
FxWirePro: Silver faces strong resistance around $14.65, good to sell on rallies
Jan 08, 2016 03:32 am UTC| Technicals
Major resistance - $14.65 The commodity jumped till $14.36 and started to decline. It is currently trading at $14.21. Short term trend is still weak as long as resistance $14.65 holds. Any break above $14.65 will take...
Major Asian Indices Technical Analysis
Jan 08, 2016 02:55 am UTC| Technicals
Hang Seng: Hang Seng has made a low of 20254 and started to recover from that level. It is currently trading around 20500 The index resistance is at 20650 and any indicative break above that level will take the...
FxWirePro: GBP/USD finds support at 1.4525, good to sell on rallies
Jan 07, 2016 20:18 pm UTC| Technicals
The GBP/USD initially in European session slipped lower sharply after breaking below 1.4600 levels, however, the pair rebounded in the US session after finding support at 1.4525 levels erasing the earlier losses. The...
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Jan 07, 2016 16:09 pm UTC| Technicals
USD/CAD slipped sharply backwards towards 1.3290 levels after comments from Bank of Canada governor Poloz. Canadian dollar is slightly stronger across the board on the day despite weak oil price which fell below $33 for...

Jan 07, 2016 14:48 pm UTC| Technicals
Gold strongly claimed higher breaking the psychological barrier of 1100 levels for the first time in 9-weeks on Thursday after dollar weakened and the market volatility increased as the worries about the Chinese economy...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Jan 07, 2016 13:29 pm UTC| Technicals
The EUR/USD has spiked towards 1.0847 levels, as the buyers stepped in as the risk aversion increased in the market after European stocks declined sharply after Chinese equities posted large losses on concerns of slowing...

BTC/EUR trades above 400, jump till 457 is possible
Jan 07, 2016 11:49 am UTC| Technicals Digital Currency
BTC/EUR has broken minor resistance 400 and jumped till 418. It is currently trading around 413. The pair has consolidating between 370- 400 for the past five trading session. On the higher side minor resistance...