FxWirePro: Gravestone doji on AUD/NZD - diagonal strips for hedging
Sep 21, 2015 06:58 am UTC| Technicals
A bearish gravestone doji pattern has occurred at around 1.1218 levels on weekly charts but current prices maintained well above moving average curve and leading oscillators to substantiate current price fluctuations. The...
FxWirePro: EUR/AUD takes support near trend line around 1.5660, good to buy at dips
Sep 21, 2015 06:54 am UTC| Technicals
EUR/AUD has been consolidating in narrow range between 1.6065-1.5660 for the past three trading session. The pair has made a low of 1.5660 on Friday and recovered from that level. It is currently trading at 1.5766. On the...
FxWirePro: EUR/USD holds above 1.13 handle despite poor German PPI data
Sep 21, 2015 06:29 am UTC| Technicals
EUR/USD holds above 1.13 handle as we head into early European session Poor German PPI data ignored by traders, Germany Producer Price Index came in below forecasts at -1.7% y/y and -0.5% m/m in August (forecasts -1.5%,...
FxWirePro: GBP/AUD consolidates in narrow range, good to sell on rallies
Sep 21, 2015 06:16 am UTC| Technicals
GBP/AUD has made a high of 2.2108 and declined till 2.1350 from that level. It is currently trading at 2.152 The pairs minor resistance is around 2.200 and any break above would extend gains till...
FxWirePro: AUD/JPY forms bullish Gartley pattern, good to buy at dips
Sep 21, 2015 05:44 am UTC| Technicals
Harmonic pattern formed- Bullish gartley pattern Potential reversal Zone (PRZ)- 85.20 The pair has made a high of 86.88 on Friday and started to retreat from that level. Overall trend is still bullish as long as...
FxWirePro: NZD/USD takes support at 0.6358 (hourly 100-MA), bias still lower
Sep 21, 2015 04:46 am UTC| Technicals
The antipodeans struggled to make much headway on Monday on falling equities and persisting risk-off sentiment. The New Zealand dollar eased to $0.6364, from $0.6390 late on Friday, having been stuck in a...
FxWirePro: GBP/JPY forms Bullish BAT pattern, good to sell on rallies
Sep 21, 2015 03:57 am UTC| Technicals
Harmonic Pattern Formed- Bullish BAT Pattern Potential Reversal Zone (PRZ)- 187.50. GBP/JPY has retreated after making a high of 188.28. It is currently trading at 186.12. Short term trend is bearish as long...