
Mar 11, 2016 10:26 am UTC| Technicals
Major resistance - 163.22 (127% retracement of 162.43 and 159.48) Major support - 160.80 The pair has made a high of 162.99 and started to retreat from that level. Short term trend is bullish as long as support...

USD/TRY hits fresh 3 month low at 2.8729, intraday bias remains bearish
Mar 11, 2016 10:05 am UTC| Technicals
USD/TRY is currently trading at 2.8795 levels. It made intraday high at 2.8921 and low at 2.8729 levels. Intraday bias remains bearish for the moment. A recent down fall from the 2.9991 was a corrective...

FxWirePro: Hedge NZD/USD's risks via 3 way straddles versus call
Mar 11, 2016 09:56 am UTC| Technicals
Since, we could foresee risk bias on both sides, as the long term downtrend has given trend reversal signal or it is just puzzling. Well, technically although this pair has tested supports minor supports at 0.6626...

EUR/NOK hits fresh 14- days high as well as low in a single day on the back economic data
Mar 11, 2016 09:37 am UTC| Technicals
EUR/NOK is currently trading around 9.4808 levels. It made intraday high at 9.5343 and low at 9.4529 levels. Intraday bias remains neutral for the moment. Yesterday both the countries released key economic...

FxWirePro: Silver forms Bearish Shark Pattern, good to sell on rallies
Mar 11, 2016 09:24 am UTC| Technicals
Harmonic pattern - Bearish Shark pattern Potential reversal Zone (PRZ) - $15.80 Silver has retreated after making a high of $15.71. It is currently trading around $15.50. Short term trend is bearish as long...

Mar 11, 2016 08:19 am UTC| Technicals
Although this pair has tested supports minor supports at 0.6626 levels, bearish pressures at 0.6699 cant be disregarded for short term trend . On the contrary, a potential breach of 0.6699 would determine short term...

FxWirePro: EUR/CAD weakness only below 200-DMA at 1.4685, good to long dips
Mar 11, 2016 08:00 am UTC| Technicals
EUR/CAD reversed the dips to 1.4389 post ECB and has edged higher to currently trade at 1.4787 levels. The pair has closed above 200-DMA and weakness can be seen only on close below 200-DMA currently at...