Major Asian Indices Technicals
Jan 26, 2016 03:23 am UTC| Technicals
Hang Seng: Hang Seng has retreated after making a high of 19485 It is currently trading around 19040. Short term trend is still weak as as resistance 19500 holds. The index minor resistance is at 19300 and any...

GBP/USD remains bullish above 21-day moving average
Jan 25, 2016 19:49 pm UTC| Technicals
GBP/USD inched higher by hitting daily highs at 1.4281 during early European hours, before pulling backwards in the US session. The pair has held above 1.4200 levels indicating short term buying interest across the...
FxWirePro: AUD/USD loses momentum but outlook is bullish
Jan 25, 2016 17:41 pm UTC| Technicals
AUD/USD has slipped towards 0.6974 levels after failing to break minor resistance level located at 0.7044 in the early European session. Currently the pair is approaching to testing support level located at 0.7060....
Jan 25, 2016 15:06 pm UTC| Technicals
The yellow metal rose on Monday, as the dollar edged lower on renewed oil market weakness and concerns over the global economic outlook which has raised doubts about further interest hike by Federal...

FxWirePro: USD/CHF consolidating around 1.0141, good to buy on dips
Jan 25, 2016 14:07 pm UTC| Technicals
The USD/CHF inched higher towards 1.0158 levels, after bunch of economic data released from the Eurozone printed negative figures. However, in the US early session the pair has declined to trade around 1.0138...

FxWirePro: WTI Oil faces strong resistance around $32.75, good to sell on rallies
Jan 25, 2016 12:24 pm UTC| Technicals
Major resistance -32.70 (20 day MA) Minor support -30.50 (7 day EMA) WTI crude has jumped till $32.70 (20 day MA) and started to retreat from that level. It is currently trading around $31.10. Short term trend is...

FxWirePro: EUR/JPY backspreads back in action for speculation - Capitalize on 1W HY IVs
Jan 25, 2016 10:46 am UTC| Technicals
The gradual increase in negative delta risk reversal numbers signify the OTC FX sentiments towards downside risk, as a result, puts seem relatively more expensive than calls as bearish momentum intensified in a long...