
FxWirePro: FTSE100 faces major support around 6040, good to buy at dips
Mar 01, 2016 07:40 am UTC| Technicals
Major support - 6040 (55 day H EMA) Major resistance - 6103 (trend line joining 6116 and 6106) The index has formed a temporary bottom around 6040 and started to recover from that level. It is currently trading...

Mar 01, 2016 07:40 am UTC| Technicals
AUD seems adjusting higher after RBAs unchanged monetary policy.The statements description of the AUD was little changed, saying the exchange rate has been adjusting to the evolving economic outlook [previous: continued...

FxWirePro: EUR/GBP trades a narrow range, awaits UK and EU PMI data
Mar 01, 2016 07:28 am UTC| Technicals
EUR/GBP trades largely range-bound on the day, with the days high at 0.7821 and lows at 0.7802. Pair is holding just above the 0.7800 handle, which is key support, breaks below could see downside to 0.77...

USOIL faces strong resistance around $34.70, break above targets $40
Mar 01, 2016 07:19 am UTC| Technicals
Major resistance - $34.70 (trend line joining $34.78 and $34.66) Major support - $33.25 USOIL has recovered after making a low of $32.31. It is currently trading around $34.22. Major resistance is around...

Indian rupee breaks key support level at 68.18, likely to fall further
Mar 01, 2016 07:15 am UTC| Technicals
Pair is currently trading at 68.15 levels. It made intraday high at 68.35 and low at 68.14 levels. Yesterday India released its Union budget 2016, which put higher impact on Countrys stock as well as currency...

FxWirePro: EUR/AUD breaks again 1.5269 - Stay short in near month futures as 1.5103 is on table
Mar 01, 2016 07:08 am UTC| Technicals
The pair has broken major supports 1st at 1.5496 and then at 1.5269 levels after the formation of shooting star at 1.5923 on weekly plotting. Amid this bearish journey we see 21DMA has crossed over 7DMA on daily chart...

FxWirePro:BTC/USD faces strong resistance at $450, good to buy at dips
Mar 01, 2016 06:57 am UTC| Technicals Digital Currency
Major resistance - $450 BTC/USD has broken minor resistance around $425 and jumped till $440.99. It is trading around $434. Short term trend is still bullish as long as support $400 holds. Any break below...