
FxWirePro: AUD/CHF fails to hold below 200-DMA, go long on break above 0.7414
Dec 26, 2016 11:00 am UTC| Technicals
AUD/CHF fails to hold break below 200-DMA. The pair is on track to test 1H 100-SMA at 0.7414. Break above could see gains upto 20-DMA at 0.7506. Support levels - 0.7375 (200-DMA), 0.7370 (1H 20-SMA), 0.7342...

FxWirePro: EUR/USD upside capped by 5- W MA, good to sell on rallies
Dec 26, 2016 10:40 am UTC| Technicals
Major resistance- 1.0500 (3- W EMA) Major support 1.03500. EUR/USD jumped till 1.04990 in the previous week and slightly declined from that level.The pair closed at 1.04459.It is currently trading around...

FxWirePro: USD/CHF struggles to break above 1.0300, good to sell on rallies
Dec 26, 2016 09:16 am UTC| Technicals
Major support 1.02200 Major Resistance 1.0290 (trend line joining 1.03435 and 1.3020). USD/CHF made a temporary bottom around 1.02180 and slightly recovered from that level.It is currently trading around...

FxWirePro: AUD/NZD on verge of breach of 'Symmetric Triangle' pattern, bias lower
Dec 26, 2016 07:21 am UTC| Technicals
AUD/NZD is trading a Symmetric triangle pattern. Bias lower. The pair finds series of resistance on the upside: Ichi cloud base (1.0501), 100-DMA (1.0501), Triangle top (1.0485). Price action pivotal at triangle...

FxWirePro:GBP/JPY trades well below 21-day MA, decline till 142.50 likely
Dec 26, 2016 06:43 am UTC| Technicals
Major resistance 144.65 (trend line joining 148.45 and 147.35) Major support 142.50 (21- day MA) GBP/JPY broken major support at 144.25 21- day MA and closed slightly well below that level on Friday. Any close...

Dec 26, 2016 06:32 am UTC| Technicals
AUD/CAD is extending range trade below 61.8% Fib at 0.9734. Bias lower as long as trendline resistance at 0.9740 holds. Price action in the pair remains below major moving averages. That said, momentum...

FxWirePro: AUD/USD finds strong support at 0.7145, break below could see further drag
Dec 26, 2016 06:03 am UTC| Technicals
AUD/USD edges higher from multi-month lows of 0.7159. Upside finds strong resistance by 5-DMA at 0.7215. Technical indicators are biased lower, RSI in oversold territory. The pair finds strong support at...