FTSE100 breaks major resistance 6000, jump till 6170 is possible
Jan 29, 2016 08:09 am UTC| Technicals
FTSE100 has once again broken psychological resistance 6000 after making a low of 5887. Short term trend is bullish as long as support 5900 holds. On the higher side it is facing resistance around 6020 and any break above...
CHF/JPY breaks major resistance around 119, jump till 122 is possible.
Jan 29, 2016 07:32 am UTC| Technicals
Major resistance -118.92 (Jan 8th 2016) The pair has broken major resistance 118.92 in morning after BOJ eases monetary policy further . BOJ has made a shocking decision to adopt negative interest rates to...
FxWirePro: AUD/USD extends gains above 0.71 handle, further upside in store
Jan 29, 2016 06:52 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-holds-above-070-handle-good-to-buy-dips-weakness-only-below-06920-149966) has hit targets. AUD/USD is extending gains for the fourth consecutive session, pair...
USD/CAD faces strong support at 1.3980, break below targets 1.3885
Jan 29, 2016 06:37 am UTC| Technicals
Major Support: 1.3980 (trend line joining 1.4044 and 1.4028) Minor intraday resistance -1.4040 (20 day HMA) Any break below 1.3980 will drag the pair down till 1.3900/1.38850/1.3830. On the higher side major...
Euro firm above $1.09, Euro zone CPI in focus
Jan 29, 2016 06:33 am UTC| Technicals
Pair is well supported above $1.09 level, made intraday high at $1.0948, low at $1.0882 marks. Intraday bias remains bearish below $1.0967 levels. A break of $1.0900 level may drag the parity towards $ 1.0782 and...
FxWirePro: ATM puts in AUD/NZD option strips add leveraging effect in speculation
Jan 29, 2016 06:10 am UTC| Technicals
Technical glance: On 4-hourly chart, RSI bearish crossover at 70s, while %D line crossover at overbought territory intensifies more selling pressures. We foresee the pair could still drag towards downwards up to...
S&P500 faces resistance at 1910, break above targets 1954/1975
Jan 29, 2016 05:59 am UTC| Technicals
Major resistance- 1910 (trend line joining 1954 and 1916). The index is facing strong resistance around 1910 and any break above will take the index to next level till 1955/1973 (200 day 4 HMA). On the lower side...
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