
Loonie breaks major resistance 1.3140, break above targets 1.440
Jan 26, 2016 07:57 am UTC| Technicals
Major resistance - 1.4314 (55 day 4 H EMA) Loonie has broken major resistance 1.4314 and jumped till 1.4180. It is currently trading around 1.4310. Short term trend is slightly bullish as long as support 1.4250...

FxWirePro: DAX Struggles to close above 9800, good to sell on rallies
Jan 26, 2016 07:26 am UTC| Technicals
The index has broken major resistance 9720 and jumped till 9830. It is is currently trading around 9595. Any minor weakness can be seen only below 9600 and any break below 9600 will drag the index down till...
EUR/USD nearly flat in data light European Calendar
Jan 26, 2016 07:05 am UTC| Technicals
Pair is well supported above $1.0850 levels, made intraday high at $1.0859 and low at $1.0841 levels. Intraday bias remains neutral in the absence of any major economic events from Euro area. Yesterday ECB...

Jan 26, 2016 06:59 am UTC| Technicals
We continue to think there are downside risks to MASs forecasts that core CPI inflation will rise over the course of 2016 from 0.5% to 2.0% and headline inflation to range -0.5% - 0.5%. Likewise, its forecast for GDP...

FxWirePro: Mid-month ATM put in collars strategy to hedge gold’s puzzling upswings
Jan 26, 2016 06:30 am UTC| Technicals
Goldfor February delivery on the Comex division of the New York Mercantile Exchange jumped $11.10, or 1.01%, to trade at $1,107.40 a troy ounce. Last week we saw that Indias gold import in last month of 2015 is valued...
Jan 26, 2016 06:29 am UTC| Technicals
Japanese Yen is enjoying some gain against the major peers after traders sold off the pair amid renewed risk aversion based on a slump in oil prices and overall dull growth prospects. Last week both oil benchmarks...

GBP/USD well supported above $1.4200 level, BOE Gov Carney speech in focus
Jan 26, 2016 05:51 am UTC| Technicals
GBP/USD is currently trading at $14227 levels, made intraday high at $1.4252 levels. Last week the pound hit its lowest level in nearly seven years, when it fell to $1.4084. BoE policy maker Kristin Forbes said that...