GBP/USD breaks minor trend line resistance, targets 1.4370/1.4400
Feb 01, 2016 09:15 am UTC| Technicals
Minor trend line resistance -1.4280 (trend line joining 1.4250 and 1.42605) Minor support - 1.4240 Cable breaks minor intraday resistance 1.4280 and this confirms minor bullishness, a jump till 1.4350/1.4370/1.4400 is...
Feb 01, 2016 08:45 am UTC| Technicals
Last Fridays, the rate charge by BoJ makes commercial banks that park surplus reserves at the central bank to negative 0.1% in a slightly awful stimulated pointing at serving its economy to cushion the potential threats of...
NZD/CAD breaks below ichimoku cloud, decline till 0.9000/0.8800 is possible
Feb 01, 2016 08:10 am UTC| Technicals
Major Support -0.9050 (Ichimoku Cloud) Major resistance - 0.9150 (55 day EMA) NZD/CAD has broken major support 0.9050 and declined till 0.9037. It is currently trading around 0.9070. Short term trend is...
FxWirePro: AUD/CAD holds trendline support, good to go long on dips around 0.99
Feb 01, 2016 07:44 am UTC| Technicals
AUD/CAD extends higher after taking support by trendline at 0.9860, we see scope for further gains. Price action is above the daily cloud and 200-DMA, cloud top at 0.9874 also offers strong supports on the...
DAX faces strong resistance around 9860, break above targets 10165/10300
Feb 01, 2016 07:24 am UTC| Technicals
Major resistance - 9860 (trend line joining 10164 and 9925) The index has recovered till 9840 after making a low of 9591(28th Jan 29th 2016). It is currently trading at 9833. DAX is facing strong resistance...
FxWirePro: AUD/NZD consolidating break above triangle-top, weakness only below 200-DMA at 1.0902
Feb 01, 2016 07:15 am UTC| Technicals
AUDNZD is consolidating breakout above triangle top, bulls struggling to extend gains higher. The pair is holding above 200-DMA currently at 1.0902, any weakness will be seen only on breaks below. Rising hopes...
Feb 01, 2016 07:04 am UTC| Technicals
The steady surge in negative delta risk reversal would mean the OTC FX gushes towards downside risk, subsequently, puts are relatively costlier than calls as bearish momentum intensified in a long run. While IVs are...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects