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FxWirePro: BTC/USD faces minor resistance around $435, good to buy at dips

Dec 31, 2015 05:25 am UTC| Technicals

BTC/USD slightly declined till $420 after making a high of $434.97 yesterday is currently trading around $425. Short term trend is still bullish as long as support $400 holds. The pairs minor resistance is...

FxWirePro: Bearish Gartley formation on AUD/NZD charts, good to go long on dips

Dec 31, 2015 03:35 am UTC| Technicals

We see a Bearish Gartley formation on AUD/NZD charts. The pair dipped below strong trendline support on Dec 28th, but bears struggled to take the pair lower. AUD/NZD bounced back from 1.0567 levels, has edged above...

Nikkei Long term Outlook

Dec 31, 2015 03:15 am UTC| Technicals

Nikkei is trading in narrow range around 20000 and 18531 in the Dec month. the index has taken support near 18600 (55 W EMA) and slightly recovered from that level. Any short term weakness can be seen only below 18500...

FxWirePro: GBP/USD downtrend loses momentum, but outlook still strongly bearish

Dec 30, 2015 18:10 pm UTC| Technicals

The Cable has slipped backwards from 1.4847 levels to hit low at 1.4793 in early the US Session. However, after negative home sales data the pair rebounded back in quick succession and erased the earlier losses to trade at...

FxWirePro: EURUSD runs out of steam, bearish in the short term

Dec 30, 2015 15:49 pm UTC| Technicals

The EUR/USD pair has declined towards lower levels, as the US has gained strength across the board after the trading volumes around the world has slowly increased after markets have opened from Christmas holiday break. At...

FxWirePro: USD/JPY consolidating around 120.56, bias is bullish

Dec 30, 2015 15:12 pm UTC| Technicals

USD/JPY has rebounded after hitting support level at 120.30 and is bouncing above to test resistance level at 120.63, the support level at 120.30 set to hold the bears from falling further below and push the pair towards...

FxWirePro: USD/CHF tests 0.9886 support level, scope for further upside

Dec 30, 2015 14:54 pm UTC| Technicals

The USD/CHF has slipped back towards 0.9893 levels, after failing to break résistance level at 0.9941. The pair has been trading in a narrow range lately, and strong rebound is expected to take place sooner from...

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