GBP/JPY faces strong resistance around 167.85, break above targets 172
Jan 22, 2016 05:33 am UTC| Technicals
Major resistance - 167.85 (Tenken-Sen) Major intraday Support -166.80 (5 day MA) GBP/JPY has broken minor trend line resistance around 167 and is currently trading around 167.70. It is facing resistance around 167.85...
FxWirePro: AUD/JPY extends recovery from multi-year lows, 83.60 next likely bull target
Jan 22, 2016 05:20 am UTC| Technicals
AUD/JPY is extending recovery from multi-year lows at 79.21, however upside seems to have stalled at 82.80. Momentum indicators have turned positive for the pair: -Stochs have rolled over from oversold territory with...
Gold hovers around $1,100 mark, sentiment remains fragile
Jan 22, 2016 05:06 am UTC| Technicals
Gold stepped down from its recent one and a half week high on Thursday, as its safe-haven appeal waned while European equities tried hard to stay in the green and the US dollar held firm. Over the past few weeks, the...
FxWirePro: USD/JPY holds above 5-DMA at 117.45, good to go long on dips
Jan 22, 2016 04:31 am UTC| Technicals
USD/JPY upside picked-up pace over the last hours and the pair now attempting to retake the 118 handle. Technicals on dailies, Stochs, RSI and MACD - all supporting price rise, pair also closed above 5-DMA on Thursdays...
Major Asian Indices Technicals
Jan 22, 2016 03:09 am UTC| Technicals
Hang Seng: Hang Seng has recovered after making a low of 18522. It is currently trading around 18917. Short term trend is still weak as as resistance 19500 holds. The index minor resistance is at 19300 and any...
FxWirePro: EUR/USD regains upwards momentum but bias remains bearish
Jan 21, 2016 19:20 pm UTC| Technicals
EUR/USD declined sharply lower after European Central bank hinted further stimulus in todays ECB press conference that hurt Euro bulls. ECB president Mario Draghi said turmoil in financial markets and concerns over China...
Jan 21, 2016 17:34 pm UTC| Technicals
The yellow metal has declined to trade around 1095 levels, after posting its biggest gain in two weeks. The commodity came under pressure after ECB President Mario Draghi hinted the central bank could launch further...
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