
FxWirePro: BTC/EUR faces trades in narrow range, good to buy at dips
Dec 23, 2015 06:08 am UTC| Technicals Digital Currency
BTC/EUR has declined till 394 after making a high of 409 yesterday. It is currently trading around 398. On the higher side minor resistance is around 426 and break above targets 400/422/441. The pairs major...

FxWirePro: CAD/JPY bearish trend still remains intact – capture rallies for fresh shorts
Dec 23, 2015 05:54 am UTC| Technicals
The divergence to the previous sideway trend on daily chart that has shown their bearish effects clearly so far. Monthly RSI has consistently been converging downwards, now with a resembling bearish engulfing pattern at...

FxWirePro: BTC/USD struggles break above $468, good to buy at dips
Dec 23, 2015 05:42 am UTC| Technicals Digital Currency
The pair has made a high of $466 and declined till $425 from that level. It is currently trading around $438. Short term trend is still bullish as long as support $425 holds. Any close above major resistance...

FxWirePro: Rising triangle pattern found on NZD/JPY charts, strong resistance at 83.20
Dec 23, 2015 05:40 am UTC| Technicals
Rising triangle pattern found on NZD/JPY charts, with strong resistance at 83.20 trendline. Price action is above the cloud and Tenkan and Kijun show bullish crossover above the cloud which shows upside potential, RSI...

FxWirePro: EUR/AUD extends sideways trade, further downside seen on close below 1.5070
Dec 23, 2015 03:55 am UTC| Technicals
Range trading continues to dominate in EUR/AUD, pair enters 3rd week of the choppy 1.4945/1.5345 range Surprisingly strong bounce in iron ore (up 8.65% since its Dec 11 low of USD37) likely to help the AUD, broadly...
Major Asian Indices Technical Analysis
Dec 23, 2015 03:23 am UTC| Technicals
Hang Seng: Hangsang has broken major resistance 22000 and jumped till 22080 at the time of writing. It is slightly bullish a jump till 22240 is possible . On the lower side minor support is around 21700 and any...
FxWirePro: USDJPY trades in lower range, scope for uptrend resumption
Dec 22, 2015 19:14 pm UTC| Technicals
USD/JPY dropped towards 120.80 levels during mid-morning American hours after home sales data printed negative reading which printed 4.76 million against forecast of 5.35 million units. Nevertheless, decline should be...