
FxWirePro: EURUSD trades well above pschycological 1.1000 level, good to buy on dips
Nov 02, 2016 10:22 am UTC| Technicals
Major resistance 1.11050 (trend line joining 1.12793 and 1.12443) Major support 1.1015 (21- day MA) The pair breaks 55- day EMA today morning and jumped till 1.0994 at the time of writing. The pair slightly...

Nov 02, 2016 09:31 am UTC| Technicals
On daily charts, hammer pattern candle which is bullish in nature occurs at 1.4255 to bottom out in this pair, as a result, the current prices spike above DMAs. Currently, the upswings for the day attempt to break out a...

CAD/JPY breaks minor trend line support, targets 76
Nov 02, 2016 09:04 am UTC| Technicals
Major support 77.75 (trend line joining 77.34 and 77.60) Major resistance -78.26 (21- 4H MA) CAD/JPY breaks major support 77.75 and declined till 77.37 at the time of writing . It is currently trading around...

FxWirePro: NZD/JPY capped below major trendline resistance at 75.20, good to long break above
Nov 02, 2016 08:16 am UTC| Technicals
NZD/JPY edges lower from session highs at 75.18 after being rejected at major trendline resistance. Breakout above likely to see test of 76 levels. The pair finds major support at 74.38 (110-EMA), weakness only...

FxWirePro:S&P500 trades lower , good to sell on rallies
Nov 02, 2016 06:56 am UTC| Technicals
Major support 2108 (Sep 12th low) Major resistance 2146 (55- day EMA) SP500 breaks major support at 2108 and declined till 2097 yesterday. It is currently trading around 2101. Short term trend is bearish...

FxWirePro: EUR/CAD faces major resistance at 1.4835, further upside only on break above
Nov 02, 2016 06:53 am UTC| Technicals
EUR/CAD has broken above 78.6% Fib and is currently trading at 1.4823. The pair has seen a nice bounce after formation of Bullish Butterfly pattern. Our previous call...

Nov 02, 2016 06:39 am UTC| Technicals
On dailies, a shooting star pattern has been appeared at peaks of 115.132 levels to signify weakness at this juncture. Earlier, we had traced out the double top pattern as well with the1st top at 116.365 levels and 2nd...