Bearish trend in NCDEX soy bean likely to continue: Sharekhan

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: While recognizing the potential for a drop below 1.5112 to complete impulses from 1.5180 and even 1.5606, the current ...

(MENAFN - DailyFX) NZD/USD Technical Analysis Prices broke support at 0.8270, the 100% Fibonacci expansion, exposing the 123.6% level at 0.8195. A further break below that targets the 138.2% Fib at 0.8149. The 0.8270 level has been recast as ...

First up, let's start with this simple Fibonacci setup on USD/CAD. The pair is currently trading at the 61.8% Fibonacci level. With Stochastic now reentering overbought territory, we may just see sellers jump back in and reload their shorts. For ...

USD/JPY Technical Analysis- Prices put in a Bearish Engulfing candlestick pattern below resistance at 103.16, the 100% Fibonacci expansion, hinting a move lower is ahead. Near-term support is at 101.52, the 23.6% Fib retracement, with a break below ...

Gold in USD terms has enjoyed a steady recovery over the past few weeks since finding support in mid-April near a Fibonacci projection related to the October and March highs in the 1320 area. However, within the context of a broader downtrend the ...

May 8 (Bloomberg) -- Milling wheat may reach the lowest level in more than a year in Paris trading if futures breach a so-called Fibonacci resistance level, according to technical analysis by Arnaud Saulais at Starsupply Commodity Brokers. Futures ...

The long-term structure of prices recently moved lower to near the mid-point of the infamous 08/11 up move. Prices recently broke from the key support, suffering very heavy losses over a 48-hour period. After posting a low in front of our ...

05/14/2013 - 11:33:00 (DailyFX) US Dollar Technical Analysis Prices broke above resistance at 10588, the 23.6% Fibonacci expansion, exposing the 38.2% level at 10710. A further push higher beyond that aims for the 50% mark at 10809. The 10588 mark ...

NCDEX Pepper retraced 61.8% of the previous fall. The key Fibonacci level attracted fresh selling. As a result the agri-commodity has resumed the larger downtrend. However this leg is subdividing into waves of lower degree, said Sharekhan. Commenting on the ...