
FxWirePro: Copper faces strong support around 2.090, good to buy at dips
Dec 23, 2015 09:54 am UTC| Technicals
Major intraday support -2.090 (55 day 4 H EMA) Copper has major resistance 2.135 and jumped till 2.141. It is currently trading around 2.125 The commodity has declined till 2.100 yesterday and slightly recovering...

FxWirePro: Gold faces strong resistance around $1100, good to sell on rallies
Dec 23, 2015 09:14 am UTC| Technicals
Gold has recovered till $1081 from the low of $1046 and is currently trading around $1072. Short trend is still weak as long as resistance $1100 holds. Any break above $1100 will take the commodity till $1120/$...

Dec 23, 2015 08:20 am UTC| Technicals
On the verge of French consumer spending and Italian retail sales, today Euros has been edgy hampering its recent gains again.The Euro zone aggregate preceded by French and German figures.Furthermore, ZEW index for...

Dec 23, 2015 07:02 am UTC| Technicals
Hedging Frameworks: Butterfly Spreads (CADJPY) The prime time for Yen tightening its gains back again but slight chances of bounces cannot be ruled out, but some dramatic differences in prices on either direction is...

FxWirePro: GBP/AUD struggles to break above 2.100, good to sell on rallies
Dec 23, 2015 06:51 am UTC| Technicals
GBP/AUD has declined till 2.046 after making high of 2.09670 on Friday. It is currently trading at 2.0496. On the lower side minor support is around 2.050 and any break below targets 2.030/2. The pairs resistance...

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...