Major Asian Indices Technicals
Feb 15, 2016 03:04 am UTC| Technicals
Nikkei: Nikkei breaks major resistance around 15600 and jumped till 15700 at the time of writing. It is currently trading around 15670. Short term trend is bullish as long as support 15200(21 day H MA)...

FxWirePro: AUD/USD gains some upside momentum still bearish
Feb 12, 2016 18:52 pm UTC| Technicals
AUD/USD strongly rebounded erasing earlier losses on Friday as strong rebound in oil prices and slight weakness in US dollar supported Aussie bulls. Much of the rebound was due to global oil prices gaining as much as...

FxWirePro: EUR/USD reverses recent rally, bias back to downside
Feb 12, 2016 15:45 pm UTC| Technicals
EUR declined against US dollar on Friday after data showed US consumer spending appeared to have gained strength. The pair extended its decline from 1.1324 to hit low at 1.1225 in the early US session. Further...
Gold retreats from daily high, outlook bullish - long around 1219, targets around 1247/1272, SL 1206
Feb 12, 2016 14:47 pm UTC| Technicals
Gold has retreated after finding resistance at 1262 levels to trade around 1235 levels, erasing some earlier gains made in the previous European session. However, downside is set to be limited as the commodity finds...

FxWirePro: GBP/USD struggles to break above 1.4580, good to sell on rallies
Feb 12, 2016 12:21 pm UTC| Technicals
Major resistance - 1.4580 (trend line joining 1.5240 and 1.46633) Cable has retreated after making a high of 1.45635 yesterday and started to decline from that level . It is currently trading around 1.4492. Short term...

Feb 12, 2016 11:47 am UTC| Technicals
Harmonic Pattern - Bearish BAT Pattern Potential Reversal Zone (PRZ) -1.1380 The pair has made a high of 1.1375 and started to decline from that level. It is currently trading around 1.13055. On the lower...

GBP/CHF breaks major resistance at 1.4207, jump till 1.4480 is possible
Feb 12, 2016 10:53 am UTC| Technicals
Major resistance -1.4207 (Feb 10th 2016) GBP/CHF has recovered after making a low of 1.39250. it is currently trading around 1.4198 The pair has broken major resistance 1.4207 and any break above 1.4207 confirms...