Major European indices Technicals
Dec 11, 2015 08:00 am UTC| Technicals
Germany DAX Index: Germany DAX index has recovered till 10664 after making a low of 10448. It is currently trading at 10592. The index minor support is around 10440 and break below targets 10370/10000. On...
FxWirePro: Oil – what are next target areas?
Dec 11, 2015 07:40 am UTC| Commentary Technicals
Oil bears are just not backing down, even if the price is inches away from its lowest level in 2008/09. During the financial crisis WTI price hit as low as $36.18/barrel in the spot market for immediate delivery and today...

Dec 11, 2015 07:26 am UTC| Technicals
Option Currency Hedging: Debit Put spreads For today, no doubt upswings are rallying on this pair in abrupt but any continued downswings may turn adversely as we think the current downtrend holds stronger, so weve...

FxWirePro: USD/CAD hits new 11-year high on weak crude oil prices, good to buy at dips
Dec 11, 2015 07:24 am UTC| Technicals
USD/CAD has gained today till 1.3660 to new 11 year high as oil hits New Year low of $36.38/bl yesterday. WTI Crude Oil has broken previous low of $37.63 and declined till $36.38 (2015 low). The pair has broken major...

FxWirePro: Watchout for AUD/NZD breaks above 1.0823 for further bullishness
Dec 11, 2015 07:13 am UTC| Technicals
AUD/NZD bears unable to push the pair below 1.0707 (a double bottom tested on 9th and 10th Dec). Price action has re-entered hourly cloud and on the day AUD/NZD has been supported by cloud base at 1.0728, daily...

BTC/EUR faces trend line resistance around 390, break above targets 422
Dec 11, 2015 07:08 am UTC| Technicals Digital Currency
BTC/EUR has made a low of 366 and recovered from that level. It is currently trading around 383.70. On the higher side minor resistance is around 390 (trend line joining 320.69 and 362.77) and break above targets...

BTC/USD faces strong resistance around $425, break above targets $450/$480
Dec 11, 2015 06:33 am UTC| Technicals Digital Currency
Major resistance - $425 The pair has made a high of $424.95 and declined till $400. It is currently trading around $422. Any break above major resistance confirms minor trend reversal a jump till $450/$480 is...
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