
Silver likely to consolidate below $15.92 level; break above targets $17.75 mark
Mar 07, 2016 10:12 am UTC| Technicals
Pair is currently trading at $15.66 levels. It made intraday high at $15.69 and low at $15.44 levels. Intraday bias remains bullish for the moment. On the top side, key resistance falls at $15.92. A...

FxWirePro: FTSE100 struggles to close above 6200, good to sell on rallies
Mar 07, 2016 09:21 am UTC| Technicals
Major resistance -6220 Major support -6100 (trend line joining 5494 and 5628) FTSE100 has retreated after making a high of 6219. It is currently trading around 6161. Short term trend is slightly weak as long...

FxWirePro: GBP/AUD capped below 5-DMA at 1.9250, stay short for 1.90
Mar 07, 2016 09:18 am UTC| Technicals
GBP/AUD hit fresh 10-month lows at 1.9055 in Fridays trade and is currently trading around 1.9119 on the day. Price action has broken below channel base and has dipped below the weekly cloud, momentum indicators...

FxWirePro: WTI CL1! buying set up - stay long in near month futures for targets at $38.38 and $40
Mar 07, 2016 08:43 am UTC| Technicals
Technical roundup: WTI crude oil prices showing more strength after the talks between Saudi Arabian and Venezuelan oil ministers on oil production freezing. Buying momentum has been intensifying as it has broken...

FxWirePro: EUR/AUD edges higher from multi-month lows at 1.4738, bias still lower
Mar 07, 2016 08:28 am UTC| Technicals
EUR/AUD hit fresh multi-month lows at 1.4738 in Fridays trade and had since pared some losses to currently trade 1.4806. Our call for the pair...

Mar 07, 2016 08:12 am UTC| Technicals
Stronger than expected data out of the U.S. supported this weeks risk-on bias in global financial markets. Nonfarm payrolls took centre stage at the end of the week adding 242k jobs in February. Though we are of the...

FxWirePro: GBP/USD faces strong resistance at 1.4265, good to sell on rallies
Mar 07, 2016 07:49 am UTC| Technicals
Major resistance - 1.4265 (trend line joining 1.46680 and 1.45780 and 200 day 4H MA) The pair has retreated after making a high of 1.4248. It is currently trading around 1.41930. Short term trend is slightly weak...