
FxWirePro :EUR/USD trades slightly lower after Fed rate hike, good to buy at dips
Dec 16, 2015 19:27 pm UTC| Technicals
EUR/USD has declined till 1.08879 after Fed hikes interest rate by 25bpbs. But the pair has recovered after Fed said monetary policy stance is accommodative (rates to be hiked at very slow pace) The pair is expected...
FxWirePro: USD/CHF consolidates around 0.9880, good to buy on dips
Dec 16, 2015 14:49 pm UTC| Technicals
The USD/CHF rebounded from 0.9886 levels, after bunch of economic data released from the Eurozone printed negative figures. However, in the early US session after finding resistance at 0.9916 it has declined to trade...
Dec 16, 2015 13:14 pm UTC| Technicals
The yellow metal is moving in sideways direction off late as the increased risk aversion on fears whether Federal Reserve will raise the interest rate hike or not has kept the gold investors on the sidelines. The...
Dec 16, 2015 13:11 pm UTC| Technicals
The yellow metal is moving in sideways direction off late as the increased risk aversion on fears whether Federal Reserve will raise the interest rate hike or not has kept the gold investors on the sidelines. The...

Dec 16, 2015 12:04 pm 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...

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...