
FxWirePro: Norwegian krone falls against euro after mixed GDP data from Norway
Feb 09, 2017 07:23 am UTC| Technicals
EUR/NOK is currently trading at 8.8945 levels. It made intraday high at 8.8983 and low at 8.8875 levels. Intraday bias remains bullish till the time pair holds key support at 8.8733 marks. A sustained close...

FxWirePro: EUR/JPY struggles at major trendline support at 119.60, weakness only on break below
Feb 09, 2017 07:20 am UTC| Technicals
EUR/JPY is currently trading at 119.84, up 0.08 pct on the day. The pair is struggling to break below major trendline support at 119.60, we see weakness only on break below. Technical studies still support...

FxWirePro: USD/CNY rejects key resistance at 6.8916, PBOC sets yuan mid point at 6.8710
Feb 09, 2017 07:00 am UTC| Technicals
USD/CNY is currently trading around 6.8685 marks. It made intraday high at 6.8710 and low at 6.8613 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.86 marks will test...

FxWirePro: USD/CHF forms Bullish Gartley pattern, good to buy on dips
Feb 09, 2017 06:59 am UTC| Technicals
Harmonic pattern formed Bullish Gartley pattern Potential Reversal Zone (PRZ) 0.9900 USD/CHF forms Bullish Gartley Pattern in the hourly chart with PRZ at 0.9900. The pair declined till 0.99299 and slightly...

FxWirePro: Gold hits fresh three month high, good to buy on dips
Feb 09, 2017 05:57 am UTC| Technicals
Major support - $1220 (7- day EMA) Major resistance - $1248 (150- W MA) The yellow metal rose consecutive for the fifth day and hits fresh three month high yesterday on account of rising political risks in...

FxWirePro: XAG/USD stabilizes around $17.75 mark, short term trend reveral likely
Feb 09, 2017 05:55 am UTC| Technicals
XAG/USD is currently trading around $17.75 marks. It made intraday high at $17.80 and low at $17.70 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.75 mark. A daily close...

FxWirePro: NZD/USD breaks below 0.72 handle post-RBNZ, bias lower, stay short
Feb 09, 2017 05:33 am UTC| Technicals
NZD/USD down over 0.84% on the day after RBNZ held rates with a dovish interest rate forecast. NZ bond yields extend losses, narrowing of the NZ-US yield spread is weighing heavily over the Kiwi. The central bank...