FxWirePro: Euro/Pound short term outlook – downside risk-reward very attractive
Dec 08, 2015 08:30 am UTC| Technicals
Last week, European Central Bank (ECB), delivered biggest disappointment in terms of additional stimulus, by just delivering only 10 basis points rate cut and six months extension of current asset purchase program. Market...
Dec 08, 2015 08:14 am UTC| Technicals
We spotted out a formation of rising wedge pattern on daily chart. This is now making downswing moves which is on the verge of breaking base trend line. EOD graph suggests bearish signals as we spot out back to back...
FxWirePro: BTC/EUR consolidating in narrow range, good to buy at dips
Dec 08, 2015 07:52 am UTC| Technicals Digital Currency
BTC/EUR has made a high of 369.80 yesterday and started to slightly decline from that level. It is currently trading around 362. Intraday trend is bullish as long as support 340 holds. On the higher side minor...
Major European Indices technical analysis
Dec 08, 2015 06:57 am UTC| Technicals
Germany DAX Index: Germany DAX index has made a temporary top around 11430 and declining heavily from that level. The index declined till 10664 and slightly recovered from that level and closed around...
FxWirePro: EUR/AUD closes above 20 DMA at 1.4809, 1.5200 target in sight
Dec 08, 2015 06:40 am UTC| Technicals
EUR/AUD close above 1.4849 20 DMA yesterday set targets 1.5207 (38.2% of Aug/Dec fall) in sight The pair is trading slightly firmer, led by AUD weakness post China trade data, currently it is at 1.5001 Momentum studies,...
AUD/JPY back below trendline resistance, good to sell rallies around 89 levels
Dec 08, 2015 06:19 am UTC| Technicals
Poor China trade data keeps the Aussie pressurised and the resulting data-led risk-off supports Japanese Yen AUD/JPY dips below resistance at 89.11, slips to session lows at 88.87, break below 200-HMA could see moves...
FxWirePro: Yen restraining CAD’s gains – mitigate FX risk through long put butterfly spreads
Dec 08, 2015 06:02 am UTC| Technicals
Japan reported +0.3% a sharp jump from previous -0.2%, while the BoJ remains to pursue the most aggressive easing policy among the major central banks, but it is arguably not getting enough bang for its buck. We review...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects