
FTSE100 breaks minor trend line support, targets 6040/6000
Mar 15, 2016 09:10 am UTC| Technicals
Major resistance - 6200 Minor support - 6160 (trend line joining 6112 and 6120) The index has retreated after making a high of 6198 and is currently trading around 6130. Short term trend is still weak as...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Mar 15, 2016 09:08 am UTC| Technicals
Major resistance - $425 BTC/USD has broken minor resistance $415 and jumped till $421.91. It is trading around $414. Short term trend is slightly bullish as long as support $370 holds. On the lower side...

Mar 15, 2016 08:53 am UTC| Technicals
Technical watch: It seems CAD taking a halt from its intermediary bull run against USD which has begun from the channel resistance (see both daily and monthly plotting). The pair has dipped from the highs of 1.4689...

FxWirePro: AUD/CAD sees strong trendline resistance at 1.0030, bullishness only on breaks above
Mar 15, 2016 08:48 am UTC| Technicals
AUD/CAD was rejected by strong trendline resistance at 1.0035 on Monday and is extending downside to currently trade at 0.9973. The pair has strong support at 0.9955 (5-DMA) and breaks below will find next support at...

FxWirePro: AUD/CAD sees strong trendline resistance at 1.0030, bullishness only on breaks above
Mar 15, 2016 08:48 am UTC| Technicals
AUD/CAD was rejected by strong trendline resistance at 1.0035 on Monday and is extending downside to currently trade at 0.9973. The pair has strong support at 0.9955 (5-DMA) and breaks below will find next support at...

FxWirePro: USD/CNY fails to fall below key support 6.4910, intraday bias remains bullish
Mar 15, 2016 08:35 am UTC| Technicals
The Yuan has weakened about 5 percent against the dollar since last August. Pair is currently trading at 6.5090 levels. It made intraday high at 6.5091 and low at 6.4945 levels. Intraday bias remains bullish...
FxWirePro: Pound/Yen may go for larger upside correction
Mar 15, 2016 08:23 am UTC| Technicals
Pound/Yen is clearly on the downside today but short term fundamental suggests that the pair might correct more on the upside. We have issued long term short call in pound against Yen, however in the short run prospect is...