
BTC/USD faces strong resistance at $428, break above targets $450/$465.
Apr 12, 2016 12:58 pm UTC| Technicals
Major Resistance - $428 BTC/USD has slightly recovered after making a low of $412. It is currently trading around $425. Short term trend is slightly bullish as long as support $400 holds. On the lower side...

Apr 12, 2016 12:49 pm UTC| Technicals
Well, we kept urging for GBPAUDs weakness ever since the formation of gravestone doji and hanging man patterns in last September and November, now almost within 1-months time frame, it has shown declines of 0.37% (from...

Apr 12, 2016 11:48 am UTC| Technicals
BRL against USD hits at 3.4850 to flash a fresh 8 months highs. USDBRL forms a descending triangle pattern which is bearish continuation trend. After the pair (USDBRL) breaking below the baseline of descending...

CADCHF faces strong resistance at 0.7410, break above targets 0.7450/0.7515
Apr 12, 2016 10:50 am UTC| Technicals
Major resistance 0.7410 (trend line joining 0.75168 and 0.7457) Minor support 0.7370 CAD/CHF is facing strong resistance around 0.7410 and any break above confirms minor trend reversal .The pair has made a high...

US OIL breaks major resistance $40.80, targets $41.87/$42.73
Apr 12, 2016 09:44 am UTC| Technicals
Major resistance - $40.80 (trend line joining $50.91 and $41.87) Major support - $39 (7 day EMA) US Oil has broken major resistance $40.80 and jumped till $40.89. It is currently trading around 40.75. Short...

EUR/USD forms Diamond pattern, sell below 1.13800 for further weakness
Apr 12, 2016 09:42 am UTC| Technicals
Pattern Formed- Diamond pattern Major resistance -1.1450 Major support - 1.1370 The pair is trading in narrow range between 1.1370 and 1.14454 for the past two trading session. It is currently trading around...

FxWirePro: Capitalize on AUD/CAD's mild IVs for
Apr 12, 2016 09:26 am UTC| Technicals
Technical Glimpse: Although it has taken support at 0.9792 (channel resistance), bullish momentum is not convincing on technical indicators. It is now facing a stiff resistance at 0.9880 levels (i.e. near...