
FxWirePro: AUD/CAD breaks strong trendline resistance at 0.9910, good to buy dips
Mar 09, 2016 07:53 am UTC| Technicals
AUD/CAD has broken strong trendline resistance at 0.9912 in Tuesdays trade and has closed above. The pair finds next strong resistance at 0.9990 levels (double top 17th Dec and Jan 28th). Breaks above could take...

FTSE100 faces strong support at 6100, break below targets 6000
Mar 09, 2016 07:52 am UTC| Technicals
Major support - 6100 Minor resistance - 6160 (trend line joining 6218 and 6195) The index is consolidating in narrow range between 6218 and 6100 for the past five trading session. It is currently trading around...

Mar 09, 2016 07:42 am UTC| Technicals
Euros tepid movements against Kiwi dollar so far were restrained by RBNZs monetary policy that is scheduled tomorrow, we expect they will keep the OCR on hold at 2.5%. As a result euro short term bulls tend to get...

FxWirePro:BTC/USD consolidating in narrow range, good to buy at dips
Mar 09, 2016 07:35 am UTC| Technicals Digital Currency
Minor resistance - $415 BTC/USD has recovered till $415 after making a low of $382. It is trading around $410. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

Malaysian ringgit falls against US dollar ahead of Malaysia’s policy rate decision
Mar 09, 2016 06:57 am UTC| Technicals
USD/MYR is currently trading around 4.1237 levels. It made intraday high at 4.1343 and low at 4.11 levels. Intraday bias remains bullish till the time parity holds key support at 4.0700...

FxWirePro :CHF/JPY forms Bullish Cypher pattern, good to buy at dips
Mar 09, 2016 06:45 am UTC| Technicals
Harmonic Pattern Formed - Bullish Cypher pattern Potential Reversal Zone (PRZ) - 112.34 The pair has made a low of 112.67 at the time of writing and slightly recovered from that level. It is currently trading...

FxWirePro: USD/CNY refrains to fall below 6.5040, China CPI data in focus
Mar 09, 2016 06:35 am UTC| Technicals
Pair is currently trading at 6.5121 levels. It made intraday high at 6.5121 and 6.5044 levels. Intraday bias remains bullish for the moment. A daily close below 6.5040 will take the parity towards key...