
FxWirePro: EUR/GBP trades narrow range above trendline support, focus on BoE policy meet
Feb 02, 2017 08:46 am UTC| Technicals
EUR/GBP stuck in tight range, focus remains on BoE policy meeting due ahead in the European session. The pair was rejected above 20-DMA on Tuesdays trade. Momentum studies are neutral, with a slightly bullish...

Feb 02, 2017 07:50 am UTC| Technicals
The New Year trade series for NZDUSD has been extremely in bulls favor, the upswings from the lows of 0.6885 to the current 0.7290 levels, last month candle, for now, seems to be thebullish engulfing pattern. These...

FxWirePro: FTSE100 upside capped by 10- day MA, good to sell on rallies
Feb 02, 2017 07:44 am UTC| Technicals
Major support 7100 (resistance turned into support). Major resistance 7165 (10- day MA) FTSE100 shown a jump till 7176 yesterday and declined sharply from that level. It is currently trading around...

FxWirePro: Go long on XAG/USD around $17.58 with stop loss at $17.34 and target of $17.99
Feb 02, 2017 07:39 am UTC| Technicals
XAG/USD is currently trading around $17.60 marks. It made intraday high at $17.63 and low at $17.50 levels. Intraday bias remains bullish till the time pair holds key support at $17.34 mark. A daily close...

FxWirePro: AUD/CHF breaks above 20-DMA, good to long on dips
Feb 02, 2017 06:50 am UTC| Technicals
AUD/CHF resumes upside after holding 50-DMA support on the downside. The pair has failed to close below 50-DMA, currently at 0.7505, which is strong support on the downside. Intraday bias higher, the pair has...

FxWirePro:US Dollar index faces strong support at 99.40,break below targets 98.30
Feb 02, 2017 06:47 am UTC| Technicals
Major support 99.40 Major intraday resistance 100.15 (5- day MA). Pattern formed Double bottom U.S. Dollar index declined sharply after showing a mild jump above 100 level. It is currently trading around...

Feb 02, 2017 06:20 am UTC| Technicals
On weekly terms, previous upswings exhausted at astiff resistance of 87.538, break below strong support at 86.320 7DMA likely to drag price declines. Shooting star and hanging man occurred at peaks of rallies at 86.102...