Mar 22, 2016 08:53 am UTC| Technicals
Technical glimpse: A shooting star pattern candle formed at peak of 2.9466 on monthly chart of this exotic pair. Uptrend drifts in sideways from last 6 months or so, but now shooting star appears at peaks with...

Mar 22, 2016 08:29 am UTC| Technicals
ATM IVs of 1W expiries are at 7.41%, and 8.59% for 1M tenor. Although the momentum in long term bull trend is reduced, but from last couple of weeks regained the strength, Aussie dollar against Kiwi dollar has been...

Cable breaks major support 1.4350, targets 1.4200
Mar 22, 2016 08:09 am UTC| Technicals
Major Support - 1.4350 Major Intraday resistance - 1.4400 The pair has broken major support 1.4350 and declined till 1.4335 at the time of writing. It is currently trading around 1.4345. Short term trend is...

FxWirePro: US OIL faces major resistance at $42.10, good to sell on rallies
Mar 22, 2016 07:53 am UTC| Technicals
Major resistance - $42.10 (200 day MA) Major intraday support - $40.75 US Oil has made a double top around $41.78 and started to decline from that level. It is currently trading around $41.50. Intraday trend...
Silver enjoys roller coaster movement, supported just below $16.00
Mar 22, 2016 07:44 am UTC| Technicals
XAG/USD is currently trading around $15.95 levels. It made intraday high at $15.98 and low at $15.77 levels. Intraday bias remains bullish for the moment. Silver fails to sustain below $15.70 and trading...
FxWirePro: Gold faces major support around $1230, good to buy at dips
Mar 22, 2016 07:08 am UTC| Technicals
Major Support - $1230 (trend line joining $1190 and $1225) Major resistance - $1261 (trend line joining $1284 and $1270) Yellow metal has made a low of $1240 and started to recover from that level. Short term...
FxWirePro: AUD/NZD bulls sceptic at 1.1290 but aggressive speculators can make money via
Mar 22, 2016 06:37 am UTC| Technicals
From 18th March Aussie dollar against Kiwi dollar has been recovering its last weeks price losses, bulls continued to carry forward gains from the lows of 1.1147 to the current 1.1246 (almost about 0.88%). At 1.1147, it...