FxWirePro: BTC/USD faces strong support around $300, good to sell on rallies
Nov 11, 2015 06:33 am UTC| Technicals
BTC/USD has made a low of $300 today at the writing and is currently trading around $314. Short term trend is still bearish as long as resistance $370 holds. On the downside major support is around $300 and break...
GBP/AUD consolidates in narrow range, market eye UK jobs data
Nov 11, 2015 05:52 am UTC| Technicals
GBP/AUD has made a low of 2.1130and recovered from that level. Overall trend is still weak as long as resistance 2.175 holds. Market awaits UK jobs data which is to be released today for further direction. In UK...
FxWirePro: GBP/JPY consolidates in narrow range, good to buy at dips
Nov 11, 2015 03:44 am UTC| Technicals
Potential Reversal Zone (PRZ)- 186.50. GBP/JPY faces resistance around 186.50 and break above will confirms short term bullishness.The pair is currently trading around 186.42. Overall trend is bullish as long as...
Loonie faces strong support at 1.3246,break below targets 1.3135
Nov 11, 2015 02:49 am UTC| Technicals
Harmonic pattern- Bullish Cypher pattern Potential Reversal Zone (PRZ) -1.3300 Any break above 1.3300 will take the pair till 1.3320 /1.3500 in short term. The pair is facing strong support around 1.32460 and...
FxWirePro: GBP/USD key resistance level at 1.5229, bearish in the short term
Nov 10, 2015 18:28 pm UTC| Technicals
GBP/USDrecovered some ground to trade around 1.5143 levels in the early US session session after rebounding from 1.5100 levels. The cable is currently trading in a choppy range in oversold condition and a short squeeze...
FxWirePro: USD/JPY key support at 122.64, buy deal are recommended around 122.80
Nov 10, 2015 15:00 pm UTC| Technicals
USD/JPY declined in the earlier session towards 123.00 levels. However, the pair has recovered upto 123.16 levels. Currently the price action is struggling around 123.38 levels, nevertheless short pullback towards 122.80...
FxWirePro: USD/CAD key support at 1.3250, buy deals are recommended around 1.3270
Nov 10, 2015 14:39 pm UTC| Technicals
USD/CAD has slipped towards 1.3250 levels after failing to break minor resistance level located at 1.3295 in the early European session today. However, the pair has managed to rebound after testing support level located at...