Apr 12, 2016 13:34 pm UTC| Technicals
The Sterling surged higher against the greenback on Tuesday, extending above 1.4300 its highest level in more than a week, before retreating back towards 1.4256 levels in the early US session. The GBP got a boost from...
BTC/USD faces strong resistance at $428, break above targets $450/$465.
Apr 12, 2016 12:58 pm UTC| Technicals
Major Resistance - $428 BTC/USD has slightly recovered after making a low of $412. It is currently trading around $425. Short term trend is slightly bullish as long as support $400 holds. On the lower side...
Apr 12, 2016 12:49 pm UTC| Technicals
Well, we kept urging for GBPAUDs weakness ever since the formation of gravestone doji and hanging man patterns in last September and November, now almost within 1-months time frame, it has shown declines of 0.37% (from...
Apr 12, 2016 11:48 am UTC| Technicals
BRL against USD hits at 3.4850 to flash a fresh 8 months highs. USDBRL forms a descending triangle pattern which is bearish continuation trend. After the pair (USDBRL) breaking below the baseline of descending...
CADCHF faces strong resistance at 0.7410, break above targets 0.7450/0.7515
Apr 12, 2016 10:50 am UTC| Technicals
Major resistance 0.7410 (trend line joining 0.75168 and 0.7457) Minor support 0.7370 CAD/CHF is facing strong resistance around 0.7410 and any break above confirms minor trend reversal .The pair has made a high...
US OIL breaks major resistance $40.80, targets $41.87/$42.73
Apr 12, 2016 09:44 am UTC| Technicals
Major resistance - $40.80 (trend line joining $50.91 and $41.87) Major support - $39 (7 day EMA) US Oil has broken major resistance $40.80 and jumped till $40.89. It is currently trading around 40.75. Short...
EUR/USD forms Diamond pattern, sell below 1.13800 for further weakness
Apr 12, 2016 09:42 am UTC| Technicals
Pattern Formed- Diamond pattern Major resistance -1.1450 Major support - 1.1370 The pair is trading in narrow range between 1.1370 and 1.14454 for the past two trading session. It is currently trading around...
Germany lowers voting age to 16 for the European elections
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