GBP/USD faces struggles to break above 1.4450, targets 1.4300
Feb 02, 2016 05:28 am UTC| Technicals
Major resistance -1.4440 (trend line joining 1.43626 and 1.44074) The pair has broken major trend line resistance yesterday but not be able to hold at higher levels. Cable has started to fall after making a high of...
FxWirePro: USD/JPY upside capped by 200-DMA at 121.47, good to sell rallies
Feb 02, 2016 05:13 am UTC| Technicals
USD/JPY is unable to extend gains above 200-DMA at 121.47 which is strong resistance on the upside. The pair is trading by days lows at 120.53, any further bullishness could be seen only if pair breaks above...
XAU/USD hovers around major resistance at $1127 levels
Feb 02, 2016 04:56 am UTC| Technicals
Pair is currently trading at $1126 levels. It made intraday high at $1130 and low at $1124 levels. If pair hold and made daily close above $1127 levels then next likely level is $1152. Alternatively,...
FxWirePro: AUD/USD fades post-RBA spike, slips below 0.71 handle, good to buy dips
Feb 02, 2016 04:14 am UTC| Technicals
AUD/USD spiked to hit days high at 0.7129 after Aussie bulls bolstered by RBAs rates-on hold decision. However, the spike was quickly sold off and the pair is now below the 0.71 handle, currently trading at...
Feb 02, 2016 03:27 am UTC| Technicals
Pair is currently supported around $0.7100 levels. It made intraday high at $0.7115 and low at $0.7092 levels. Intraday outlook is bearish below $0.7041 levels. RBA rate decision will be out within few...
Major Asian Indices Technicals
Feb 02, 2016 02:47 am UTC| Technicals
Hang Seng: Hang Seng has once again broken major resistance 19500 and jumped till 19607 at the time of writing. It is currently trading around 19635. Short term trend is still bullish as long as support 19200...
FxWirePro: EUR/USD key resistance at 1.0940, sell deals are recommended around 1.0930
Feb 01, 2016 19:41 pm UTC| Technicals
Euro has gained some ground against dollar by reaching as high as 1.0906 levels in the late US session on the view that Federal Reserve would not be able to hike interest rates quickly as forecasted this year following...
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