FxWirePro: FTSE100 recovers from the low of 7104, good to sell on rallies
Jan 31, 2017 10:30 am UTC| Technicals
Major support 7130 (resistance turned into support) Major resistance 7210 (10- day MA) FTSE100 breaks major support at 7130 and declined till 7104 yesterday. It is currently trading around 7154. The index...
FxWirePro:Buy NZD/CAD above 0.9560
Jan 31, 2017 09:25 am UTC| Technicals
Major resistance- 0.9560 (Jan 25th high). Major support -0.9460 (Jan 26th low) NZD/CAD recovers slightly after making a low of 0.9460 on Jan26th 2017 low. It is currently trading around 0.95430. On the lower...
FxWirePro: AUD/USD rejected at session highs, hovers around 5-DMA at 0.7552
Jan 31, 2017 07:29 am UTC| Technicals
AUD/USD hovers around 5-DMA at 0.7552 after rejection at session highs at 0.7572. The pair is set to continue decline after rejection at major trendline at 0.76 on Jan 24. Rollover of Stochs from overbought zone...
Jan 31, 2017 07:00 am UTC| Technicals
AUD/JPY resumes its bearish trend in wake of renewed JPY buying amid risk-off and BOJs status-quo. The pair has broken below 5-DMA and is currently hovering around major trendline support at 85.65. Break below...
FxWirePro: Indian rupee gains sharply against U.S. dollar ahead of India’s union budget
Jan 31, 2017 06:58 am UTC| Technicals
USD/INR is currently trading around 67.81 marks. It made intraday high at 67.87 and low at 67.77 marks. Intraday bias remains bearish till the time pair holds key resistance at 68.15 marks. Key resistances...
FxWirePro: GBP/USD forms Bullish Gartley Pattern, good to buy on dips
Jan 31, 2017 06:25 am UTC| Technicals
Pattern formed Bullish Gartley pattern. Major support - 1.24180 (Jan 24th 2017 low). Cable has broken 23.6% fibo at 1.25113 and declined till 1.24658 yesterday. The pair has formed bullish Gartley pattern in the...
FxWirePro: EUR/JPY breaks below 50-DMA, short rallies for 120.60
Jan 31, 2017 06:13 am UTC| Technicals
EUR/JPY has shown a break below major 50-DMA support at 121.72 on Mondays trade. Short-term bias in the pair has turned bearish after break below 50-DMA. Price action has dipped into daily cloud. The pair has...
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