
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...

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...

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...