Mar 16, 2016 08:22 am UTC| Technicals
After the rejection of resistance at 1.4385 levels bearish trend is back in business. Amid monetary policy season from both Fed and BoE, the pair has been dropping below crucial supports at 1.4343 and 1.4152 levels with...

FxWirePro: EUR/GBP edges lower from session highs at 0.7871, focus on UK employment data
Mar 16, 2016 08:21 am UTC| Technicals
EUR/GBP was trading at 0.7850, slight weakness seen in the pair which has edged lower from session highs at 0.7871. Markets await UK employment and wage growth data due in the EU session which could impact BOE rate...

FxWirePro: BTC/USD trades flat, good to buy at dips
Mar 16, 2016 08:06 am UTC| Technicals Digital Currency
Major resistance - $425 BTC/USD is consolidating between $421.59 and $406 for the past three trading session. It is trading around $414. Short term trend is slightly bullish as long as support $370 holds. On...

Silver remains well supported above $15.20, good to buy on dips
Mar 16, 2016 07:39 am UTC| Technicals
Pair is currently trading at $15.25 levels. It made intraday high at $15.29 and low at $15.21 levels. Intraday bias remains bullish for the moment. On the top side, key resistance level falls at $15.56...

GBP/JPY faces strong support around 159.50, break below targets 158/156.50
Mar 16, 2016 07:34 am UTC| Technicals
Major support 159.50 Major intraday resistance 160.50 (7 day 4 H EMA) The pair has slightly recovered till 160.45 after making a low of 159.54. It is currently trading around 159.94. Any break below 159.50...

CAD/JPY takes support near trend line, jump till 86.25 is possible
Mar 16, 2016 07:27 am UTC| Technicals
Major support -84.16 (trend line joining 82.77 and 83.67) Major resistance 85 The pair has taken support around trend line and recovered from that level. It is trading around 84.86. Short term trend is...

Mar 16, 2016 07:15 am UTC| Technicals
The APAC currencies (Australian and New Zealand dollar) moved lower against their U.S. counterpart on yesterday, after the Reserve Bank of Australia indicated the likelihood for additional rate cuts as businesses seem edgy...