
Silver faces key resistance at $15.77, a break will targets $16.34/$17.75 marks
Mar 08, 2016 10:12 am UTC| Technicals
XAG/USD is currently trading around $15.60 marks. It made intraday high at $15.71 and low at $15.46 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $15.46...

US Dollar Index breaks major support 97, decline till 95.60 is possible
Mar 08, 2016 09:57 am UTC| Technicals
Major resistance -97.60 (55 day 4 H EMA) Major support - 97 DXY has broken major support 97 and declined till 96.90 at the time of writing. It is currently trading around 96.94. Short term trend is bearish...

FxWirePro: EUR/AUD sees strong resistance at 1.4893, breaks above could test 1.50
Mar 08, 2016 09:24 am UTC| Technicals
EUR/AUD has edged lower from session highs at 1.4893, which is strong resistance for the pair. Techs on 4-hourly charts are biased higher, and breaks above 1.4893 could take the pair to 1.50 levels. Immediate...

FxWirePro: GBP/AUD breaks strong resistance at 1.9110, focus on BoE Gov Carney's testimony
Mar 08, 2016 08:55 am UTC| Technicals
GBP/AUD has broken strong trendline resistance at 1.9110 levels, we see scope for test of 0.93 levels. The pair has hit session highs at 1.9238 and edged lower to currently trade at 1.9163 levels. Strong support...

BTC/USD trades well above $400, jump till $425/$450 is possible
Mar 08, 2016 08:51 am UTC| Technicals
Major Support - $370 BTC/USD has recovered till $415 after making a low of $382. It is trading around $412.34. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

Mar 08, 2016 08:21 am UTC| Technicals
The ECB has indicated a extra relaxation in monetary policy at its upcoming meeting day after tomorrow. But during Decembers under-deliverance highlights the risk of another disappointment, the deteriorating economic...

Mar 08, 2016 08:05 am UTC| Technicals
A shooting star candle pattern occurred at 1.5223 levels on monthly plotting, more bearish swings have been evidenced as a confirmation (see next bear candle after this pattern). The pair has been tumbling to break...