FxwirePro's Currency Strength Index bias for EUR/GBP: Bearish
FxwirePro's EUR Currency Strength Index: -168.25 (Highly bearish)
FxwirePro's GBP Currency Strength Index: 53.6296 (Neutral)
Technical Studies: Bias Bearish
- RSI below 50 and is biased lower
- MACD is showing a bearish crossover
- Price action below 5-DMA which is curved sharply lower
- Bollinger Bands widening and we see -ve DMI dominance developing
Support levels - 0.88, 0.8755 (200-DMA), 0.8746 (Sept 27 low), 0.8682 (61.8% Fib retrace of 0.8297 to 0.93065 rally)
Resistance levels - 0.8844 (5-DMA), 0.8909 (20-DMA), 0.8920 (38.2% Fib)
Recommendation: Good to go short on rallies around 0.8810/20, SL: 0.8860, TP: 0.8755/ 0.87/ 0.8685
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major European Indices
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 



