
Mar 29, 2016 11:44 am UTC| Technicals
Last month, The campaign for Britain to leave the EU enjoys an eight-point lead when peoples likelihood to vote is taken into account, according to a poll forThe Independent. Britain departing from the European...

FxWirePro: GBP/JPY faces strong resistance at 162.80, good to sell on rallies
Mar 29, 2016 10:41 am UTC| Technicals
Major resistance - 162.80 Minor support - 161.30 Major support 160.50 (200 day 4 HMA) The pair has broken minor resistance 161.80 and jumped till 162.34 at the time of writing. It is currently trading around...

Mar 29, 2016 10:17 am UTC| Technicals
Although we are seeing upswings, we suspect the sustenance and could foresee the many technical obstacles for its sustainability. Be cautious and stay away between 1.4280 - 1.4229: Further gains depends on break-out...

FxWirePro :FTSE100 faces strong resistance around 6200, good to sell on rallies
Mar 29, 2016 09:32 am UTC| Technicals
Major resistance - 6200 Major support - 6090 The index has retreated after making a high of 6158 at the time of writing . It is currently trading around 6126. Intraday minor resistance is around 6160 and...

Mar 29, 2016 08:45 am UTC| Technicals
EUR/SEKis currently trading around 9.2563 levels. It made intraday high at 9.2814 and low at 9.2511 levels. Today Sweden released retail sales data with negative numbers at -0.2% m/m vs 1.1% m/m previous...

Mar 29, 2016 08:41 am UTC| Technicals
1W GBPCAD ATM implied volatilities have been just shy below 11% (10.94% to be precise) which in turn a cause of concern as to whether spot FX would move in sync with vols or not. Because sterling holding stronger from...

USD/CNY hovers around 6.5100 mark, intraday bias remains neutral
Mar 29, 2016 08:16 am UTC| Technicals
USDCNY is currently trading around 6.5097 levels. It made intraday high at 6.5153 and low at 6.5050 levels. Intraday bias remains neutral for the moment. A sustained break above 6.5195 will tests another...