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CHF/JPY breaks major resistance 116, targets 118.60

Mar 28, 2016 10:07 am UTC| Technicals

Major resistance - 116 The pair has broken major resistance 116 and jumped till 116.30 at the time of writing . It is currently trading around 116.19. Short term trend is slightly bullish as long as support 115...

FxWirePro: BTC/USD faces strong resistance around $436, good to sell on rallies

Mar 28, 2016 09:10 am UTC| Technicals Digital Currency

Major resistance - $436 (trend line joining $502.48 and $465) BTC/USD has slightly retreated after making a high of $427.80 recovered till $417.55 at the time of writing after making a low of $403. It is currently...

FX Hedging Strategy Series

FxWirePro: EUR/CAD oscillates in sideways, leading oscillators diverge to spot FX despite last week's upswings - trade via tunnel spreads

Mar 28, 2016 08:47 am UTC| Technicals

After the break out below 1.4949 and the neckline of double top has more downside potential, currently at 1.4786 levels after rejecting resistance at 1.4827 levels. From last couple of days, it has now been drifting in...

USD/CNY hovers around key resistance at 6.5195, intraday bias remains neutral

Mar 28, 2016 08:33 am UTC| Technicals

USDCNY is currently trading around 6.5162 levels. It made intraday high at 6.5208 and low at 6.5148 levels. Intraday bias remains neutral for the moment. A sustained break above6.5195 will tests another...

FxWirePro: Russian rouble continues to add strength against US dollar, sell on rallies

Mar 28, 2016 08:14 am UTC| Technicals

USD/RUB is currently trading around 67.7121levels. It made intraday high at 68.7060 and low at 67.7245 levels. Intraday bias remains bearish till the time pair holds key resistance at 69.0017...

FxWirePro: Silver refrains to fall below key support at $15.12, intraday bias remains bullish

Mar 28, 2016 07:53 am UTC| Technicals

XAG/USD is currently trading around $15.23 levels. It made intraday high at $15.26 and low at $15.12 levels. Intraday bias remains bullish for the moment. A daily close below $15.12 will tests key supports...

FxWirePro: CAD/JPY faces strong resistance at 86.30, good to buy at dips

Mar 28, 2016 07:46 am UTC| Technicals

Major resistance 86.30 (trend line joining 86.21 and 86.27) Major support - 84.50 The pair has once again retreated after making a high of 86.29 on 23rd Mar 2016. It has declined till 84.56 and slightly...

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