FxWirePro: GBP/USD faces strong resistance at 0.5382, good to sell rallies
Oct 12, 2015 11:56 am UTC| Technicals
Sterling climbed towards a recent two-week high against the struggling dollar on Monday, gaining from days lows by 1.5307 The pair is currently trading at 1.5361, not far from a two-week high of 1.5382 struck on Friday,...
Oct 12, 2015 11:52 am UTC| Technicals
Harmonic pattern - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 1.4595 EUR/CAD has made a high of 1.4749 and started retreating due to stronger oil prices. Canadian dollar prices has been supported by...
EUR/AUD breaks major support 1.5450, decline till 1.5350 is possible
Oct 12, 2015 11:27 am UTC| Technicals
EUR/AUD has broken major support 1.5450 which confirms short term weakness, a decline till 1.5359 cannot be ruled out. Short term bullishness can be seen only above 1.5500 and break above target 1.5550. Overall bearish...
FxWirePro: EUR/GBP faces major resistance around 0.7450, good to buy at dips
Oct 12, 2015 10:51 am UTC| Technicals
RES 4:0.7520 RES 3: 0.7480 (May 5th 2015) RES 2: 0.7450 (Oct 2nd 2015) RES 1: 0.7420 PRICE: 0.7410 @ 10:50 GMT SUP 1: 0.7370 ( 20 day 4 HMA) SUP 2: 0.7330 (200 day 4 HMA) SUP 3:...
FxWirePro: USD/JPY consolidates in narrow range , good to buy at dips
Oct 12, 2015 10:03 am UTC| Technicals
RES 4: 121.75 (28th aug high) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.56 (Oct 6th 2015) RES 1: 120.16 (200 day 4 H EMA) PRICE: 120.09 @10:01 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and...
FxWirePro: EUR/USD recovers from day's lows at 1.1352, trades just shy of 1.14 handle
Oct 12, 2015 09:55 am UTC| Technicals
EUR/USD uptrend intact, pair stages a nice recovery from days lows at 1.1352, extending gains for a a third straight session. Broad based USD weakness on account of falling Fed rate hike bets and moderate weakness in...
Gold faces strong resistance around $1169, jump above target $1187
Oct 12, 2015 09:30 am UTC| Technicals
Gold is facing strong trend line resistance around $1170 (Aug 24th high) and any break above will take the pair to next level $1187. On the downside minor support is around $1149 and any break below targets...