Dec 17, 2015 07:23 am UTC| Technicals
Do you expect anything dramatic in golds prices from yesterdays Yellens rate hike except little cushion? Apart from those 25 bps, she also alerted that it does not plan to end reinvestments of payments from its holdings...
Impact of Fed Rate hike on European Stock market
Dec 17, 2015 06:59 am UTC| Technicals
Jannet Yellen has finally ended its zero -interest rate policy yesterday by hiking 25bpbs.The US Federal Open Market Committee (FOMC) said that any future rate hikes will be gradual after Wednesdays initial move. The...

Dec 17, 2015 06:24 am UTC| Technicals
The technicals for this commodity still suggest sell indications. In between last three days upswings a bearish shooting star has popped back again a day before yesterday when EIAs inventory check was due. Now we hope...

Dec 17, 2015 05:45 am UTC| Technicals
Kiwi bulls left unimpressed on Thursday after NZ Q3 GDP data came in only slightly ahead of forecast, the pair was dumped towards 10-DMA at 0.6724. NZD/USD pulled back from 0.6800 FOMC-induced gains and fell sharply,...

FxWirePro: Antipodean selling continues, good to sell AUD/USD rallies
Dec 17, 2015 04:20 am UTC| Technicals
Selling in the Aussie continues as commodities like crude oil resumed their price decline hurting commodity currencies. Upside in the pair is capped by Daily Tenkan at 0.7250, Aussie slips below 0.72 handle, was down...

USD/CHF trades well above 0.9900, good to buy at dips
Dec 17, 2015 03:55 am UTC| Technicals
Major resistance -0.9950 The pair has recovered after making a low of 0.9820 and is currently trading around 0.9958. It has also broken major resistance 0.9950 and a short term trend reversal till 1.0030 is possible...

FxWirePro: Nikkei trades higher after fed rate hike, good to buy at dips
Dec 17, 2015 03:32 am UTC| Technicals
Nikkei trades higher after Fed hikes interest rates as expected by 25 bpbs and said that further rate hike will be gradual, The fed chairman reiterated that policy will remain accommodative and hike is data...