Dec 19, 2016 12:31 pm UTC| Technicals
Candlestick Pattern Formed- Bullish Engulfing Pattern Major Support 1.3073 (200- day MA) Loonie has formed Bullish Engulfing pattern in weekly chart. The pair declined till 1.30800 previous week before Fed...
Dec 19, 2016 11:20 am UTC| Technicals
Although the bullish momentum is reduced but upswings consistently spiking higher above DMAs, Bulls attempting to spike higher despite shooting star formations, the Turkish lira weakened sharply in the recent times, with...
GBP/JPY faces strong support at 146, break below targets 143/142.50
Dec 19, 2016 11:07 am UTC| Technicals
Pattern formed - Shooting Star. Major support 146 The pair has formed shooting star candlestick pattern in the daily chart .GBP/JPY declined till 146.05 at the time of writing. It is currently trading around...
FxWirePro:FTSE100 faces strong resistance at 7130,good to buy on dips
Dec 19, 2016 09:36 am UTC| Technicals
Major resistance 7130 (Oct 11th high). Major intraday support -6915 (10- day MA). The index recovered sharply and has broken 7000 level after forming minor bottom at 6687. It is currently trading around...
FxWirePro: EUR/GBP finds major support at 0.8310, weakness only on break below
Dec 19, 2016 09:29 am UTC| Technicals
EUR/GBP is capped below 20-DMA at 0.8443, momentum studies are biased lower. The pair is holding above 200-DMA at 0.8311, violation at 200-DMA could see drag upto 0.8078 (50% Fib). On the flipside breakout above...
FxWirePro: EUR/SEK hovers around 9.77 mark, stay bearish
Dec 19, 2016 08:46 am UTC| Technicals
EUR/SEK is currently trading around 9.7661 levels. It made intraday high at 9.7874 and low at 9.7603 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.8420 marks. A daily...
FxWirePro: USD/TRY trades in narrow range, downside limited
Dec 19, 2016 08:04 am UTC| Technicals
USD/TRY is currently trading at 3.4962 levels. It made intraday high at 3.5095 and low at 3.4881 levels. Intraday bias remains neutral for the moment. Key resistances are seen 3.4987, 3.5220 and 3.5491...
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