US OIL takes support near golden ratio, jump till $29.15 likely
Feb 11, 2016 06:07 am UTC| Technicals
Intraday Trend - Slightly Bullish Major support - $26.60 (161.8% retracement of $29.38 and $33.57) US OIL has taken support near 161.8% retracement (golden ratio) and jumped slightly from that level. It is currently...
FxWirePro: AUD/NZD strong support at 1.0570 levels, further weakness only on breaks below
Feb 11, 2016 06:00 am UTC| Technicals
Approaches strong support at 1.0570 levels, further weakness can be seen only on breaks below. Daily Stochs are deeply in oversold territory, while RSI has turned higher after dipping below 40 levels. MACD...
EUR/USD hovers around $1.13 marks, Euro group meeting in focus
Feb 11, 2016 05:39 am UTC| Technicals
Pair is currently trading at $1.1290 marks. It made intraday high at $1.1319 and low at $1.1273 levels. Intraday bias in EUR/USD remains positive. A daily close below $1.1050 will turn the bias again...
FxWirePro: USD/CAD faces strong resistance at 1.4000, good to buy at dips
Feb 11, 2016 05:27 am UTC| Technicals
Minor resistance - 1.3900 (trend line joining 1.43255 and 1.41026) Major resistance -1.4000 Major support - 1.3840 (trend line joining 1.3693 and 1.3780) The pair has broken minor resistance 1.3900 and...
USD/CHF well supported above 0.96 marks, more downside likely
Feb 11, 2016 05:14 am UTC| Technicals
Pair is currently trading around 0.9719 levels and remains well supported below 0.9750 marks. It made intraday high at 0.9741 levels and low around 0.9703 levels. Intraday bias in USD/CHF remains on the downside...
FxWirePro: AUD/USD reverses from day's highs, good to sell rallies
Feb 11, 2016 04:51 am UTC| Technicals
AUD/USD fails to hold above the 0.71 handle, upside bias seems to have lost momentum, pair trades largely unchanged at around 0.7090 levels. The pair is extending declines after rejection at strong trendline...
FxWirePro: NZD/USD rejected at highs, slips back below 200-DMA, good to sell rallies
Feb 11, 2016 04:21 am UTC| Technicals
The Kiwi halted its four-days of consecutive gains, was rejected at days high by 0.6734 and has edged lower to currently trade at 0.6668. Risk-off trades persisting in full swing as global equities and oil continue...
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