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

Dec 29, 2015 06:03 am UTC| Technicals Digital Currency

BTC/EUR has jumped till 387 and slightly declined from that level. It is currently trading around 384. The pair has taken support near 371.80 and intraday weakness can be seen only below 370. On the higher side...

FxWirePro: BTC/USD struggles t o close below $400, good to buy at dips

Dec 29, 2015 05:51 am UTC| Technicals Digital Currency

BTC/USD has jumped till $429.80 yesterday and slightly declined from that level. It is currently trading around $422. Short term trend is still bullish as long as support $400 holds. The pairs minor resistance is...

FxWirePro: EUR/GBP edges lower from strong trendline resistance at 0.7380, good to sell rallies

Dec 29, 2015 05:29 am UTC| Technicals

EUR/GBP has bounced back from strong trendline resistance at 0.7380 in Mondays trade. 5, 10 20 DMAs trend north, Stochs on 4-hourly charts has rolled-over from overbought zone with a bearish crossover Demand...

FxWirePro: AUD/NZD ends short term consolidation phase, negative setup to target 1.0497

Dec 29, 2015 04:39 am UTC| Technicals

AUD/NZD closes below trendline support at 1.0582 in Mondays trade, a fresh 1.0571 trend low recorded. The pair broke below its short term consolidation phase on Monday, 5, 10 20 DMAs trend south - negative...

FxWirePro: NZD/USD breaches 200 DMA (0.6850), 0.6897 (Oct 15 highs) next bull target

Dec 29, 2015 03:27 am UTC| Technicals

NZD/USD has breached 200 DMA at 0.6850, traded tight 0.6843/65 range thus far in Asia Uptrend in the pair is on track, trades within the ascending channel from middle of November lows Topside bias underpinned by...

Major Asian Indices Technical Analysis

Dec 29, 2015 03:05 am UTC| Technicals

Hang Seng: Hang Seng has made a low of 21825 and slightly recovered from that level. It is currently trading around 21935. On the lower side minor support is around 21700 and any break below will drag the...

Gold prices set to rebound, further decline to be limited- long around 1064 with targets 1073/1078, SL 1060

Dec 28, 2015 19:24 pm UTC| Technicals

Gold has declined to trade around 1073 levels, giving up last week gains, However moves were range bound in thin liquidity in a holiday shortened weekend. The yellow metal is poised to rebound towards higher level as the...

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