
Jan 20, 2017 12:03 pm UTC| Technicals
Potential Reversal Zone (PRZ) 1.07350 Major Support 1.0580 (double bottom) The pair has formed a bottom at 1.05890 and jumped sharply till 106937 level at the time of writing. It is currently trading around...

FxWirePro:EUR/USD faces minor bottom around 1.0580, good to buy on dips
Jan 20, 2017 11:04 am UTC| Technicals
Potential Reversal Zone (PRZ) 1.07350. Major Support 1.0580 (double bottom) The pair has formed a bottom at 1.05890 and jumped sharply till 106937 level at the time of writing. It is currently trading around...

FxWirePro: EUR/JPY edges above 20-DMA, close above could see grind higher
Jan 20, 2017 10:07 am UTC| Technicals
EUR/JPY has reclaimed 20-DMA after it failed to close below 50-DMA. The pair is rangebound on the day, has edged higher to currently trade at 122.53. The pair finds stiff resistance at 122.25 (20-DMA), upside...

FxWirePro: AUD/USD rejected at highs, finds strong support at 0.7495 (200-DMA)
Jan 20, 2017 09:22 am UTC| Technicals
AUD/USD rejected at fresh multi-week highs at 0.7588, edges lower to currently trade at 0.7540. The pair finds minor support at 5-DMA at 0.7530, break below could see downside upto 0.7495. We do no see any signs...

FxWirePro:GBP/USD faces strong resistance at 1.2435, good to sell on rallies
Jan 20, 2017 09:10 am UTC| Technicals
Major resistance 1.2435 (Jan 5th high). Cable has recovered sharply after declining till 1.22528. It is currently trading around 1.23450. GBP/USD has made a slight jump above 61.8% retracement and started to...

FTSE100 faces strong support at 23.6% fibo, break below targets 7070
Jan 20, 2017 07:55 am UTC| Technicals
Major support 7180 (23.6% retracement of 6606 and 7359) Major resistance 7360 FTSE100 has broken minor pschycological support 7200 and declined till 7190 yesterday.it is currently trading around 7209. The...

Jan 20, 2017 07:38 am UTC| Technicals
On thedaily chart, despite the attempts of bounces above 7DMA, the prices are restrained below 7DMA from last 3-4 days. Gravestone doji evidences price dips that have gone below 7DMAs. Well, considering the broader...