
FxWirePro: GBP/USD holds above 1.3900 levels but upside is limited
Feb 25, 2016 16:02 pm UTC| Technicals
GBP/USD traded around 7 ½ years low on Thursday, on continued worries Britain may exit Eurozone. The pair hit low at 1.3902 in the early US session before recovering towards 1.3940 levels. Currently the pair is...

Feb 25, 2016 15:27 pm UTC| Technicals
The yellow metal inched higher on Thursday, as US dollar weakened and fresh bullion funds buying boosted yellow metals demand. The commodity rebounded strongly after finding support at 1220 in the early European session,...

FxWirePro:EUR/USD trades below 21-DMA,more downside expected
Feb 25, 2016 15:11 pm UTC| Technicals
The EUR/USD pair traded in lower range on Thursday as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the resistance level at 1.1040 is...

Feb 25, 2016 14:20 pm UTC| Technicals
The OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon and as a result delta risk reversal for EURCHF was turning into negative over the period of time. From the...

Feb 25, 2016 13:04 pm UTC| Technicals
On weekly plotting, after three weeks of upswings we traced out a sharp gravestone doji at 1.1048 levels to signify the weakness again in this pair. As a result, the brief upswings could not sustain and drop below the...

Feb 25, 2016 12:20 pm UTC| Technicals
Major resistance - 157.07 The pair has recovered from the low of 154.71 and jumped till 157.12.Intraday trend is slightly bullish as long as support 155.80 holds. On the higher side any break above 157.07 will take the...

Feb 25, 2016 12:14 pm UTC| Technicals
Major resistance - 157.07 The pair has recovered from the low of 154.71 and jumped till 157.12. Intraday trend is slightly bullish as long as support 155.80 holds. On the higher side any break above 157.07 will take the...