
FxWirePro:USD/CHF struggles to close below 1.000 level, good to buy on dips
Jan 19, 2017 11:49 am UTC| Technicals
Major resistance- 1.0850 (61.8% retracement of 1.01364 and 0.9965) Major support 1 The pair jumped slightly after declining till 0.99961 yesterday. It is currently trading around 1.00639. Short term trend...

FxWirePro: EUR/JPY fails to close below 50-DMA, bias higher
Jan 19, 2017 09:48 am UTC| Technicals
EUR/JPY fails to close below 50-DMA, has edged higher to currently trade at 122.15. The pair finds stiff resistance at 122.25 (20-DMA), upside struggling to extend gains beyond. Break above 20-DMA could see test...

FxWirePro: FTSE100 trades well below trend line support, decline till 7000 likely
Jan 19, 2017 09:12 am UTC| Technicals
Major support 7280 (trend line joining 6869 and 7087). Major resistance 7360 FTSE100 has formed a temporary top around 7359 on Jan 16th 2017 and declined till 7211yesterday. The index is trading well below...

FxWirePro: NZD/USD finds strong support at 200-DMA, weakness only on break below
Jan 19, 2017 07:32 am UTC| Technicals
Fundamental Factors: NZD has shown signs of recovering early in the New Year and remains positive over the short-term. Data released in the US yesterday showed inflation rose at a fastest pace in five...

FxWirePro:GBP/USD Double top and 2618 trade setup
Jan 19, 2017 07:16 am UTC| Technicals
Pattern formed Double Top and 2618 trade Major resistance 1.2435 (Jan 5th high) Cable has made a high of 1.24169 and slightly declined from that level. It is currently trading around 1.22792. The pair...

Jan 19, 2017 06:33 am UTC| Technicals
Shooting star has been traced at 0.7540 levels that has evidenced price dips below SMAs, but bulls have managed to bounce back, holding stronger at channel support of 0.7472 and have managed to bounce back above 7DMA,...

FxWirePro: AUD/JPY 4H long setup
Jan 19, 2017 06:23 am UTC| Technicals
AUD/JPY intraday bias higher after break of 100-DMA currently at 85.13. The pair has major trendline support at 85.35, weakness only no break below. On the hourly charts, we have watching out for a possible...