
USD/CHF trades above 1.000, jump till 1.0125 is possible
Mar 01, 2016 10:08 am UTC| Technicals
Major resistance - 1.0040 Major support - 0.9950 The pair has retreated after making a high of 1.00370. It is currently trading around 1.0029. Short term trend is slightly bullish as long as support 0.9950...

USD/MXN fails to break key support level at 17.98, intraday bias remains neutral
Mar 01, 2016 09:14 am UTC| Technicals
Pair is currently trading at 18.0395 levels. It made intraday high at 18.1692 and low at 18.0109 levels. Intraday bias remains neutral till the time pair holds key support level at 17.98 levels. A daily...

FxWirePro: Recovery in oil prices to keep CAD supported, good to sell EUR/CAD rallies
Mar 01, 2016 08:22 am UTC| Technicals
EUR/CAD hits multi-week lows at 1.4677, bears look relentless, scope for further downside. The pair is being taken down with high volumes, 1.450 next bear target, further downside to see 1.44 levels. Oil prices...

FxWirePro: FTSE100 faces major support around 6040, good to buy at dips
Mar 01, 2016 07:40 am UTC| Technicals
Major support - 6040 (55 day H EMA) Major resistance - 6103 (trend line joining 6116 and 6106) The index has formed a temporary bottom around 6040 and started to recover from that level. It is currently trading...

Mar 01, 2016 07:40 am UTC| Technicals
AUD seems adjusting higher after RBAs unchanged monetary policy.The statements description of the AUD was little changed, saying the exchange rate has been adjusting to the evolving economic outlook [previous: continued...

FxWirePro: EUR/GBP trades a narrow range, awaits UK and EU PMI data
Mar 01, 2016 07:28 am UTC| Technicals
EUR/GBP trades largely range-bound on the day, with the days high at 0.7821 and lows at 0.7802. Pair is holding just above the 0.7800 handle, which is key support, breaks below could see downside to 0.77...

USOIL faces strong resistance around $34.70, break above targets $40
Mar 01, 2016 07:19 am UTC| Technicals
Major resistance - $34.70 (trend line joining $34.78 and $34.66) Major support - $33.25 USOIL has recovered after making a low of $32.31. It is currently trading around $34.22. Major resistance is around...