
FTSE 100 breaks major support around 5915, decline till 5800 is possible
Feb 24, 2016 09:15 am UTC| Technicals
Major support -5915 Minor resistance - 5973 FTSE has declined till 5917 at the time of writing and slightly recovered from that level. It is currently trading around 5921. On the lower side any break below...

Feb 24, 2016 08:15 am UTC| Technicals
After the breach of support 81.300, the formation of triple top has been confirmed and we think the pair has gone more fragile to evidence more dips upto next strong supports at around 79.645 and may even retest all time...

FxWirePro: EUR/JPY continues to hit fresh yearly lows, scope for test of 119 levels
Feb 24, 2016 08:03 am UTC| Technicals
EUR/JPY has broken below strong channel base support at 125 levels, to extend downside. The pair continues to hit fresh yearly lows at 123.028, levels last seen in Apr 2013, further weakness likely. Downside...

FxWirePro: DAX30 faces strong support at 9300, good to buy at dips
Feb 24, 2016 07:56 am UTC| Technicals
Major support -9300 Major resistance - 9620 DAX has made a high of 9580 and started to decline from that level. It is currently trading around 9420. Short term trend is slightly bullish as long as support...

FxWirePro: S&P 500 forms Bullish Bat pattern, good to buy at dips
Feb 24, 2016 07:54 am UTC| Technicals
Harmonic Pattern formed - Bullish Bat pattern Potential Reversal Zone (PRZ) - 1900 The index has made a low of 1912 and slightly recovered from that level. Short term trend is lighty bullish as long as support...

Feb 24, 2016 07:36 am UTC| Technicals
From the nutshell showing delta risk reversal of ATM contracts, it is understood that the ATM puts have been on high demand since hedging activity for downside risks piling up (this is justifiable with the mounting selling...

AUD/NZD fails to break key resistance at 1.0873, intraday bias remains neutral
Feb 24, 2016 07:23 am UTC| Technicals
Pair is currently trading at 1.0855 levels. It made intraday high at 1.0873 and low at 1.0829 levels. Intraday bias remains neutral for the moment. A daily close above key resistance at 1.0873 levels will...