
GBP/USD faces minor resistance at 1.4100, break above targets 1.4200/1.42452
Mar 24, 2016 09:46 am UTC| Technicals
Major support -1.4050 (Mar 16th low) Minor resistance -1.4100 (trend line joining 1.4120 and 1.4104) The pair has once recovered after making a low of 1.40580. it is currently trading around 1.40872. The...

DAX30 forms Gravestone Doji, decline till 9650 is possible
Mar 24, 2016 09:09 am UTC| Technicals
Candle stick pattern- Gravestone Doji Major resistance -10120 Dax has retreated after making a high of 10116.It is currently trading around 9967. Short term trend is weak as long as resistance 10120 holds....

Mar 24, 2016 08:50 am UTC| Technicals Central Banks
USD/TWD is currently trading around 32.53 levels. It made intraday high at 32.71 and low at 32.45 levels. Taiwan Central bank cuts benchmark interest rate by 0.125 pct point to 1.5 pct. Taiwan central bank...

Mar 24, 2016 08:36 am UTC| Technicals
Technical glimpse: The pair has been tepid but slightly bearish bias from last couple of months (see monthly charts). On daily charts, one can see prices can go either way upon make or break of 0.9776 on a closing...

Silver hits fresh 2 –week low, intraday bias remains neutral
Mar 24, 2016 08:26 am UTC| Technicals
XAG/USD is currently trading around $15.18 levels. It made intraday high at $15.28 and low at $15.11 levels. Intraday bias remains neutral for the moment. Silver fails to sustain above $16.00 and turns the...

Mar 24, 2016 08:01 am UTC| Technicals
The pair is facing a stiff resistance at 0.9776, break-out above may see upside potential upto 0.9832. It has taken supports at 0.9744 levels (7EMA on 4H). Stochastic is boiling up with overbought pressures. We...
FxWirePro: USD/CAD trades higher on weak oil price, good to buy at dips
Mar 24, 2016 08:00 am UTC| Technicals
Major resistance -1.3235 (trend line joining 1.3858 and 1.3405) Major support - 1.3140 (resistance turned in to support) Lonnie has broken minor resistance 1.3140 yesterday and jumped till 1.3219. The pair has...