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FxWirePro: Buy DAX30 around 9930-9950 with SL around 9800 for the TP of 10160/10400

Mar 10, 2016 13:01 pm UTC| Technicals

Major resistance - 9925 (Jan 27th high) Major support -9840 (3 day EMA) DAX30 has broken major resistance 9926 and jumped till 9987 at the time of writing.It is curretly trading around 9966 Buy DAX30 around 9930-9950...

FxWirePro: GBP/USD faces strong support at 1.4170, good to sell on rallies

Mar 10, 2016 12:05 pm UTC| Technicals

Major resistance - 1.42760 (trend line joining 1.46633 and 1.45704) Major support - 1.41700 The pair has retreated once again after making a high of 1.4240. It is currently trading around 1.42040. Short term trend is...

BTC/USD trades flat, break above $415 targets $450

Mar 10, 2016 11:04 am UTC| Technicals Digital Currency

Minor resistance - $415 BTC/USD has recovered till $415 after making a low of $382. It is trading around $410. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

CAD/CHF Trade Idea

Mar 10, 2016 10:18 am UTC| Technicals

Candle Stick pattern- Shooting Star Major resistance - 0.7550 (trend line joining 0.74615 and 0.75163) Major support - 0.74350 (trend line joining 0.71350 and 0.73922) Canadian dollar gained against all major pairs...

EUR/CHF fails to break key resistance at 1.10, intraday bias remains bearish for the moment

Mar 10, 2016 09:59 am UTC| Technicals

Pair is currently trading around 1.0930 levels. It made intraday high at 1.0974 and low at 1.0928 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.0999 levels. Alternatively, current...

USD/CHF faces strong resistance around 1.00380, break above targets 1.0130/1.01920

Mar 10, 2016 09:34 am UTC| Technicals

Pattern Formed- Cup and handle Major resistance - 1.00377 The pair has retreated after making a high of 1.00370. It is currently trading around 0.99710. Short term bullishness can be seen only above 1.00400...

FxWirePro: EUR/JPY rangebound, awaits ECB policy meeting

Mar 10, 2016 09:08 am UTC| Technicals

The single currency remains under pressure in early Europe, leaving the EUR/JPY largely rangebound. The pair has been trading a falling wedge pattern, and is consolidating bounce off wedge base at 122.05 on March 1st...

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