FxWirePro: EUR/USD forms bullish Shark pattern, good to buy at dips
Feb 17, 2016 07:36 am UTC| Technicals
Harmonic Pattern - Bullish Shark pattern Potential Reversal Zone (PRZ) 1 -1.1115 (88.6% retracement) Potential Reversal Zone (PRZ) 2- 1.1050 (1.13% retracement) The pair has made a low of 1.1118 yesterday...
FxWirePro: EUR/GBP holds above 0.78 handle, focus on UK labour market data
Feb 17, 2016 07:20 am UTC| Technicals
EUR/GBP advances beyond 0.7800 ahead of UK labour market data, extending gains after solid performance of the shared currency overnight. Offered tone in the sterling extends higher ahead of the upcoming UK labour...
Aussie falls against US dollar, employment data in focus
Feb 17, 2016 07:05 am UTC| Technicals
Pair is currently supported below $0.71 level. It made intraday high at $0.7120 and low at $0.7084 levels. Intraday bias remains bearish for the moment. Corrective rebound from $0.6826 should have completed...
FxWirePro: BTC/USD breaks major resistance around $409, targets $450
Feb 17, 2016 07:01 am UTC| Technicals Digital Currency
BTC/USD has broken major resistance $409 and jumped till $410.50 at the time of writing It is currently trading around $409.93. Short term trend is slightly bullish as long as support $390 holds. On the higher side...
FTSE 100 faces strong resistance around 5950 , break above targets 6050
Feb 17, 2016 06:59 am UTC| Technicals
Major resistance -5950 Major support -5780 (55 day H EMA) The index has broken 5880 (Yesterdays high) and jumped till 5900 at the time of writing. It is currently trading around 5896. Short term trend is...
Indonesian rupiah falls on interest rate cut fears
Feb 17, 2016 06:36 am UTC| Technicals
Pair is well supported above 13400 marks and recovers from fresh 3 month low at 13335 levels. It made intraday high at 13495 and low at 13395. BI is scheduled to release interest rate decision on its 17-18...
FxWirePro: AUD/NZD likely to test trendline resistance at 1.0895 - bulls stay long via debit spreads
Feb 17, 2016 06:22 am UTC| Technicals
Aussie dollar after 1st half of Februarys losing streak upto the bottom at 1.0570 that had begun from the formation of back to back shooting star patterns at peaks of 1.0927 and 1.0914 levels, it is now making an attempt...
FxWirePro- Major Economic Events for the day