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Major European Indices Technical Analysis

Jan 05, 2016 09:44 am UTC| Technicals

DAX: DAX retreated after making a high of 10400 at the time of writing . Overall trend is still weak as long as resistance 10700 holds. Any break above 10700 will take the pair to next level minor resistance is...

EUR/USD breaks major descending triangle support, targets 1.0550

Jan 05, 2016 09:24 am UTC| Technicals

Chart Pattern- Descending triangle pattern The pair has broken major support 1.0800 which confirms major trend reversal a decline till 1.07250/1.0670/1.0620. Short term trend is still weak as long as resistance...

FxWirePro: BTC/EUR trades in narrow range, good to buy at dips

Jan 05, 2016 08:08 am UTC| Technicals Digital Currency

BTC/EUR is consolidating in narrow range between 371 and 402. It is currently trading around 399.85. The pair has declined till 390.84 yesterday and slightly jumped from that level. On the higher side minor...

FxWirePro: EUR/JPY rangebound, EZ inflation data in focus for further direction

Jan 05, 2016 07:38 am UTC| Technicals

EUR/JPY extends range trade into the European session after recovering from multi-month lows at 128.67 hit on Monday. Yens rally against Euro and Dollar halts as risk-on returns in the markets after Chinese equities...

FX Hedging Strategy Series

FxWirepro: GBP/AUD diagonal straps to monitor puzzling swings on speculative basis

Jan 05, 2016 07:33 am UTC| Technicals

Dear readers, we would like to run you through our recent write up before begin with this derivatives strategy, we can vouch for sure that this would give us the hints on trend directions of this pair. Check out the...

FxWirePro: GBP/AUD supported at channel line – targets 70-80 pips northwards

Jan 05, 2016 07:24 am UTC| Technicals

GBP/AUD breaks minor trend line resistance 2.045, targets 2.125

Jan 05, 2016 07:08 am UTC| Technicals

Major trend line resistance - 2.045 (trend line joining 2.1269 and 2.09682) The pair has broken major trend line resistance 2.045 and jumped till 2.0540. It is currently trading around 2.4260. Short term trend is...

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Economy

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Politics

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Science

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Technology

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