
EURUSD faces strong resistance at 7- day EMA,break above confirms further bullishness
Feb 16, 2017 12:40 pm UTC| Technicals
Major resistance- 1.06800 (55- day EMA) Major support 1.05200 EUR/USD recovers sharply after making a low of 1.05214 yesterday. It is currently trading around 1.06446. On the higher side 1.0659 -1.06710...

Feb 16, 2017 11:53 am UTC| Technicals
The prices have been consistently rejecting below falling wedge resistance from thelast couple of days. Amid this price behavior, shooting star has occurred at 1.3078 levels. The bearish rout has gone below strong...

FxWirePro: Trade the Gold /Silver ratio:
Feb 16, 2017 10:32 am UTC| Technicals
Major support 68.85 (trend line joining 64.28 and 66.99) Gold/silver ratio broken the major support of 68.85 and is trading slightly below that level. The break below trend line support confirms further decline in...

FxWirePro: USD/CHF forms shooting star in daily chart, good to sell on rallies
Feb 16, 2017 09:36 am UTC| Technicals
Candlestick pattern formed- Shooting star Potential Reversal Zone (PRZ) 1.01225 USD/CHF has shown a huge selling pressure after hitting a high1.01187 yesterday. Intraday bias is weak but near term outlook...

FxWirePro: AUD/NZD rejected at 1.07 handle, slips below 5-DMA
Feb 16, 2017 08:47 am UTC| Technicals
AUD/NZD struggles around 1.07 for the third straight session, slips below 5-DMA support. AUD is on the back foot following a dismal Aussie jobs data release earlier on Thursday. The pair is currently trade at...

FxWirePro: Norwegian krone erases previous gain against euro, intraday bias remains bullish
Feb 16, 2017 08:05 am UTC| Technicals
EUR/NOK is currently trading at 8.8428 levels. It made intraday high at 8.8493 and low at 8.8298 levels. Intraday bias remains slightly bullish till the time pair holds key support at 8.8298 marks. A...

FxWirePro: GBP/JPY faces strong support 38.2% fibo,good to buy on dips
Feb 16, 2017 07:32 am UTC| Technicals
Major resistance - 142.60 (trend line joining 144.78 and 144.69) Major Intraday support 141.65 (38.2% retracement of 138.53 and 142.80). GBP/JPY shown huge decline after jumping till 142.80 yesterday. The pair...