FxWirePro: Strong GBP/AUD bearish signal by gravestone doji and leading oscillators
Oct 05, 2015 11:47 am UTC| Technicals
We traced out bearish gravestone doji patterns around 2.1552 levels on monthly charts as well as on weekly charts at around 2.1458 and again on 2.1586 levels. These bearish pattern dojis are an extremely helpful for...
FxWirePro: USD/JPY struggles to close above 121, good to buy at dips
Oct 05, 2015 11:42 am UTC| Technicals
RES 4: 122.30 RES 3: 121.75 (28th aug high) RES 2:121.30 ( SEP 10TH HIGH) RES 1: 120.40 (200 day 4 H EMA) PRICE: 120.20 @11:40 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) SUP 2: 119.20...
Oct 05, 2015 11:19 am UTC| Technicals
AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out. Overall weakness can be seen only...
FxWirePro: EUR/USD forms bullish Gartley pattern, sell on rallies
Oct 05, 2015 11:14 am UTC| Technicals
Harmonic Pattern formed - Bullish Gartley pattern Potential Reversal Zone (PRZ)- 1.1320 Any break above 1.1320 will take the pair to next target 1.1370/1.14365. On the downside minor support is around 1.1240...
FxWirePro: Cable unable to hold above the 1.52 handle, strong resistance at 1.5214
Oct 05, 2015 10:57 am UTC| Technicals
UK Markit/CIPS services PMI came in at the lowest levels since April 2013, dropped to 53.3 in Sept, from 55.6 in the previous month. Cable slumped to hit session lows at 1.5173 on the UK services data, but recovered...
AUD/JPY breaks major trend line resistance, jump till 86.15 is possible
Oct 05, 2015 09:29 am UTC| Technicals
AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and this confirms short term bullishness a jump till 86.15/87.20 cannot be ruled out . Overall weakness can be seen only...
FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Oct 05, 2015 09:04 am UTC| Technicals Digital Currency
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds. The major resistance is...