Jan 13, 2016 15:25 pm UTC| Technicals
Gold has rebounded after finding support at 1080 levels to trade around 1087 levels, erasing some earlier losses suffered in the previous European session. However, upside is set to be limited as the commodity finds strong...
FxWirePro: EUR/USD key resistance at 1.0900, sell deals are recommended around 1.0850
Jan 13, 2016 14:33 pm UTC| Technicals
EUR/USD has lost some ground to dollar to trade around 1.0830 levels in the early US session after breaking below 1.0853 support level. The ongoing weakness is set to continue for this pair as the resistance level at...
Jan 13, 2016 14:15 pm UTC| Technicals
The U.S. Energy Information Administration is lined up to report inventories in US crude, we saw -5.1M massive decline its last weekly release. Technical Glimpse: it has found support at lower channel at around 30.50,...
GBP/USD declines to 5-1/2-year low , more downside expected
Jan 13, 2016 13:55 pm UTC| Technicals
GBP/USD slipped to 5 -1/2 year low on Tuesday as the greenback rose against sterling following soft UK industrial output data. The GBP/USD pair made modest gain in early European session hitting as high as 1.4470 but was...
Jan 13, 2016 13:25 pm UTC| Technicals
We could sense some sort of weakness in the pair on both daily and weekly charts suggest as the RSI is a clear divergence with the rising prices. The shooting star formed on weekly graph at 1.0074 levels. While stochastic...
FxWirePro: Use AUD/USD upswings for ideal entries for short build ups but don’t be bull trapped
Jan 13, 2016 11:58 am UTC| Technicals
It has tested supports at 0.6930 levels to bounce back with leading oscillators showing positive convergence. Previous to which it has also shown rising volumes on declining prices would bring in more downside potential...
USD/CHF breaks minor resistance 1.00350, targets 1.01250/1.0180
Jan 13, 2016 09:41 am UTC| Technicals
USD/CHF has broken major resistance 1.00350 and jumped till 1.00650. Short term trend is slightly bullish as long as support 0.9960 holds. The pair has made a low of 0.9960 yesterday and recovered from that level. It...
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