Nov 30, 2015 06:49 am UTC| Technicals
On weekly chart, the pair decline from 82.689 to 79.443, it is now struggling to hold onto the support at 80.102 levels. In later stage of October and earlier November, it has broken 81.004 level closing basis. You...
FxWirePro: GBP/JPY struggles to close above 185, good to sell on rallies
Nov 30, 2015 06:40 am UTC| Technicals
GBP/JPY has slightly recovered till 184.90 after breaking major support 184.30. Overall trend is still weak as long as resistance 185 (trend line joining 185.77 and 185.31) holds. Any break above 185 will take the...
A full fibre network is the only way to future-proof Britain
Nov 30, 2015 05:57 am UTC| Technicals
Another day, another government announcement heralding the coming of high-speed broadband for all in this case the call, by the prime minister, David Cameron, call to make broadband a universal service obligation that...
FxWirePro: S&P 500 faces strong intraday support around 2080, good to sell on rallies
Nov 30, 2015 05:55 am UTC| Technicals
Major intraday Support - 2080 (200 day HMA and 27th Nov low) Demand zone- 2100-2108 On the lower side any break below 2080 will drag the index till 2060/2045 level. The index major resistance is around 2108...
FxWirePro: EUR/JPY capped below 130 handle, more downside eyed
Nov 30, 2015 05:06 am UTC| Technicals
EUR/JPY slipped below the 130 handle on Fridays trade, hit a fresh 7-month low at 129.67, but has currently pared some losses on the day to currently trade at 129.94 The pair continues to see successively lower...
FxWirePro: NZD/USD edges higher from session lows, further bullishness only above 0.6568
Nov 30, 2015 04:00 am UTC| Technicals
NZD/USD edges higher from session lows at 0.6514 after upbeat NZ business confidence data, but lower commodities and a broadly stronger US dollar likely to weigh on the pair New Zealand business sentiment continued...
FxWirePro: EUR/USD forms Bullish Shark Pattern, good to sell on rallies
Nov 30, 2015 03:11 am UTC| Technicals
Harmonic Pattern - Bullish Shark Pattern In weekly chart the pair has closed below 1.06186 (88.6 % retracement of 1.04695 and 1.1751) at 1.05893 level. This confirms major weakness a decline till 1.03500 (1.13%...
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