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FxWirePro: GBP/NZD edges higher from half-yearly lows at 2.1446, further weakness on charts

Feb 18, 2016 08:39 am UTC| Technicals

GBP/NZD extends declines below the cloud, hits half-yearly lows at 2.1446 before edging higher to trade at 2.1537. The pair has been trading a falling wedge, has hit wedge top resistance at 2.1997 and retraced from...

FX Hedging Strategy Series

FxWirePro: Kiwi dollar rout likely to continue in Q2, vulnerable majorly due to struggling dairy industry

Feb 18, 2016 08:12 am UTC| Technicals

New Zealands economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles,...

FxWirePro: GBP/CAD faces strong support around 1.9480, good to sell on rallies

Feb 18, 2016 07:36 am UTC| Technicals

Major resistance - 1.9640 (3 day EMA) GBP/CAD has broken major support 1.9720 and declined till 1.95031. It is currently trading around 1.9536. Short term trend is bearish as long as resistance 1.9640...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong resistance at $425, good to buy at dips

Feb 18, 2016 07:00 am UTC| Technicals Digital Currency

Major resistance - $425 BTC/USD has broken major resistance $409 and jumped till $421 at the time of writing. It is currently trading around $419. Short term trend is slightly bullish as long as support $390...

XAU/USD trading range bound, buy on dips

Feb 18, 2016 06:57 am UTC| Technicals

Pair is currently trading at $1208 level. It made intraday high at 1210 and low at 1204 levels. Intraday bias remains bullish above key support level at $1190. A daily close above $1213 is required to take...

FX Hedging Strategy Series

FxWirePro: Kiwi dollar's gains momentary, stay hedged via diagonal option combinations

Feb 18, 2016 06:36 am UTC| Technicals

Well, keeping important resistance (at 0.6723) in mind one can speculate this pair with binary one touch calls (beyond boundaries for 50-60 pips) but in the contrast advice for long-term investors is that dont get bull...

FxWirePro: Cable faces strong resistance at 1.4360, good to sell on rallies

Feb 18, 2016 06:20 am UTC| Technicals

Major resistance -1.4360 (support turned into resistance) The pair has recovered after making a low of 1.4244. It is currently trading around 1.42921. Short term trend is bearish as long as resistance 1.4360...

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Science

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Technology

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

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