
Jun 07, 2016 11:36 am UTC| Technicals
Major resistance 0.7225 (200 4 H MA) The pair has broken the minor resistance of 0.7160 (90 4H EMA) and jumped till 0.72147. It is currently trading around0.72105. Short-term trend is slightly bullish as long as...

FxWirePro: USD/CAD faces support at 161.8% extension, good to buy at dips
Jun 07, 2016 10:18 am UTC| Technicals
Major support -1.2760 (161.8% retracement of 1.29107 and 1.3140) USD/CAD has broken major psychological support 1.2800 and declined from that level. It is currently trading at 1.27738. Short term trend is...

ETH/USD breaks major resistance $14, jump till $14.85/$15.20 is possible
Jun 07, 2016 09:20 am UTC| Technicals
Major intraday support - $13.20 (21 day MA) Major resistance- $14 The pair has broken major resistance $14 and jumped till $14.04 at the time of writing .Any violation above will take the ethereum till...

FxWirePro: 'Shooting Star' formed at highs, EUR/GBP could test 0.77 levels
Jun 07, 2016 09:05 am UTC| Technicals
EUR/GBP saw a gap up open on Mondaybut was unable to extend gains beyond the 0.79 handle. 0.7906 is stiff resistance which is 61.8% Fib retrace of 0.8117 (Apr 7th high) to 0.7565 (May 25th low). EUR/GBP plunged...

FxWirePro: BTC/USD faces strong resistance at $600, good to buy at dips
Jun 07, 2016 07:56 am UTC| Technicals
BTC/USD has recovered strongly after making a low of $558. It is currently trading around $584. The pair is facing psychological resistance around $600 and the break will take the pair till $630 ((161.8% retracement...

FxWirePro: S&P 500 faces strong resistance at 2119, good to sell on rallies
Jun 07, 2016 07:23 am UTC| Technicals
Major resistance- 2119 (161.8% retracement of 2105.4 and 2084.30) SP500 has broken psychological resistance 2100 and jumped till 2113.90. It is currently trading around 2111.90. The index major resistance is...

FxWirePro: AUD/JPY struggles at the 80 handle, bias higher, good to buy dips
Jun 07, 2016 07:23 am UTC| Technicals
AUD/JPY struggles to extend gains above the 80 handle, bias is higher, we see scope for test of 80.85 (trendline). Aussie buoyed after RBA Board decided to leave the cash rate unchanged at 1.75 per cent and sounded...