
FxWirePro: EUR/GBP extends downside post upbeat UK manufacturing output data
Mar 09, 2016 09:45 am UTC| Technicals
Downside in EUR/GBP accelerated into UK industrial output data, pair fell around 25 pips from 0.7740 levels to 0.7715 just minutes ahead of data. UK manufacturing output beat expectations, came in at +0.7 % m/m, more than...

Loonie struggles to break above 1.3460, decline till 1.3260 is possible
Mar 09, 2016 09:32 am UTC| Technicals
Candle Stick pattern - Shooting Star Major resistance - 1.3460 (55 day 4H EMA) USD/CAD has made a high of 1.34461 at the time of writing and started to decline from that level. Short term trend is still weak as...

Mar 09, 2016 09:28 am UTC| Technicals
Theeuro has started the trading week with minor gains, as the pair trades at the 1.1060 on 8th March began tumbling. Bears lined as Euro retreaded below 1.0976 levels, many turned a sceptical eye toThursdays crucial...

FxWirePro: GBP/NZD trades a narrow range, focus on UK industrial output data
Mar 09, 2016 09:10 am UTC| Technicals
GBP/NZD is extending consolidation phase, after edging higher from channel base support at 2.0625 (multi-month lows). The pair is stuck in a narrow range on the day, days highs at 2.1115, lows at 2.1018. Series...

FxWirePro: USD/INR likely to consolidate below 67.76, intraday bias remains bearish
Mar 09, 2016 09:06 am UTC| Technicals
Pair is currently trading around 67.27. It made intraday high at 67.51 and low at 67.25 levels. Intraday bias remains bearish till the time pair holds key resistance at 67.76 levels. On the down side, key...

FxWirePro: AUD/CAD breaks strong trendline resistance at 0.9910, good to buy dips
Mar 09, 2016 07:53 am UTC| Technicals
AUD/CAD has broken strong trendline resistance at 0.9912 in Tuesdays trade and has closed above. The pair finds next strong resistance at 0.9990 levels (double top 17th Dec and Jan 28th). Breaks above could take...

FTSE100 faces strong support at 6100, break below targets 6000
Mar 09, 2016 07:52 am UTC| Technicals
Major support - 6100 Minor resistance - 6160 (trend line joining 6218 and 6195) The index is consolidating in narrow range between 6218 and 6100 for the past five trading session. It is currently trading around...