handle. Edward talked down the domestic currency, noting that he would be more comfortable with AUD/USD at...

BTC/USD faces strong resistance around $425, break above targets $450/$465
Feb 19, 2016 03:28 am UTC| Technicals Digital Currency
Major resistance - $425 BTC/USD has made a high of $424.90 and slightly declined from that level. It is currently trading around $421. Short term trend is slightly bullish as long as support $390 holds. On the...
Major Asian Indices Technicals
Feb 19, 2016 03:02 am UTC| Technicals
Nikkei: Nikkei has once again retreated after making a high of 16278. It is currently trading around 15848. Short term trend is weak as long as resistance 16350 (Tenken-Sen) holds. The index is facing strong...

FxWirePro: USDJPY loses momentum but outlook is bullish
Feb 18, 2016 19:11 pm UTC| Technicals
The USD/JPY declined on Tuesday as US stocks declined and increased risk sentiment in the market attracted safe heaven assets. However, further decline is expected to be limited as the pair finds strong support at 113.79...

FxWirePro: GBP/USD strongly bearish despite upside attempts
Feb 18, 2016 16:11 pm UTC| Technicals
GBP/USD pair gained some ground in the early US session as the pair was supported by gains in European stocks. The cable also found support above 1.4300 levels as the focus shifted towards two day summit that will decide...
FxWirePro: USD/CAD key resistance at 1.3790, sell deals are recommended around 1.3740
Feb 18, 2016 15:21 pm UTC| Technicals
USD/CAD slipped backwards after the release of Philadelphia Fed manufacturing data in the early US session. However, after finding minor support at 1.3650 levels, the pair rebounded to trade around 1.3685 levels. The...

FxWirePro: EUR/USD outlook weaker on renewed downside pressure
Feb 18, 2016 15:02 pm UTC| Technicals
The EUR/USD pair declined sharply on Thursday as the pair attracted sellers as uncertainty over US monetary policy strengthened the demand for dollar. The pair hit daily lows at 1.1070 levels before recovering to...