
FxWirePro:BTC/USD trades in narrow range, good to buy at dips
Mar 18, 2016 07:59 am UTC| Technicals
Major resistance - $425 (trend line joining $447 and $440) BTC/USD is consolidating between $420.89 and $406 for the past four trading session. It is trading around $414. Short term trend is slightly bullish as...

FxWirePro: NZD/JPY IVs accelerate on momentary gains - deploy short put ladder for hedging
Mar 18, 2016 07:27 am UTC| Technicals
Japan recorded a 242.8 billion surplus in February of 2016, compared with a 426 billion deficit a year earlier but missing market consensus of 388.6 billion surplus. Exports were dropped by a higher-than-expected 4% on...

FxWirePro: EUR/JPY extends decline after rejection a falling trendline resistance
Mar 18, 2016 07:07 am UTC| Technicals
EUR/JPY is extending decline on the day after seeing rejection at strong trendline resistance on Thursdays trade. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see...
FxWirePro: EUR/USD faces strong resistance around 1.1350, good to sell on rallies
Mar 18, 2016 06:59 am UTC| Technicals
Major resistance 1.13500 (trend line joining 1.1495 and 1.1376) The pair has made a high of 1.13424 and slightly decline from that level. It is currently trading around 1.13014. Intraday trend is slightly weak...

Mar 18, 2016 06:52 am UTC| Technicals
NZD/JPY upside stalls at strong trendline resistance, pair struggling to extend gains above. Disappointing wage negotiation results and recent weakness in Japanese economic data point to a high possibility of...
CAD/JPY struggles to break above 86.50, break above targets 87.50/89
Mar 18, 2016 06:32 am UTC| Technicals
Major resistance 86.50 (trend line joining 85.76 and 86.13) Major support 85 The pair has recovered after making a low of 84.98. It is currently trading around 85.78. The pair is facing strong resistance...

Mar 18, 2016 06:02 am UTC| Technicals
The pair rallied from 74.623 to 76.458, thats where it has struggled to hold onto the minor resistance. Bears have again been active to push back southwards at that level. It has broken supports at 75.922 levels on...