
Mar 31, 2016 08:24 am UTC| Technicals
Technical Inference: Broken rising wedge base on daily chart at around 1240 levels. Currently, experiencing resistance between 1245-1250 range. Daily RSI has been converging downwards with every dips ever since it...

FxWirePro: GBP/NZD momentum turns bearish, good to sell rallies
Mar 31, 2016 08:11 am UTC| Technicals
GBP/NZD has been trading a falling wedge formation and has resumed downside after multiple rejections at wedge top. Downside has been supported with rising volumes and Technicals confirm further...

FxWirePro: FTSE100 faces strong resistance at 6245, good to sell on rallies
Mar 31, 2016 07:57 am UTC| Technicals
Major resistance 6245(200 day MA) Major support - 6080 The index has retreated after making a high of 6220 yesterday. It is currently trading around 6165. Major resistance is around 6245 (200 day MA) and...

FxWirePro: Silver remains firm above $15.20, good to buy on dips
Mar 31, 2016 07:54 am UTC| Technicals
XAG/USD is currently trading around $15.24 levels. It made intraday high at $15.28 and low at $15.17 levels. Intraday bias remains bullish for the moment. A daily close below $15.17 will tests key supports...

FxWirePro: BTC/USD faces strong resistance at $428, good to sell on rallies
Mar 31, 2016 07:19 am UTC| Technicals
Major resistance - $428 (trend line joining $502.48 and $465) BTC/USD has slightly recovered after making a low of $407.It is currently trading around $414.87. Short term trend is slightly weak as long as...

GBP/JPY breaks major support 161.30, decline till 160/158.50 is possible
Mar 31, 2016 06:31 am UTC| Technicals
Major support- 161.30 Major resistance 162.60 The pair has retreated after making a high of 162.57 yesterday. It is currently trading around 160.99. Short term trend is weak as long as 162.60 holds. On...

Mar 31, 2016 06:15 am UTC| Technicals
The weekly prices slid below 7 21DMAs, attempting to break neckline supports 1.4670 with downward convergence by leading oscillators. See for break below major support -1.4670 (neckline of double top). On monthly...