ETH/USD breaks major resistance $14, jump till $14.85/$15.20 is possible
Jun 07, 2016 09:20 am UTC| Technicals
Major intraday support - $13.20 (21 day MA) Major resistance- $14 The pair has broken major resistance $14 and jumped till $14.04 at the time of writing .Any violation above will take the ethereum till...
FxWirePro: 'Shooting Star' formed at highs, EUR/GBP could test 0.77 levels
Jun 07, 2016 09:05 am UTC| Technicals
EUR/GBP saw a gap up open on Mondaybut was unable to extend gains beyond the 0.79 handle. 0.7906 is stiff resistance which is 61.8% Fib retrace of 0.8117 (Apr 7th high) to 0.7565 (May 25th low). EUR/GBP plunged...
FxWirePro: BTC/USD faces strong resistance at $600, good to buy at dips
Jun 07, 2016 07:56 am UTC| Technicals
BTC/USD has recovered strongly after making a low of $558. It is currently trading around $584. The pair is facing psychological resistance around $600 and the break will take the pair till $630 ((161.8% retracement...
FxWirePro: S&P 500 faces strong resistance at 2119, good to sell on rallies
Jun 07, 2016 07:23 am UTC| Technicals
Major resistance- 2119 (161.8% retracement of 2105.4 and 2084.30) SP500 has broken psychological resistance 2100 and jumped till 2113.90. It is currently trading around 2111.90. The index major resistance is...
FxWirePro: AUD/JPY struggles at the 80 handle, bias higher, good to buy dips
Jun 07, 2016 07:23 am UTC| Technicals
AUD/JPY struggles to extend gains above the 80 handle, bias is higher, we see scope for test of 80.85 (trendline). Aussie buoyed after RBA Board decided to leave the cash rate unchanged at 1.75 per cent and sounded...
FxWirePro: Gold tightly holds $1,242 mark, a sustain break below targets $1,225
Jun 07, 2016 07:17 am UTC| Technicals
XAU/USD is currently trading around $1242 marks. It made intraday high at $1246 and low at $1241 marks. Intraday bias remains neutral till the time pair holds key support at $1242 marks. A sustained break...
Jun 07, 2016 07:11 am UTC| Technicals
AUDUSD continues to gain from yesterdays close at 0.7365 levels to the current 0.7436 levels after RBA decides to maintain status quo in its monetary policy, cash rates are unchanged at 1.75%. The bets on probable cuts...
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