
FxWirePro: GBP/AUD breaks strong resistance at 1.9110, focus on BoE Gov Carney's testimony
Mar 08, 2016 08:55 am UTC| Technicals
GBP/AUD has broken strong trendline resistance at 1.9110 levels, we see scope for test of 0.93 levels. The pair has hit session highs at 1.9238 and edged lower to currently trade at 1.9163 levels. Strong support...

BTC/USD trades well above $400, jump till $425/$450 is possible
Mar 08, 2016 08:51 am UTC| Technicals
Major Support - $370 BTC/USD has recovered till $415 after making a low of $382. It is trading around $412.34. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

Mar 08, 2016 08:21 am UTC| Technicals
The ECB has indicated a extra relaxation in monetary policy at its upcoming meeting day after tomorrow. But during Decembers under-deliverance highlights the risk of another disappointment, the deteriorating economic...

Mar 08, 2016 08:05 am UTC| Technicals
A shooting star candle pattern occurred at 1.5223 levels on monthly plotting, more bearish swings have been evidenced as a confirmation (see next bear candle after this pattern). The pair has been tumbling to break...

FxWirePro: Buy USD/MXN around 17.75, stop loss 17.69 and book profit around 18.31/ 18.94 levels
Mar 08, 2016 07:55 am UTC| Technicals
Pair is currently trading at 17.80 marks. It made intraday high at 17.81 and low at 17.73 levels. Intraday bias remains bullish till the time pair holds key support at 17.69 levels. Alternatively, a daily...

DAX30 struggles to break above 9900, targets 9300
Mar 08, 2016 07:38 am UTC| Technicals
Major resistance - 9925 Major support - 9660 (200 day 4 HMA) DAX has retreated after making a high of 9900. It is currently trading around 9710. Short term trend is still weak as long as resistance 9925...

FxWirePro: CAD/JPY forms bearish BAT pattern, good to sell on rallies
Mar 08, 2016 07:12 am UTC| Technicals
Pattern Formed - Bearish BAT Pattern Potential Reversal Zone (PRZ) - 86.16 The pair has retreated after making a high of 85. is currently trading around 84.76. Short term trend is weak as long as resistance...