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FxWirePro: EUR/AUD slips below 20-DMA, good to sell rallies

Nov 23, 2016 12:52 pm UTC| Technicals

EUR/AUD extends declines for a third consecutive session. The pair has broken below 20-DMA at 1.4355, intraday bias lower. Technical studies are bearish, RSI and Stochs on daily charts are biased...

USD/CHF Trade idea

Nov 23, 2016 12:25 pm UTC| Technicals

Minor support 1.00900 (trend line joining 1.00675 and 1.00749) The pair has once again slightly declined after making a low of 1.00930.It is currently trading around 1.01228. USD/CHF minor support is around...

FxWirePro: WTI crude’s bullish DMA crossover stimulates consolidation phase, gap up pattern launches new bullish potentials – Use mid-month futures

Nov 23, 2016 11:52 am UTC| Technicals

Last two weeks, the WTI bulls attempts of bounce back are well supported by the consolidation phase of this energy prices. The break above 45.90 levels evidences rallies with a gap up pattern, for now, heading towards...

EUR/USD trades in narrow range, break above 1.0660 targets 1.0820

Nov 23, 2016 11:22 am UTC| Technicals

Major resistance 1.0660 (Nov 22nd high) Major support 1.0580 The pair has declined slightly after jumping till 1.06495 yesterday. It is currently trading around 1.06080. EUR/USD faces strong trend line...

FxWirePro: DAX30 struggles to break above 10830, good to sell on rallies

Nov 23, 2016 11:20 am UTC| Technicals

Major resistance- 10830 (Oct 25th 2016 high) Major support 10550 (50- day MA) DAX30 has once again retreated after jumping till 10776 yesterday. It is currently trading around 10660. Short term trend is...

USD/CHF faces minor support at 1.009, break below targets 1.000

Nov 23, 2016 09:58 am UTC| Technicals

Candle Stick pattern- Shooting star (Hourly chart) Minor support 1.00900 (trend line joining 1.00675 and 1.00749) The pair has once again slightly declined after making a low of 1.00930.It is currently trading...

FxWirePro: Snapping EUR/GBP interim rallies, weekly technicals signal “Short, Short, Short” after rejecting stiff resistance of 0.9225

Nov 23, 2016 09:36 am UTC| Technicals

The current pricein thebearish environment that has lasted for 1 week is now sliding below 21SMA, heading towards next supports at 0.8353 levels (on weekly terms). Any break below support below 0.8865 to bring in more...

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