
FxWirePro:Nikkei225 forms Bullish Gartley pattern, good to buy on dips
Mar 21, 2017 03:06 am UTC| Technicals
Harmonic pattern formed - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 19190 Nikkei225 has formed bullish Gartley pattern in the hourly chart ans major support is around 19190. Any break below 19190...

FxWirePro: Prefer to go short on XAG/USD around $17.38 with stop loss at $17.54 and target of $17.22
Mar 21, 2017 02:24 am UTC| Technicals
XAG/USD is currently trading around $17.34 marks. It made intraday high at $17.44 and low at $17.30 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.54 mark. A daily close...

FxWirePro: EUR/KRW hits fresh 3-week low at 1,193 mark, consistent close below targets 1,178
Mar 21, 2017 01:12 am UTC| Technicals
EUR/KRW is currently trading around 1,200 mark. Pair made intraday high at 1,201 and low at 1,193 levels. Intraday bias remains bullish till the time pair holds key support at 1,193 mark. A daily close below...
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Mar 20, 2017 14:49 pm UTC| Technicals
USD/JPY declined on Monday as the greenback weakened and investors unwound previous bets the Federal Reserve would hike U.S. interest rates at an aggressive pace this year. The greenback has been on the retreat since...

FxWirePro:U.S Dollar index forms Bullish Cypher pattern, good to buy on dips
Mar 20, 2017 12:56 pm UTC| Technicals
Pattern Formed Bullish Cypher pattern Potential Reversal Zone (PRZ)- 99.23. DXY has recovered sharply after declining till 100.02 at the time of writing . The index is currently trading around 100.34. On...

FxWirePro: EUR/GBP capped below 5-DMA, good to go short on rallies
Mar 20, 2017 12:43 pm UTC| Technicals
EUR/GBP is extending declines from major trendline resistance at 0.8780. The pair is trading slightly higher on the day after upbeat German PPI data. Upside, however, finds stiff resistance at 5-DMA by 0.8702,...

Mar 20, 2017 12:01 pm UTC| Technicals
Major resistance 1.2400 (Support turned into resistance) Cable rallied sharply post Fed meeting and further supported by BOE monetary policy which was held yesterday. BOE has kept its interest rates unchanged at...