FxWirepro: EUR/AUD forms Bullish Cypher Pattern, good to buy at dips
Oct 01, 2015 07:23 am UTC| Technicals
Harmonic Pattern Formed- Bullish Cypher pattern Potential Reversal Zone (PRZ) - 1.5720. The pair has made a high of 1.6250 and retreated till 1.5780 level. It is currently trading at 1.5798. The major support is...
FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Oct 01, 2015 06:53 am UTC| Technicals
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 around...
FxWirePro: NZD/USD rejected at 0.6428, good to sell rallies
Oct 01, 2015 05:57 am UTC| Technicals
New Zealand dollar received a lift after the Chinese surveys, edged higher to hit multi week highs at 0.6428 Gains were however capped at highs, the pair has slipped lower to currently trade at 0.6408, close the 0.64...
FxWirePro: AUD/USD holds well above 0.7000 after upbeat Chinese PMI data, good to buy at dips
Oct 01, 2015 05:43 am UTC| Technicals
Aussie has broken minor resistance 0.7065 on upbeat Chinese PMI and it is currently trading at 0.7061. Chinese Manufacturing PMI for Sep came at 49.8 compared to forecast of 49.7. Technically any break above 0.7065 will...
FxWirePro: AUD/USD shorts squeezed on China PMI data, pair holds intraday gains
Oct 01, 2015 05:31 am UTC| Technicals
The Antipodean were squeezed higher on Thursday after Chinese manufacturing activity came in better than expected, providing some reprieve The Australian dollar spiked against the USD on the day to hit session highs at...
AUD/JPY breaks minor trend line resistance, jump till 86 is possible
Oct 01, 2015 05:09 am UTC| Technicals
AUD/JPY has broken minor trend line resistance around 84.60 (trend line joining 84.97 and 84.66) and this confirms short term bullishness a jump till 85.35/86 cannot be ruled out . Overall bullishness can be seen only...
FxWirePro: USD/JPY above the 120.0 handle, faces resistance at 120.27
Oct 01, 2015 05:05 am UTC| Technicals
USD firmed slightly on Thursday on China data relief, pushing USD/JPY above the 120.00 psychological level Chinas Sept NBS manufacturing PMI came in slightly better than expected, but still sits in contraction territory...