FxWirePro: EURUSD strengthens with bullish bias, watch out for 1.000 levels
Dec 14, 2015 13:11 pm UTC| Technicals
EUR /USD after Fridays bounce towards 1.0994 levels slipped lower in the earlier sessions. However, after finding minor support at 1.0944, the pair has bounced towards 1.0980 levels. Further the decline is expected to...

Dec 14, 2015 13:05 pm UTC| Technicals
The yellow metal traded lower after breaking support level at 1070 in Asian session. However, after finding support at 1065 levels, the commodity has rebounded strongly and is approaching to test resistance level located...

S&P500 faces strong support around 2000, break below targets 1945
Dec 14, 2015 12:41 pm UTC| Technicals
Major support - 2000 Any break below 2000 will drag the index down till 1960/1940 in short term. Minor bullishness only above 2040 and any indicative break above will take the pair till 2060/2085 Overall...

Dec 14, 2015 11:55 am UTC| Technicals
Potential Reversal Zone (PRZ) - 1.5250 (trend line joining 1.5799 and 1.55069) The pair has made a high of 1.52395 and retreated from that level. It is currently trading around 1.51521. On the lower side major...

GBP/JPY breaks major trend line support, targets 180/176
Dec 14, 2015 11:48 am UTC| Technicals
Major long term support - 183.50 (trend line joining 168 and 174.88) The pair has broken once again monthly trend line support 183.50 after making a high of 185.39. Overall trend is still weak as long as 185.40...

FxWirePro: Copper trades in narrow range, good to buy at dips
Dec 14, 2015 11:47 am UTC| Technicals
Pattern formed - Descending triangle Major resistance -2.135 Copper has made a high of 2.135 and slightly retreated from that level. It is currently trading around 2.105. Market awaits Fed monetary policy on...

FxWirePro: NZD/USD retraces from trendline resistance at 0.6781, 0.6650 in sight
Dec 14, 2015 10:05 am UTC| Technicals
NZD/USD has retreated from strong trendline resistance at 0.6781 in Fridays trade as the greenback is seen garnering some demand as we head into FOMC later in the week. The pair has taken 10 DMA support at 0.6691 and...
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