FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Oct 02, 2015 07:09 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. trend is weak as long as resistance $235 holds. The major resistance is around $240 and...
Oct 02, 2015 06:16 am UTC| Technicals
The current spot FX is trading at 134.114, we expect dips extending up to 132.522 levels in near terms. It is understood that bearish momentum is bolstering as we saw that from delta risk reversal table and technical...
Gold faces strong support around $1100, short term weakness only below that level
Oct 02, 2015 05:19 am UTC| Technicals
HarmonicTradingpattern:BullishCypher PotentialReversalZone(PRZ)-$1100 Gold has decline till $1112 after making a high of $1156. It is currently trading @ $1113. On the downside major support is around $1100...
EUR/USD forms bullish BAT pattern, good to buy at dips
Oct 02, 2015 05:01 am UTC| Technicals
Harmonic pattern formed -Bullish BAT Pattern Potential Reversal Zone (PRZ)- 1.1125 EUR/USD has declined till 1.11338 and slightly recovered till 1.20690 from that level. It is currently trading at...
FxWirePro: Buy GBP/JPY only above 182 with SL around 181 for the TP of 183.20/184.40
Oct 02, 2015 04:10 am UTC| Technicals
GBP/JPY is facing strong intra day resistance around 182 and any break above confirms intraday bullishness. Break above 182 will take the pair to next target to 182.60/ 183.18/184.40. On the downside minor support is...
FxWirePro: GBP/AUD consolidates is narrow range, good to sell on rallies
Oct 02, 2015 03:32 am UTC| Technicals
GBP/AUD has broken short term support 2.140 which confirms short term weakness, a decline till 2.088 cannot be ruled out. It is currently trading at 1.2140. The pairs minor resistance is around 2.1630 and any break...
USD/JPY struggles to close above 120, good to buy at dips
Oct 02, 2015 03:15 am UTC| Technicals
USD/JPY has made a high of 120.26 yesterday and declined till 119.49 from that level. Sort term trend is till bullish as long as support 119.20 holds. Any break below 119.20 will drag the pair further down till...