
FxWirePro: USD/CAD forms Bearish Bat pattern, good to sell on rallies
Feb 28, 2017 07:35 am UTC| Technicals
Harmonic Pattern formed Bearish Bat pattern Potential Reversal Zone (PRZ)- 1.3215 The pair has formed Bearish Bat pattern with Potential reversal Zone (PRZ) around 1.3215. It is currently trading around...

FxWirePro: AUD/NZD 1H short setup
Feb 28, 2017 07:00 am UTC| Technicals
AUD/NZD hovers around 1H 100-SMA at 1.0682. Technical indicators are biased lower, break below 100-SMA builds scope for downside. RSI is biased lower, Stochs have rolled over from overbought level MACD is on...

FxWirePro: USD/JPY recovery stalls shy of 20-DMA, good to sell rallies
Feb 28, 2017 06:24 am UTC| Technicals
USD/JPY Trump-led recovery falters, the major rejected shy of 20-DMA. Japans data mixed, better than expected Japanese retail sales report overshadowed disappointing industrial output data, which fell for the first...

FxWirePro:GBP/JPY forms Bullish Butterfly Pattern, good to buy on dips
Feb 28, 2017 06:22 am UTC| Technicals
Harmonic pattern Formed Bullish Butterfly Pattern Potential Reversal Zone (PRZ) -139 The pair forms Bullish butterfly pattern with PRZ around 139 and any further weakness only below 139 level. GBP/JPY currently...

Feb 28, 2017 05:56 am UTC| Technicals
On daily plotting, shooting star pattern occurred at 145.211 levels, and the history repeats in GBPJPY at this level with the bearish formation, as a result, the pair has been consistently dipping that has now gone below...

FxWirePro: AUD/USD edges higher from session lows at 0.7667, finds strong support at 20-DMA
Feb 28, 2017 05:41 am UTC| Technicals
AUD/USD stalled declines and held strong 20-DMA support at 0.7667 to edge higher. Aussie dented on a sharp slowdown in the private sector credit growth. But upbeat current account deficit lent support. Australias...

Feb 28, 2017 03:57 am UTC| Technicals
Major resistance- $1262 (200- day MA and 161.8% retracement) Pattern formed - Bearish Divergence (RSI and MACD) Gold hits fresh three months high till $1263.94 on yesterday on account of weak dollar and declined...