
FxWirePro: EUR/NOK stabilizes around 8.96 mark, good to buy on dips
Oct 24, 2016 08:25 am UTC| Technicals
EUR/NOK is currently trading at 8.9622 levels. It made intraday high at 8.9885 and low at 8.9559 levels. Intraday bias remains bullish till the time pair holds key support at 8.9375 marks. A sustained close...

FxWirePro: USD/CHF forms shooting star in daily chart, good to sell on rallies
Oct 24, 2016 08:17 am UTC| Technicals
Candlestick pattern formed- Shooting star. Major resistance- 0.99620 USD/CHF has jumped sharply from the low of 0.98437. It is trading around 0.99427. The pair formed shooting star pattern in the daily...

FxWirePro: EUR/GBP trades tight range, focus on Eurozone PMI data
Oct 24, 2016 07:05 am UTC| Technicals
EUR/GBP trades a narrow 20 pip range as we head into the European session. Focus remains on Eurozone PMI data due ahead, any miss on expectations could raise scope for ECB easing at Dec meeting. 20-DMA at 0.8871...

Oct 24, 2016 06:56 am UTC| Technicals
On thedaily chart, amid the last weeks bearish journey, bulls taking support at 1.0608 levels (i.e. 21DMA) attempting to drag Fridays gains. But in converse, the bulls have halted as upswings restrained at 2.38%,...

FxWirePro: USD/ZAR falls below 14.00 mark, good to sell on rallies
Oct 24, 2016 06:40 am UTC| Technicals
USD/ZAR is currently trading around 13.95 levels. It made intraday high at 14.01 and low at 13.88 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.08 marks. A daily...

FxWirePro: AUD/CAD hits new 2-year highs of 1.0177, bias higher
Oct 24, 2016 06:22 am UTC| Technicals
AUD/CAD hits new 1-year highs at 1.0177, bias remains higher. The pair has broken 1.0157 (double top Oct 19, Sept 27). Technical indicators on daily charts are bullishly aligned. CAD remains under pressure...

FxWirePro: Prefer to go long on XAG/USD around $17.50 with stop loss at $17.33 and target of $17.75
Oct 24, 2016 05:50 am UTC| Technicals
XAG/USD is currently trading around $17.55 marks. It made intraday high at $17.56 and low at $17.44 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.33 marks. A daily...