
Mar 07, 2017 12:21 pm UTC| Technicals
Potential Reversal Zone (PRZ) - 1.06600 (trend line joining 1.1299 and 1.08288) EURUSD got a renewed selling pressure at higher levels around 1.06400. The pair has once again broken the 1.06000 handle. It is currently...

FxWirePro: EUR/USD upside capped by trend line resistance, good to sell on rallies
Mar 07, 2017 11:21 am UTC| Technicals
Potential Reversal Zone (PRZ) - 1.06600 (trend line joining 1.1299 and 1.08288) EURUSD got a renewed selling pressure at higher levels around 1.06400. The pair has once again broken the 1.06000 handle. It is currently...

FxWirePro: USD/CHF upside capped by 61.8% fibo, good to buy on dips
Mar 07, 2017 10:49 am UTC| Technicals
Potential Reversal Pattern (PRZ) - 1.0160 (61.8% retracement of 1.03436 and 0.98696). USD/CHF has recovered sharply and after declining till 1.00690 on Mar 5th 2017.It is currently trading around 1.01447. The...

FxWirePro: AUD/CHF breaks above 5-DMA, bias higher, go long on close above 0.77
Mar 07, 2017 10:14 am UTC| Technicals
AUD/CHF fails to hold gains above 20-DMA, edges lower from session highs at 0.7717 to currently trade around 0.7696. Technicals support upside in the pair, we see scope for further gains. The pair is trading a...

FxWirePro: GBP/JPY trades in narrow range, good to sell on rallies
Mar 07, 2017 08:17 am UTC| Technicals
Major support -138.85 Major resistance- 140.75 (trend lien joining 142.80 and 142.05) GBPJPY is trading inside the channel for the past eight trading session. It is currently trading around 139.37. The pair...

FxWirePro: NZD/USD edges higher from fresh multi-week lows at 0.6982, bias lower, short rallies
Mar 07, 2017 06:38 am UTC| Technicals
NZD/USD sell-off halts and pair edges higher from fresh mutli-week lows at 0.6982 to retake the 0.70 handle. Price action rages below daily cloud and has 200-DMA. Technicals studies are heavily bearish, we see...

FxWirePro: Gold trades weaker as US two year yield hits 2009 high, good to sell on rallies
Mar 07, 2017 06:07 am UTC| Technicals
Potential reversal Zone (PRZ) - $1226 (daily Kijun-Sen). The yellow metal trades weak and is expected to reach Feb month low on Fed hopes. Gold trading almost near previous week low on account increasing hopes of Fed...