
Feb 15, 2016 08:45 am UTC| Technicals
Yet, short-lived impact of the surprise NIRP decision on the JPY raises questions on the efficacy of further easing to stem appreciation pressures and global risk dynamics will likely prevail as main driver of the...

Feb 15, 2016 08:02 am UTC| Technicals
After the steep slumps, if you are expecting reversal upswings then you are likely to get bull trapped if you are initiating longs for longer terms. Since the formation of shooting star pattern candle at resistance...

FxWirePro: BTC/USD breaks major resistance $402, jump till $450 is possible
Feb 15, 2016 07:50 am UTC| Technicals Digital Currency
BTC/USD breaks major resistance $402 and jumped till $409. It is currently trading around $404. Short term trend is slightly bullish as long as support $380 holds. On the higher side any break above $402 will take...
U.S. Dollar to find support this week against EM currencies
Feb 15, 2016 07:32 am UTC| Technicals
USD has declined against all major currencies and EM currencies previous week. Downside may be limited and it is expected to take support in the near term as markets already priced in a somewhat gloomy outlook for the US...

Gold shy to cross $1300 mark, supported below $1220
Feb 15, 2016 07:00 am UTC| Technicals
Pair is currently trading at $1218 levels. It made intraday high at $1238 and low at $1214 levels. Intraday bias remains neutral for the day. A daily close below $1214 will drag the parity below $1200...

FxWirePro: AUD/CAD multiple rejections at trendline reinforce downside, good to short rallies
Feb 15, 2016 06:38 am UTC| Technicals
AUD/CAD has shown multiple rejections at falling trendline resistance in the previous week. The pair has been trading a falling wedge and price action has been contained within the daily cloud. Strong resistance...

U.S Oil trades above major resistance $29.05, jump till $31.50 is possible
Feb 15, 2016 06:25 am UTC| Technicals
Major resistance - $29.05 (7 day EMA) Major support - $28.20 US oil has closed above $29.05 on Friday and jumped till $29.63. It is currently trading above $29.40. Short term trend is bullish as long as...