
Feb 14, 2017 12:18 pm UTC| Technicals
Major resistance 1.2585 (100- day EMA) Major support -1.2430 (38.2% retracement of 1.19860 and 1.27060). Cable declined sharply after making an intraday high of 1.25475.The pair is currently trading around...

FxWirePro:US Dollar Index struggles to close above daily Kijun- Sen, good to buy on dips
Feb 14, 2017 11:59 am UTC| Technicals
Major support 99.25 Major resistance 101.09 (daily Kijun-Sen). U.S. Dollar index broken major resistance at 101.09 and declined sharply from that level. It is currently trading around 100.84. On the...

FxWirePro:GBP/USD downside capped by 38.2% fibo, good to sell on rallies
Feb 14, 2017 10:42 am UTC| Technicals
Major resistance 1.2585 (100- day EMA) Major support -1.2430 (38.2% retracement of 1.19860 and 1.27060) Cable declined sharply after making an intraday high of 1.25475.The pair is currently trading around...

FxWirePro:DAX30 forms Bearish Cypher pattern, good to sell on rallies
Feb 14, 2017 09:32 am UTC| Technicals
Harmonic pattern formed Bearish Cypher Pattern Potential Reversal Zone (PRZ)- 11892 The index has formed Bearish Cypher pattern in the hourly chart and any trend reversal can be seen only above 11892. DAX...

FxWirePro:EUR/USD faces strong support at 1.05790, good to sell on rallies
Feb 14, 2017 08:44 am UTC| Technicals
Major intraday resistance 1.0680 (55- day EMA) Major support 1.05800 EUR/USD recovered slightly after making a low of 1.05880 level. The pair is facing strong support at 1.05790 low formed on Jan 16th...

FxWirePro: Buy GBP/JPY above 142.60
Feb 14, 2017 08:01 am UTC| Technicals
Major resistance - 142.60 (trend line joining 144.73 and 144.13) Major Intraday support 141.75- 141.90 (200- 4H MA and trend line joining 138.53 and 141.01). GBP/JPY continued its winning streak for past five...

FxWirePro: Prefer to go long on XAG/USD around $17.80 with stop loss at $17.72 and target of $17.98
Feb 14, 2017 07:53 am UTC| Technicals
XAG/USD is currently trading around $17.82 marks. It made intraday high at $17.87 and low at $17.78 levels. Intraday bias remains neutral till the time pair holds key support at $17.72 mark. A daily close...