FxWirePro: EUR/GBP upside capped at 0.79, focus on BoE rate decision
Mar 17, 2016 09:31 am UTC| Technicals
Upbeat UK labor market and wage data, pushed EUR/GBP to a daily low of 0.7840 levels on Wednesday. The pair is firmer on the day and is now testing session highs in the vicinity of the key barrier at...

BTC/USD faces strong resistance around $425, break above targets $465
Mar 17, 2016 09:00 am UTC| Technicals
Major resistance - $425 (trend line joining $447 and $440) BTC/USD is consolidating between $421.59 and $406 for the past three trading session. It is trading around $414. Short term trend is slightly bullish as...

Silver remains well supported below key resistance at $15.72, intraday bias remains bullish
Mar 17, 2016 08:54 am UTC| Technicals
XAG/USD is currently trading at $15.68 levels. It made intraday high at $15.69 and low at $15.52 levels. Intraday bias remains bullish for the moment. On the top side, key resistance level falls at $15.72...

Mar 17, 2016 08:46 am UTC| Technicals
Aussie prints upbeat numbers in unemployment at 5.8% in Feb, reduced from previous 6%, whereas the jobless claims in U.K. remained unchanged. While last recent NABs business confidence survey in Australia remains at 3...

Russian Rouble continues to gain against US dollar, hits 2 month high
Mar 17, 2016 08:38 am UTC| Technicals
USD/RUB is currently trading at 68.2338 levels. It made intraday high at 69.7355 and low at 68.2264 levels. Intraday bias remains bearish till the time pair holds key resistance at 71.7225 levels. The key...

USD/INR hits fresh 2–month low, likely to fall further
Mar 17, 2016 07:52 am UTC| Technicals
Pair is currently trading at 66.73 levels. It made intraday high at 66.95 and low at 66.72 levels. Intraday bias remains bearish for the moment. Pair hits fresh 2- month low and likely to break key support...

Mar 17, 2016 07:49 am UTC| Technicals
Breaches below crucial supports at 2.0054 and 1.9309 may expose towards 50% retracement, bears can load weights in short as selling momentum is confirmed by leading oscillators. You see the pair also clears the sloping...