
FxWirePro:DAX30 faces strong resistance at 10500, good to sell on rallies
Jun 08, 2016 09:47 am UTC| Technicals
Major resistance 10450-10500 (161.8% retracement of 10285 and 10038 and Apr 21st high) Major support 10000 (90 day EMA) DAX has jumped till 10317 yesterday after making a low of 10038 on 3rd Jun 2016.The index...

Jun 08, 2016 08:32 am UTC| Technicals Research & Analysis
Although the pair has been showing strength in recent times, bears are active crucial resistance at 0.9526 levels. Last 2 months of declining rallies have halted after testing supports at 0.9331 levels and 1st week of...

FxWirePro: BTC/USD struggles to break above $600, good to sell on rallies
Jun 08, 2016 07:53 am UTC| Technicals
Chart pattern formed - Double top BTC/USD has formed a double top around $600 and slightly declining from that level. It is currently trading around $575. The pair is facing psychological resistance around $600...

FxWirePro: AUD/CAD finds stiff resistance at 0.9542, good to sell rallies
Jun 08, 2016 07:37 am UTC| Technicals
AUD/CAD is extending downside from 1-month highs of 0.9545 hit on Tuesday. Intraday bias for the pair is lower, pair finds immediate support at 0.9455 (trendline), then 0.9446 (10-DMA). Major resistance is seen...

FxWirePro: EUR/AUD holds above 100-DMA support, break below could see further weakness
Jun 08, 2016 07:05 am UTC| Technicals
EUR/AUD seeing some recovery from 5-week lows of 1.5217 and is currently trading around 1.5279 levels. The pair is holding above strong support by 100-DMA at 1.5186, break below needed for further downside. Our...

CAD/JPY faces resistance at 84.25, break above targets 85/85.50
Jun 08, 2016 07:04 am UTC| Technicals
Major resistance 84.25 (trend line joining 84.43 and 84.31) Major support 83.60 (90 H EMA) CAD/JPY has jumped till 84.21 after making a low of 83.74 at the time of writing. It is currently trading around...

FxWirePro: GBP/JPY faces strong resistance at 158, good to sell on rallies
Jun 08, 2016 06:09 am UTC| Technicals
Major resistance 156.60 (Hourly Kijun-Sen) Major support 155 (Cloud bottom) The pair has once again retreated after making a high of 157.55.GBP/JPY is weak as long as resistance 158 holds. Short term...