
Jun 24, 2016 11:56 am UTC| Technicals
Major resistance 0.9835 (200 day MA) Major short-term support- 0.9680 The pair has recovered sharply after making a low of 0.9520. It is currently trading around 0.9740. USD/CHF faces strong resistance...

Jun 24, 2016 11:45 am UTC| Technicals
Technical watch: It seems CAD taking a halt from its intermediary bullish rout against USD after testing supports at 1.2672 again like it did in the1st week of this month. The pair has bounced back from the...

FxWirePro: S&P500 Long-term Outlook
Jun 24, 2016 10:09 am UTC| Technicals
The SP500 has broken a major support of 2050 and declined till 2007 at the time of writing. It is currently trading around 2046. The index has declined more than 100 points after the U.K. voted to leave the EU. The...

FxWirePro: AUD/CHF faces strong support at 0.7090, good to sell on rallies
Jun 24, 2016 09:27 am UTC| Technicals
AUD/CHF has retreated after making a high of 0.7360 and declined drastically from that level. It is currently trading around 0.72043. Short term trend is bullish as long as support 0.7030 holds. On the higher...

FxWirePro: USD/CHF faces strong resistance around 0.9830, good to buy at dips
Jun 24, 2016 08:38 am UTC| Technicals
Major resistance 0.9835 (200 day MA) Major short-term support- 0.9680 The pair has recovered sharply after making a low of 0.9520. It is currently trading around 0.9740. USD/CHF faces strong resistance...

FTSE100 trades well below 6000, decline till 5495/5225 is likely
Jun 24, 2016 07:42 am UTC| Technicals
Pattern Formed- Inverse Head and Shoulder Major resistance 6410 (Trend line joining 6487 and 6433) FTSE100 has made a high of 6384 and not able break above neckline. It has declined drastically after Britain...

FxWireProEUR/USD faces strong resistance at 200 day MA, good to sell on rallies
Jun 24, 2016 06:43 am UTC| Technicals
Major support 1.0900 (161.8% retracement of 1.14155 and 1.0971). Major resistance 1.1100 (200 day MA) The pair has broken major support 1.1000 and declined till 1.09119 after Britain vote to leave EU. It...