
FxWirePro: DAX30 forms shooting star in the four hour chart, good to sell on rallies
Mar 02, 2017 09:28 am UTC| Technicals
Candlestick pattern formed Shooting star Potential Reversal Zone (PRZ) - 12170 The index has formed a minor bottom around 11726 and jumped sharply till 12101 at the time of writing. DAX30 is trading around 12051...

FxWirePro: Norwegian krone weakens against euro, short term trend reversal likely
Mar 02, 2017 08:27 am UTC| Technicals
EUR/NOK is currently trading at 8.8808 levels. It made intraday high at 8.8816 and low at 8.8618 levels. Intraday bias remains bullish till the time pair holds key support at 8.8473 marks. A sustained close...

FxWirePro: Swedish krona erases previous loss against euro, bias remains bearish
Mar 02, 2017 07:57 am UTC| Technicals
EUR/SEK is currently trading around 9.5345 levels. It made intraday high at 9.5450 and low at 9.5330 levels. Intraday bias remains bearish for the moment. A sustained break above 9.5435 tests key resistances...

FxWirePro:CHF/JPY downside capped by 200 –day MA, good to buy on dips
Mar 02, 2017 07:54 am UTC| Technicals
Major support 111 (100 day MA) Major resistance -113.22 (daily Kijun-Sen) CHF/JPY has taken support near 100- day MA and jumped sharply from that level. It is currently trading around 112.88. The pair...

Mar 02, 2017 07:31 am UTC| Technicals
AUD/JPY spiked above 20-DMA on Wednesdays trade, bias still higher. Pair finds stiff resistance at 87.50 (trendline), further upside only on break above. Aussie subdued on dismal Australia trade balance Data...

FxWirePro: Sell NZD/CHF on rallies
Mar 02, 2017 07:18 am UTC| Technicals
Major Support: 0.7160 (Sep 9th 2017 low) Major intraday resistance 0.7230 (200- H MA) NZD/CHF has once again slightly recovered after making a low of 0.7170. It is currently trading around 0.72030. On the...

FxWirePro: EUR/GBP breaks above 100-DMA but struggles at daily cloud, bias higher, stay long
Mar 02, 2017 06:58 am UTC| Technicals
EUR/GBP is trading a narrow range in the Asian session, upside bias intact. Upside is struggling at daily Ichi cloud, breakout could see resumption of upside. The pair is extending upside after breaking stiff...