
FxWirePro: GBP/JPY consolidates in narrow range, good to sell on rallies
Dec 14, 2015 06:16 am UTC| Technicals
Pattern formed - Falling wedge Major resistance - 185.28 (trend line joining 188.80 and 186.33) The pair has made a high of 183.34 yesterday and started to recover from that level. It is currently trading at...

FxWirePro: BTC/USD faces strong support around $400, good to buy at dips
Dec 14, 2015 05:55 am UTC| Technicals Digital Currency
Major intraday resistance - $468 The pair has made a high of $467.80 and declined till $403. It is currently trading around $437. The pair is still bullish as long as support $400 holds Any break above major...

AUD/JPY broke below channel support at 87.75, test of 85.31 likely
Dec 14, 2015 05:22 am UTC| Technicals
AUD/JPY hit session lows of 86.51, but has kept above daily cloud, breaks below into the cloud could see further weakness, pair could then test 85.31 (61.8% Fib of 81.97 to 90.72 rise). The Aussie dives deeper into...

FxWirePro: Persistent NZD weakness supporting AUD/NZD higher in Asia, but bias still lower
Dec 14, 2015 03:32 am UTC| Technicals
AUD/NZD hit session lows at 1.0663, but was rejected at lows. Bias still lower, the pair is on track to test trend line support at 1.0620. The pair is at the time of writing trading at 1.0719, persistent NZD weakness...
Major Asian Indices Technical Analysis
Dec 14, 2015 02:26 am UTC| Technicals
Nikkei Nikkei has made a low of 18585 at the time of writing and slightly recovered from that level . It is currently trading around index major support is around 17585 (55 W EMA) and any further weakness can be seen...

Dec 11, 2015 15:12 pm UTC| Technicals
After having a look upon long term charts, a suspicion arrives in our brains.Can the prevailing bear run surpass the least prices ever in recent history...? this question would take us to absolutely 11.5 years back (which...

FxWirePro: Time for diagonal straps to hedge GBP/AUD’s puzzling swings
Dec 11, 2015 14:03 pm UTC| Technicals
Dear readers, before beginning with this hedging formulation, lets take a look atour previous post on the trend analysis of GBP/AUD. After going through the above article, we would like you to understand mystification...