
Feb 16, 2018 05:43 am UTC| Technicals
The bulls in consolidation phase spikes through rising channel, the bullish engulfing pattern occurs to extend channel. Bulls have tested strong supports at 1.3796 levels and spiking constantly 5 days in a row, in this...

FxWirePro: DAX30 Daily Outlook
Feb 16, 2018 05:34 am UTC| Technicals
DAX index has closed slightly weak at 12357 0.4% lower. But Dow and SP rose more than 1% yesterday for the fifth consecutive days. The main reason for rebound in US market was due to strengthening of US economy and rise in...

FxWirePro: DAX30 Daily Outlook
Feb 16, 2018 05:34 am UTC| Technicals
DAX index has closed slightly weak at 12357 0.4% lower. But Dow and SP rose more than 1% yesterday for the fifth consecutive days. The main reason for rebound in US market was due to strengthening of US economy and rise in...

FxWirePro: AUD/USD on track to test 61.8% Fib at 0.80, bias higher, stay long
Feb 16, 2018 04:57 am UTC| Technicals
AUD/USD extends upside for 6th consecutive session, breaks above 50% Fib, bias higher. The pair remains supported by broad based USD weakness, scope for further upside. Heightened fears of a hard landing in the...

FxWirePro: AUD/USD on track to test 61.8% Fib at 0.80, bias higher, stay long
Feb 16, 2018 04:57 am UTC| Technicals
AUD/USD extends upside for 6th consecutive session, breaks above 50% Fib, bias higher. The pair remains supported by broad based USD weakness, scope for further upside. Heightened fears of a hard landing in the...

FxWirePro: Indian rupee strengthens against U.S. dollar, good to sell on rallies
Feb 16, 2018 04:21 am UTC| Technicals
USD/INR is currently trading around 63.80 marks. It made intraday high at 63.90 and low at 63.79 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.05 mark. Key resistances...

FxWirePro: Indian rupee strengthens against U.S. dollar, good to sell on rallies
Feb 16, 2018 04:21 am UTC| Technicals
USD/INR is currently trading around 63.80 marks. It made intraday high at 63.90 and low at 63.79 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.05 mark. Key resistances...