FxWirePro:GBP/JPY struggles to break above 170, good to sell on rallies
Jan 26, 2016 05:50 am UTC| Technicals
Major resistance - 170(Cloud bottom) The pair has made a high of 170 and started to retreat from that level.It is currently trading around 168. upside inGBP/JPY has been capped around 170.20-35 (ichimoku cloud) and...
Gold surpasses major resistance level at $1112
Jan 26, 2016 04:54 am UTC| Technicals
XAU/USD is currently trading around $1112 level and made intraday high at $1113.68 levels. Weakening US dollar and another fall in oil prices boosted demand for safe-haven assets. The Fed is scheduled to meet...
FxWirePro: BTC/USD struggles to close strong support at $370, good to buy at dips
Jan 26, 2016 04:11 am UTC| Technicals
BTC/USD has made a high of $405 yesterday and slightly declined from that level. It is currently trading around $392. Short term trend is bullish as long as support $370 holds.On the lower side any break below $370 will...
FxWirePro:Gold trades well above $1100, good to buy at dips
Jan 26, 2016 03:46 am UTC| Technicals
Major resistance - $1109 (Jan 20th 2016) Gold has broken major resistance $1109 which confirms minor bullishness , jump till $1120/$1134 (200 day MA) is possible. Minor weakness can be seen only below $1090 and break...
Major Asian Indices Technicals
Jan 26, 2016 03:23 am UTC| Technicals
Hang Seng: Hang Seng has retreated after making a high of 19485 It is currently trading around 19040. Short term trend is still weak as as resistance 19500 holds. The index minor resistance is at 19300 and any...
GBP/USD remains bullish above 21-day moving average
Jan 25, 2016 19:49 pm UTC| Technicals
GBP/USD inched higher by hitting daily highs at 1.4281 during early European hours, before pulling backwards in the US session. The pair has held above 1.4200 levels indicating short term buying interest across the...
FxWirePro: AUD/USD loses momentum but outlook is bullish
Jan 25, 2016 17:41 pm UTC| Technicals
AUD/USD has slipped towards 0.6974 levels after failing to break minor resistance level located at 0.7044 in the early European session. Currently the pair is approaching to testing support level located at 0.7060....
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