
FxWirePro: AUD/USD takes channel support at 0.7096, good to buy dips
Dec 18, 2015 05:03 am UTC| Technicals
AUD/USD retakes 0.71 handle, recovery gains momentum into European Session. Rebound seen in gold prices likely supporting the Aussie, recovery may be short lived as USD likely to see further strength. Pair has...

Dec 18, 2015 04:16 am UTC| Technicals
USD rises more the 0.6 pct vs yen, hits a 2-week high of 123.54 after BOJ kept monetary policy steady and pledged to increase monetary base at annual pace of 80 trln yen. The c.bank to increase purchases of ETFS,...

Nikkei recovers after making a low of 19198, good to buy at dips
Dec 18, 2015 03:35 am UTC| Technicals
Nikkei has retreated after making a high of 19537 and declined till 19198. It is currently trading around 19335. The index has broken major resistance 19300 just now a jump till 19500 is possible . The major...

Solar freakin' roadways? Why the future of this technology may not be so bright
Dec 18, 2015 01:05 am UTC| Insights & Views Technicals
When we are not driving, cycling, or walking on it, a road is just a waste of space, right? Not if it is a solar road! What a perfect combination. When its exposed to the sun, the road is generating clean electricity,...
FxWirePro: GBP/USD key resistance at 1.4952, bearish in the short term
Dec 17, 2015 14:54 pm UTC| Technicals
The GBP/USD has slipped lower sharply, shedding more than 100pips after dollar rose across the board following Federal Reserve rate hike yesterday. The currency pair initially rebounded towards higher levels in the...

Gold breaks support at 1065, eyes 1057 levels - short around 1064 with targets 1057/1050, SL 1080
Dec 17, 2015 13:44 pm UTC| Technicals
The yellow metal has declined after Federal Reserve announced its first rate hike yesterday. Gold in yesterdays US session initially rose towards 1070 but after the rate hike announcement slipped downwards to hit low at...
FxWirePro: USD/JPY consolidates around 122.52 levels, bias remains bullish
Dec 17, 2015 13:35 pm UTC| Technicals
USD/JPY pair made gains yesterday after buyers stepped in, following interest rate hike by Federal Reserve. The pair fell towards 122.22 levels in the earlier European session, but buying interest has pushed the pair...