Feb 02, 2016 09:25 am UTC| Technicals
Candlestick Pattern- Shooting star Major trend line resistance -2.01850 (trend line joining 2.0369 and 2.02779) The pair has made a high of 2.01844 and started to decline from that level. It is currently trading...
Feb 02, 2016 09:05 am UTC| Technicals
EUR/JPY uptrend from 126 lows (Jan 21st) is stalling by strong trendline resistance at 132 levels. A clean break above is needed for further upside, but Techs are not providing much support, Stochs are in...
Feb 02, 2016 08:34 am UTC| Technicals
About a fortnight ago (precisely on 19th Jan) while conducting weekly and daily technical trend analysis of EURCAD, we had spotted bearish signals through which we were able to accurately anticipate the bearish targets....
FxWirePro: DAX faces strong resistance around 9860, good to sell on rallies
Feb 02, 2016 07:50 am UTC| Technicals
Major resistance - 9860 (trend line joining 10164 and 9925) The index has recovered till 9848 yesterday and started to decline from that level. It is currently trading at term trend is weak as long as resistance 9860...
Feb 02, 2016 07:27 am UTC| Technicals
As anticipated, the RBA board meeting for interest rate decision, has not bring in any change, that the board has decided to hold the cash rate steady at 2.0%. With the market probability of a move near to zero, that is a...
FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Feb 02, 2016 07:24 am UTC| Technicals Digital Currency
BTC/USD is trading in narrow range $380-$364 for the past two trading session.It is trading around $373. Intraday trend is weak as long as long as resistance $402 holds. On the higher side any break above $402 will...
FxWirePro: AUD/NZD slips below 200-DMA, good to sell rallies
Feb 02, 2016 07:07 am UTC| Technicals
AUD/NZD edges lower after being rejected at trendline resistance by 1.0970, currently trades at 1.0850. The pair slipped and closed below 200-DMA (currently at 1.0905) in Mondays trade raising scope for further...
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