
FxWirePro: FTSE100 upside capped by 21- day MA, good to sell on rallies
Jan 27, 2017 12:44 pm UTC| Technicals
Major support 7130 (resistance turned into support) Major resistance 7210 (10- day MA). FTSE100 is trading in narrow range between 7129 and 7205 for the past four trading session. It is currently trading...

FxWirePro: Bearish bias builds in AUD/USD, good to short break below 100-DMA at 0.7498
Jan 27, 2017 12:39 pm UTC| Technicals
Bearish bias builds in AUD/USD after rejection at major trendline resistance at 0.76 on Jan 24. The pair has slipped below 5-DMA and short-term bias has turned bearish. The pair finds major support by 100-DMA at...

Jan 27, 2017 12:19 pm UTC| Technicals
Pattern formed Bullish Gartley pattern Major resistance 1.27750 Major support 1.06580 (61.8% retracement of 1.05780 and 1.07750) EUR/USD has taken support near 61.8% fibo and jumped sharply from that...

Jan 27, 2017 12:06 pm UTC| Technicals
Well, EURUSD has shown a slide in this week but still attempting to maintain 7-weeks highs. Although EURUSD spiked from trendline support at 1.0449 levels, it has been struggling to bounce further above 21SMA levels on...

FxWirePro:GBP/JPY breaks trend line support at 144.35, decline till 143.55 likely
Jan 27, 2017 10:35 am UTC| Technicals
Major intraday support 144.35 (Trend line joining 142.88 and 143.51). Major resistance 145 The pair is showing a continuous jump from the low of 136.45 and reached till 144.78. It has shown a slight decline on...

FxWirePro:EUR/USD forms Bullish Gartley Pattern, good to buy on dips
Jan 27, 2017 09:42 am UTC| Technicals
Pattern formed Bullish Gartley pattern Major resistance 1.27750 Major support 1.06580 (61.8% retracement of 1.05780 and 1.07750). EUR/USD has taken support near 61.8% fibo and jumped sharply from that...

FxWirePro:GBP/USD trades below trend line support, decline till 1.24180 likely
Jan 27, 2017 08:59 am UTC| Technicals
Major support 1.2560 (trend line joining 1.19860 and 1.22605). Cable is in corrective phase after a huge gain from the low of 1.19860.The pair reached 1.26735 yesterday and declined sharply from that level on account...