
Mar 03, 2017 11:57 am UTC| Technicals
Major intraday resistance -1.05200 (trend line joining 1.0630 and 1.05717). Major support 1.04935 (double bottom). The pair has once again taken support near 1.04935 and jumped from that level. It is currently...

FxWirePro: FTSE100 forms Bearish Butterfly pattern, good to sell on rallies
Mar 03, 2017 11:26 am UTC| Technicals
Harmonic pattern Formed Bearish Butterfly pattern Potential Reversal Zone (PRZ) 7398 FTSE100 has formed Bearish Butterfly pattern in the hourly chart and is currently trading around 7361. Any bullish...

FxWirePro: EUR/USD forms double bottom around 1.04900, good to buy on dips
Mar 03, 2017 10:06 am UTC| Technicals
Major intraday resistance -1.05200 (trend line joining 1.0630 and 1.05717) Major support 1.04935 (double bottom) The pair has once again taken support near 1.04935 and jumped from that level. It is currently...

FxWirePro: Swedish krona appreciates against euro after industrial production data
Mar 03, 2017 08:39 am UTC| Technicals
EUR/SEK is currently trading around 9.5461 levels. It made intraday high at 9.5530 and low at 9.5388 levels. Intraday bias remains bullish till the time pair holds key support at 9.5154 marks. A sustained...

FxWirePro: USD/ZAR fails to break key resistance at 13.17, sustained close below targets 12.86
Mar 03, 2017 07:32 am UTC| Technicals
USD/ZAR is currently trading around 13.13 levels. It made intraday high at 13.17 and low at 13.11 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.17 marks. A daily...

FxWirePro: GBP/JPY breaks trend line support, good to sell on rallies
Mar 03, 2017 07:30 am UTC| Technicals
Major support -140.15 (trend line joining 138.85 and 139.58). Major resistance- 140.75 GBPJPY is trading between 140.74 and 138.84 for the past three trading session. It is currently trading around...

FxWirePro: NZD/CAD finds major support at 200-DMA (0.9397), weakness only on break below
Mar 03, 2017 07:29 am UTC| Technicals
NZD/CAD has broken below 100-DMA support at 0.9469, intraday bias lower. The pair was rejected at major trendline resistance at 0.9590 and is extending declines for 3rd consecutive session. Downside finds major...