
FxWirePro: BTC/USD faces strong resistance at $428, good to sell on rallies
Mar 31, 2016 07:19 am UTC| Technicals
Major resistance - $428 (trend line joining $502.48 and $465) BTC/USD has slightly recovered after making a low of $407.It is currently trading around $414.87. Short term trend is slightly weak as long as...

GBP/JPY breaks major support 161.30, decline till 160/158.50 is possible
Mar 31, 2016 06:31 am UTC| Technicals
Major support- 161.30 Major resistance 162.60 The pair has retreated after making a high of 162.57 yesterday. It is currently trading around 160.99. Short term trend is weak as long as 162.60 holds. On...

Mar 31, 2016 06:15 am UTC| Technicals
The weekly prices slid below 7 21DMAs, attempting to break neckline supports 1.4670 with downward convergence by leading oscillators. See for break below major support -1.4670 (neckline of double top). On monthly...

FxWirePro: EUR/GBP on track to retake 0.79 handle, buy dips, target 0.7945
Mar 31, 2016 06:06 am UTC| Technicals
EUR/GBP has taken trendline support at 0.7850 and edged higher, but we do not see scope for much upside. The pair is flirting with highs near 0.7900, breaks above to target 0.7946 (Mar 24th highs). Three-month...

FxWirePro:NZD/CAD forms shooting star candlestick pattern , good to sell on rallies
Mar 31, 2016 05:46 am UTC| Technicals
Candle Stick Pattern- Shooting Star Major resistance 0.9060 The pair has made a high of 0.9560 yesterday and declined from that level. It is currently trading around 0.8966. Short term trend is weak as long...

FxWirePro: Swedish Krona erases previous gain against euro, good to buy on dips
Mar 31, 2016 05:35 am UTC| Technicals
EUR/SEK is currently trading around 9.2258 levels. It made intraday high at 9.2289 and low at 9.2129 levels. Pair fails to fall below key support at 9.2129 and supported above 9.2200 marks. Intraday bias...

FxWirePro: NZD/USD holds above strong support at 0.6880, good to buy dips
Mar 31, 2016 05:11 am UTC| Technicals
Broad based US dollar strength and downbeat NZ business confidence data adds to bearish pressure on the bird. ANZ NZ business confidence 3.2% in March vs 7.1% in February. NZ own activity outlook for March 29.4% vs...