
Feb 29, 2016 08:32 am UTC| Technicals
USD/JPYs downtrend may persist despite the upbeat prints of GDP QoQ at 1% vs forecasts at 0.4%, but this weeks manufacturing PMIs would give in more insights of U.S. trades, until then we could keep foreseeing some bearish...

DAX30 forms Bullish Gartley pattern, good to sell on rallies
Feb 29, 2016 08:01 am UTC| Technicals
Harmonic Pattern -Bullish Gartley pattern Major resistance - 9625 The index has retreated after making a high of 9576. It is currently trading around 9415. Short term trend is still bearish as long as...

Feb 29, 2016 07:51 am UTC| Technicals
Pair is currently trading at 9.5060 levels. It made intraday high at 9.5066 and low at 9.4732 levels. Intraday bias remains bullish till the time pair holds key support level at 9.4451 levels. Alternatively,...

FxWirePro: NZD/CAD breaks trendline support at 0.9075, hits fresh 2-month lows at 0.8887
Feb 29, 2016 07:35 am UTC| Technicals
NZD/CAD has broken below strong trendline support at 0.9075 and hit fresh 2-month lows at 0.8887 in todays trade. Next support for the pair lies at 0.8850, breaks below could see downside upto 0.8780...

Feb 29, 2016 07:32 am UTC| Technicals
The outcome of the G20 meeting and upcoming economic data globally, including Japanese IP, labour market data, should set the tone for risk assets and the JPY this week. Perceived policy limits on some major central...

Silver breaks key support level at 14.91, likely to fall further
Feb 29, 2016 06:59 am UTC| Technicals
XAG/USD is well supported below $15.00 levels and currently trading around $14.65 marks. It made intraday high at $14.75 and low at $14.60 levels. Intraday bias remains bearish for the moment. A daily close...

FxWirePro: USD/CAD breaks major support 1.3560, good to sell on rallies
Feb 29, 2016 06:56 am UTC| Technicals
Major resistance -1.3620 The pair has broken major support 1.3560 and declined till 1.3504. It is currently trading around 1.35266. Short term trend is weak as long as resistance 1.3625 holds. Any break...