FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Apr 11, 2016 09:35 am UTC| Technicals
Major support - $400 BTC/USD has slightly retreated after making a low of $412 yesterday. It is currently trading around $419.72. Short term trend is slightly bullish as long as support $400 holds. On the...
Apr 11, 2016 09:19 am UTC| Technicals
AUD/USD is struggling to break resistance at 0.7572 (21DMA), yesterday also tested the resistance at the same levels, as a result we think since it doesnt manage to break above decisively on a closing basis which would...
FxWirePro: South African rand gains 1 percent against US dollar, good to sell on rallies
Apr 11, 2016 08:42 am UTC| Technicals
Pair is currently trading at 14.81 marks. It made intraday high at 14.98 and low at 14.75 levels. Intraday bias remains bearish till the time pair holds key resistance level at 15.05 levels. Alternatively,...
FxWirePro: FTSE100 faces strong resistance at 6225, good to sell on rallies
Apr 11, 2016 07:52 am UTC| Technicals
Major support -6080 (trend line joining 6006 and 6060) Major resistance 6225 (200 day MA) The index has once again retreated after making a high of 6217. It is currently trading around 6169. Short term...
FxWirePro: EUR/JPY breaks below 78.6% Fib at 123.38, targets 122
Apr 11, 2016 07:40 am UTC| Technicals
EUR/JPY is retreating from last weeks tops just above 128.00, and downside has broken below 78.6% Fib retrace of 122.05 to 128.22 rise at 123.37. Momentum studies continue to show further downside, pair on track to...
FxWirePro: Indian rupee strengthens against US dollar, good to sell on rallies
Apr 11, 2016 07:40 am UTC| Technicals
USD/INR is currently trading at 66.40 marks. It made intraday high at 66.54 and low at 66.33 levels. Intraday bias remains bearish for the moment. A daily close below 66.48 will drag the parity down towards...
FxWirePro: No signs of AUD recovery in 2016 amid significant geopolitical events
Apr 11, 2016 07:35 am UTC| Technicals
The rallies were extended a week ago as the AUD continued to push to fresh 2016 highs (at 0.7722) but those gains were unsustainable last week and the atmosphere seems weaker in the months to come in 2016. The majority of...
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