
Nikkei225 breaks major resistance at 165350, targets 17180
Feb 26, 2016 03:38 am UTC| Technicals
Major resistance - 16400 Major support -15600 The index has broken major resistance 16350 and jumped till 16458 at the time of writing . It is currently trading around 16348. Any break above 16350 confirms...

US Oil breaks major resistance at $32.75, targets $34.80
Feb 26, 2016 02:49 am UTC| Technicals
Major resistance - $32.75 (trend line joining $33.81 and $33.49) Major support - $31.50 (trend line joining $26.03 and $29.05) US Oil has broken major resistance $32.75 and jumped till $33.46. It is currently...

FxWirePro: AUD/USD key support at 0.7150, bullish in the short term
Feb 25, 2016 19:35 pm UTC| Technicals
AUD/USD inched higher in the late US session to trade around 0.7230 levels as late rebound in oil prices supported Aussie bulls. The pair remains in bullish territory unless until it trades above 0.7100...

FxWirePro: USD/CHF reverses recent rally, but bias is still bullish
Feb 25, 2016 16:27 pm UTC| Technicals
USD/CHF pair edged lower on Thursday, as the demand for safe heaven assets increased as recent rebound in oil prices faded in the US session. However downside is set to be limited as pair finds strong support at...

FxWirePro: GBP/USD holds above 1.3900 levels but upside is limited
Feb 25, 2016 16:02 pm UTC| Technicals
GBP/USD traded around 7 ½ years low on Thursday, on continued worries Britain may exit Eurozone. The pair hit low at 1.3902 in the early US session before recovering towards 1.3940 levels. Currently the pair is...

Feb 25, 2016 15:27 pm UTC| Technicals
The yellow metal inched higher on Thursday, as US dollar weakened and fresh bullion funds buying boosted yellow metals demand. The commodity rebounded strongly after finding support at 1220 in the early European session,...

FxWirePro:EUR/USD trades below 21-DMA,more downside expected
Feb 25, 2016 15:11 pm UTC| Technicals
The EUR/USD pair traded in lower range on Thursday as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the resistance level at 1.1040 is...