Major Asian Indices Technicals
Jan 07, 2016 03:16 am UTC| Technicals
Hang Seng: Hang Seng has broken major support 23000 and this confirms major weakness a decline till 20090/19800/19425 is possible . It is currently trading around 20270 The index resistance is at 20650 and any...
FxWirePro: GBP/USD finds support at 1.4600 levels, good to sell on rallies
Jan 06, 2016 18:48 pm UTC| Technicals
GBP/USD has rebounded modestly after hitting support level at 1.4600. The cable is currently trading around 1.4623 levels with oversold condition and a pullback towards 1.4640 levels can be expected. The pair is set...
FxWirePro: EUR/USD strongly bearish despite upside attempts, eyes 1.0650 levels
Jan 06, 2016 16:11 pm UTC| Technicals
EUR/USD has made modest gain in the US Session after negative ISM non-manufacturing data printed negative figures. Ater the data release the pair rallied towards 1.0766 levels, however gains were limited as the pair has...
FxWirePro: USDCAD hits fresh 11-year high, scope for further upside
Jan 06, 2016 15:23 pm UTC| Technicals
USD/CAD has strongly inched higher breaking the psychological barrier at 1.4000 as the oil-correlated Canadian weakened further on Wednesday following 4 percent drop in oil prices on renewed geopolitical tension between...
Jan 06, 2016 14:49 pm UTC| Technicals
The yellow metal has surged strongly towards 1091 levels , as persistence concerns over Chinese economy and geopolitical tensions in the Middle East has increased the demand for the yellow metal for the third straight...

Jan 06, 2016 14:06 pm UTC| Technicals
Observe the circled area on technical chart, we spot out a sharp gravestone doji candle at around 0.7285 that has shown its impact drag below. The pair has slid below strong supports at 0.7070 from the todays highs of...

FxWirePro: USD/CHF consolidates around 1.0096, good to buy on dips
Jan 06, 2016 13:29 pm UTC| Technicals
The USD/CHF rebounded from 1.0083 levels to hit high at 120, after bunch of economic data was released from the Eurozone. However, in the US early session the pair after finding minor resistance at 1.0111 has declined to...