FxWirePro Chart Patterns: GBP/USD forms Triple Top, sell on rallies
Nov 18, 2015 07:17 am UTC| Technicals
Pattern formed- Triple top Intraday Trend reversal level- 1.5250 Cable has formed temporary top around 1.5250 and retreated from that level. It is currently trading at 1.51978. Any break above 1.5250 will...
FxWirePro Chart Breakout: AUD/CHF breaks 0.7205, buy on dips
Nov 18, 2015 07:15 am UTC| Technicals
Break out level- 0.7205 (trend line joining 0.7139 and 0.7164) The pair has broken a major resistance 0.7205 and jumped till 0.72380. It is currently trading at 0.72114. On the downside the support is around...
FxWirePro: Deploy bull back spread on AUD/JPY’s HY vols
Nov 18, 2015 06:51 am UTC| Technicals
Aussie dollar has been in good mood of buying against Yen, it is now making an attempt of recovery a bit as both technical and fundamental indicators are signaling buying sentiments, and weve run through the bullish...
FxWirePro: AUD/JPY long entry triggered after clear confirmation of break out of apex point
Nov 18, 2015 05:42 am UTC| Technicals
The pair has been able to break out above the crucial apex point of symmetric triangle at around 86.738 on 11th and soon after that event travelled up to 87.952 where it has surpassed 87.562 which is resistance at that...
FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Nov 18, 2015 05:40 am UTC| Technicals Digital Currency
BTC/USD is trading between $356 and $325 for the past two trading session. It is currently trading around $333. Short term trend is still bearish as long as resistance $370 holds. On the downside minor support is...
Gold-Watch Out for $1040 for trend reversal
Nov 18, 2015 04:06 am UTC| Technicals
Gold breaks major demand zone level $1070 , this is short term trend reversal level and a decline till $1040 is possible . Overall trend reversal can happen only below $1040 level. Any break below $1040 will target...
FxWirePro: Sell GBP/JPY around 187.60 with SL around 188.25 for the TP of 185.70/185
Nov 18, 2015 03:17 am UTC| Technicals
Potential Reversal Zone (PRZ) -188.25 GBP/JPY has made a high of 187.98 and retreated from that level. It is currently trading at 187.55. Overall trend reversal can happen only above 188. Any trade above 188.25 will...
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