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GBP/JPY Trade idea

Feb 15, 2016 11:30 am UTC| Technicals

Major Resistance - 165.15 (trend line joining 173.75 and 170.63) GBP/JPYbreaks trend line 165.20 and jumped till 165.75. It is currently trading around 165.05. On the downside Minor support is around 163.95 and...

USD/CHF technical outlook

Feb 15, 2016 11:13 am UTC| Technicals

Pair is currently trading at 0.9828 levels. It made intraday high at 0.9840 and low at 0.9763 levels. Recent development is raising the chance of medium term trend reversal. Short term trend remains bullish till...

AUD/USD intraday bias remains neutral, RBA meeting minutes in focus

Feb 15, 2016 10:15 am UTC| Technicals Central Banks

Pair is well supported above $0.7100 levels. It made intraday high at $0.7171 and low at $0.7100 levels. Corrective rebound from $0.6826 should have completed at 0.7241 already. On the top side, a daily...

S&P500 faces strong resistance around 1890, break above targets 1950

Feb 15, 2016 10:07 am UTC| Technicals

Major resistance -1890 Major support -1860 The index is facing major resistance around 1890 (trend line joining 2082 and 1946) and any break above confirms minor trend reversal, a jump till 1946 is...

USD/INR well supported above 68.00 mark, short on rallies

Feb 15, 2016 09:16 am UTC| Technicals

Pair is currently trading at 68.1050 marks. It made intraday high at 68.19 and low at 68.06 levels. A daily close above 68.46 marks will take the parity towards new multi year high above 69.22 levels. On the...

FTSE 100 breaks trend line resistance, targets 5950

Feb 15, 2016 09:10 am UTC| Technicals

Major trend line resistance -5780 (Trend line joining 6129 and 6085) Major support -5720 The index has broken major resistance 5780 and jumped till 5837. It is currently trading around 5805. Short term trend...

USD/INR well supported above 68.00 mark, short on rallies

Feb 15, 2016 09:03 am UTC| Technicals

Pair is currently trading at marks. It made intraday high at and low at levels. A daily close above marks will take the parity towards new multi year high above levels. On the other side, recent downfall...

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