DAX30 faces strong resistance around 10000, break above targets 10400
Mar 14, 2016 08:51 am UTC| Technicals
Major resistance 10000 Major support 9800 (7 day 4 H EMA) The index has recovered after making a low of 9396. It is currently trading around 9950. DAX30 is facing major resistance around 10000 and any...

FxWirePro: NZD/JPY rejected at session highs (76.92), sees strong resistance at 77 levels
Mar 14, 2016 08:28 am UTC| Technicals
NZD/JPY edges lower from session highs at 76.92, and is currently trading around 76.37 levels. The pair finds strong resistance at 77 levels which is falling trendline connecting 77.80 (Mar 3rd highs), 82.67 (Dec...

FxWirePro: USD/JPY spot and OTC convergence ahead of Fed and BoJ's monetary policy season
Mar 14, 2016 08:15 am UTC| Technicals
As the Fed will likely to remain on the sidelines on March 16th and so does BoJ, as a result we see tight tug of war between bulls and bears of USDJPY but both prefer to be in sideways in the end. You can probably make...
Dollar might find support, if 10 year break-even inflation crosses 1.6%
Mar 14, 2016 08:08 am UTC| Commentary Technicals
Dollar could find some support if US break even inflation for 10 year, crossed key resistance around 1.6%. Dollar in recent days have shown significant weakness, despite FED being the most hawkish central bank among its...

Turkish lira erases previous gain against US dollar, buy on dips
Mar 14, 2016 07:46 am UTC| Technicals
USD/TRY is currently trading at 2.8819 levels. It made intraday high at 2.8833 and low at 2.8681 levels. Intraday bias remains bullish for the moment. A recent down fall from the 2.9991 was a corrective move...
FxWirePro: BTC/USD faces strong resistance at $425, good to buy at dips
Mar 14, 2016 07:37 am UTC| Technicals Digital Currency
Major resistance - $425 BTC/USD has broken minor resistance $415 and jumped till $421.91. It is trading around $414. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

FxWirePro: EUR/GBP resumes consolidative pattern as ECB volatility settles
Mar 14, 2016 07:30 am UTC| Technicals
EUR/GBP is posting marginal gains on the day and is currently trading above 5-DMA at 0.7763. Calendar remains absolutely data-dry, with only Euro zone industrial production on the cards. The pair has resumed...