
S&P500- Watch out for 2075 for further bullishness
Dec 16, 2015 11:12 am UTC| Technicals
Major resistance -2075 (trend line joining 2106 and 2096) The index has recovered till 2054 after making a low of 1993. The index is still weak as long as resistance 2075 holds. Any break above 2075 will take the index...

FxWirePro: GBP/JPY faces strong resistance around 184.25, good to sell on rallies
Dec 16, 2015 09:50 am UTC| Technicals
GBP/JPY recovered till 184.22 after making a low of 182.12. It is currently trading around 183.17. The major intraday resistance is around 183.80 and any break above will take the pair till 184.25/184.60 level. Short...
Major European Indices technical analysis
Dec 16, 2015 07:46 am UTC| Technicals
Germany DAX Index: Germany DAX index has recovered till 10496 after making a low of 10121. It is currently trading at 10470. The index minor support is around 10300 and break below targets 10100/9980. On...

FxWirePro: EUR/AUD consolidating gains, next bounce to target 1.5466
Dec 16, 2015 07:41 am UTC| Technicals
EUR/AUD consolidating gains, next bounce to target 1.5466, 50% of August/December fall. Momentum studies are neutral - 5, 10 20 DMAs base/climb - positive setup exists, Stochs are at o/b, some unwinding likely,...

Dec 16, 2015 07:29 am UTC| Technicals
Overpriced puts moving in sync with delta risk reversals of AUDUSD: From the nutshell, 25-delta risk of reversals of AUDUSD the most expensive pair to be hedged for downside risks as it indicates puts have been...

FxWirePro: BTC/EUR faces strong support around 370, good to buy at dips
Dec 16, 2015 07:05 am UTC| Technicals Digital Currency
BTC/EUR has declined till 403 at the time of writing and is currently trading around 413. On the higher side minor resistance is around 425 and break above targets 400/422/441. The pairs major support is around...

FxWirePro: AUD/USD range bound, traders reluctant to take major bets ahead of FOMC
Dec 16, 2015 07:05 am UTC| Technicals
AUD/USD trades a narrow 28 pip range during the Asian session, days range till now 0.7216/7188. Price action holds above the daily cloud (currently spans 0.7144-7159). The cloud is seen containing downside, dips have...