
FxWirePro: GBP/JPY breaks out 186.694 with Doji, one touch puts to target at 185.829
Nov 16, 2015 06:20 am UTC| Technicals
On daily chart, the pair has made a breakout below key support at around 186.694 levels, a formation of doji at this level signifies serious weakness in this pair.Alternatively if it manages to hold the support at 185.829,...

FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Nov 16, 2015 05:54 am UTC| Technicals Digital Currency
BTC/USD has recovered till $356 after making a low of $294. It is currently trading around $320. Short term trend is still bearish as long as resistance $370 holds. On the downside major support is around $300 and...

FxWirePro: GBP/INR outlook – upside reward attractive
Nov 16, 2015 05:39 am UTC| Insights & Views Technicals
Pound faced severe backlash just a little more than week back, when Bank of England (BOE) pushed back inflation and rate hike expectations in its monetary policy statement, quarterly inflation bulletin and minutes, pushing...

FxWirePro: AUD/USD holds above 0.71 barrier, good to buy dips
Nov 16, 2015 04:47 am UTC| Technicals
The antipodeans had a subdued tone on Monday as investors showed caution following the Paris terror-strike which triggered risk-off sentiment. AUD/USD opened Mondays trade at 0.7106, down from a peak of 0.7160 on...
FxWirePro:Sell GBP/JPY on rallies around 186.35-40 with SL around 187 for the TP of 185/184.70
Nov 16, 2015 04:06 am UTC| Technicals
GBP/JPY has made a high of 187 and retreated from that level.Overall trend is bearish as long as 187 holds. On the lower side major support is around 185.70. Any break below 185.70 will drag the pair further down...

Gold rises on France terror attacks -Watch out for $1070
Nov 16, 2015 03:37 am UTC| Technicals
Gold has once again made a low of $1079 on Friday and recoveredfrom that level. It is currently trading around $1093. In monthly chart MACD is showing oversold level and a jump till $1130/$1160 is possible . On...
FxWirePro: GBP/USD key support at 1.5132, bullish in the short term
Nov 13, 2015 15:54 pm UTC| Technicals
GBP/USD has lost some ground to dollar to trade around 1.5187 levels after slipping from 1.5263 levels. The cable is currently trading in oversold condition and a rebound towards higher levels can be expected sooner or...