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FxWirePro: GBP/JPY forms Bearish Gartley Pattern, good to sell on rallies

Oct 05, 2016 06:43 am UTC| Technicals

Pattern Formed- Bearish Gartley Pattern. Potential Reversal Zone (PRZ) 132.45. The pair has once again recovered from the low of 130.30 and jumped till 131.21yesterday. It is currently trading around...

FxWirePro: EUR/SEK exhibits range bound movement, faces strong resistance at 9.6346

Oct 05, 2016 06:29 am UTC| Technicals

EUR/SEK is currently trading around 9.6237 levels. It made intraday high at 9.6371 and low at 9.6192 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.6346 levels. A daily...

FxWirePro: Antipodeans reclaim one and a half months highs, watch out for more rallies upon break out above 1.0623 – Digital calls to speculate

Oct 05, 2016 05:53 am UTC| Technicals

AUDNZD surpasses recent bullish focal points: Last three and a half weeks of bull streaks of Aussie dollar against Kiwi dollar is now testing theintermediary resistance of 1.0623 levels. For now, bulls seem to have...

FxWirePro: Gold downside capped by 61.8% fibo, good to buy on dips

Oct 05, 2016 05:53 am UTC| Technicals

Major support - $1266 (61.8% retracement of $1199 and $1375.30). Gold hits two-week low yesterday on account of thehigh dollar . It has declined till $1366.90 yesterday and slightly recovered from that level. It is...

FxWirePro: NZD/USD breaks major trendline support, eyes 100-DMA at 0.7140

Oct 05, 2016 05:35 am UTC| Technicals

NZD/USD rejected at 20-DMA on Tuesdays trade, slips below 0.72 handle. The pair breached 50-DMA support on Tuesday and edged lower to break major trendline support which aligns at 0.72. Momentum studies are...

FxWirePro: USD/INR stabilizes above 66.50 after RBI rate decision, bias remains bearish

Oct 05, 2016 05:34 am UTC| Technicals

USD/INR is currently trading around 66.56 marks. It made intraday high at 66.66 and low at 66.53 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.05 marks. Key...

FxWirePro: Silver hits fresh 4-month low at $17.69 ahead of U.S. ADP job data, good to sell no rallies       

Oct 05, 2016 04:25 am UTC| Technicals

XAG/USD is currently trading around $17.96 marks. It made intraday high at $17.97 and low at $17.71 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $18.22 marks. A...

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