
FxWirePro: FTSE100 forms Bearish Gartley Pattern, good to sell on rallies
Oct 19, 2016 10:52 am UTC| Technicals
Major resistance -7130. Major support 6925. UK index takes support near 6935 and started to jump from that level. It is currently trading around 6992. On the higher side, 7035 is acting as minor resistance...

Oct 19, 2016 10:23 am UTC| Technicals
The BoC left interest rates unchanged last monthbut noted that the risks to inflation had tilted to the downside. In todays monetary policy meeting, the Canadian central bank is likely to keep overnight rates unchanged at...

CAD/JPY breaks minor trend line support, targets 78.55/78.05
Oct 19, 2016 09:42 am UTC| Technicals
Minor Support : 79.12 ( trend line joining 78.92 and 79.08). Minor resistance 79.25 (21- HMA). The pair breaks below minor support and declined till 78.81 at the time of writing. CAD/JPY has slightly jumped from...

FxWirePro: EUR/SEK stabilizes around 9.69 mark, good to buy on dips
Oct 19, 2016 08:18 am UTC| Technicals
EUR/SEK is currently trading around 9.6923 levels. It made intraday high at 9.7032 and low at 9.6822 levels. Intraday bias remains bullish till the time pair holds key support at 9.68 mark. A daily close...

EUR/USD faces strong trend line support at 1.09700, break below targets 1.0900/1.08350
Oct 19, 2016 07:58 am UTC| Technicals
Major support 1.0970 (trend line joining 1.09638 and 1.09701). Major resistance- 1.1010 (trend line joining 1.10576 and 1.10242). The pair jumped slightly till 1.0999 after making a low of 1.09740. It is...

FxWirePro: USD/TRY exhibits range bound movement, bias remains neutral
Oct 19, 2016 07:49 am UTC| Technicals
USD/TRY is currently trading at 3.0904 levels. It made intraday high at 3.0977 and low at 3.0889 levels. Intraday bias remains neutral for the moment till the time pair holds key resistance at 3.1176...

FxWirePro: EUR/GBP finds stiff resistance at 0.90, trades narrow range ahead of UK unemployment data
Oct 19, 2016 07:37 am UTC| Technicals
EUR/GBP trades a narrow range as markets await ILO unemployment data due ahead in the EU session. The pair finds stiff resistance at 0.90 levels, bias remains lower below 5-DMA at 0.8983. Technical indicators on...