
Mar 03, 2016 08:00 am UTC| Technicals
On weekly plotting, after three weeks of upswings we traced out a sharp gravestone dojipattern at 1.1048 levels evidences the weakness again in this pair, as a result we now see the slumps dropped in the narrow range...

FxWirePro: GBP/NZD consolidating bounce off channel base, strong resistance upto 2.1120
Mar 03, 2016 07:42 am UTC| Technicals
GBP/NZD has bounced off from 2.0625 levels (levels last seen in May 2015), taken channel base support and edged higher. We see the pair consolidating after the bounce-off from multi-month lows, with major resistance...

FxWirePro: BTC/USD faces strong resistance at $450, good to sell on rallies
Mar 03, 2016 07:21 am UTC| Technicals Digital Currency
Major resistance - $450 BTC/USD has formed almost a double top around $445 and declined from that level. It is trading around $418. Short term trend is slightly weak as long as resistance $450 holds. On the...

Mar 03, 2016 07:17 am UTC| Technicals
Pair is currently trading at 1.3934 levels. It made intraday high at 1.40 and low at 1.3905 levels. Intraday bias remains bearish till the time pair holds key resistance level at 1.40 levels. On the other...

GBP/JPY faces strong trend line resistance at 160.90, break above targets 163.95
Mar 03, 2016 07:05 am UTC| Technicals
Major resistance - 160.90 (trend line joining 167.63 and 166.08) Major support - 159.25 The pair has slightly retreated after making a high of 161 at the time of writing. It is currently trading at...

FxWirePro: What makes EUR/CAD delta instruments more productive in hedging strategies?
Mar 03, 2016 07:01 am UTC| Technicals
As we see more downside potential on this pair as the bulls could not hold onto the recent peaks of 1.5914 but further to break below neckline at 1.5100 and claims more dips breaking important supports at 1.4949 levels to...

FxWirePro: EUR/GBP breaks major support at 0.7740, drag till 0.7660 likely
Mar 03, 2016 06:43 am UTC| Technicals
EUR/GBP has broken major support at 0.7740 and is trading around 0.77 levels. We had earlier given short call for the pair (link...