FxWirePro: DAX faces strong resistance around 9860, good to sell on rallies
Feb 02, 2016 07:50 am UTC| Technicals
Major resistance - 9860 (trend line joining 10164 and 9925) The index has recovered till 9848 yesterday and started to decline from that level. It is currently trading at term trend is weak as long as resistance 9860...
Feb 02, 2016 07:27 am UTC| Technicals
As anticipated, the RBA board meeting for interest rate decision, has not bring in any change, that the board has decided to hold the cash rate steady at 2.0%. With the market probability of a move near to zero, that is a...
FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Feb 02, 2016 07:24 am UTC| Technicals Digital Currency
BTC/USD is trading in narrow range $380-$364 for the past two trading session.It is trading around $373. Intraday trend is weak as long as long as resistance $402 holds. On the higher side any break above $402 will...
FxWirePro: AUD/NZD slips below 200-DMA, good to sell rallies
Feb 02, 2016 07:07 am UTC| Technicals
AUD/NZD edges lower after being rejected at trendline resistance by 1.0970, currently trades at 1.0850. The pair slipped and closed below 200-DMA (currently at 1.0905) in Mondays trade raising scope for further...
FxWirePro: GBP/JPY faces minor support around 172.95, good to buy at dips
Feb 02, 2016 07:01 am UTC| Technicals
Major support - 172.95 (55 day H EMA) The pair has declined till 173.14 at the time of writing and started to recover from that level. Intraday trend is slightly bullish as long as support 172.95 holds. On the higher...
Feb 02, 2016 06:44 am UTC| Technicals
Delta risk reversals of AUDUSD: After the momentary upswings to 0.7141 (lower highs), the OTC market sentiments appeared to be more bias towards downward direction, the pair over all time horizon shows more weakness as the...
Feb 02, 2016 06:16 am UTC| Technicals
No traces of recovery on AUDUSD monthly charts, while conducting the long term trend analysis of this pair, it has still been a weaker and a clear prolonged downtrend, this has still been evident even on daily and weekly...
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