
FxWirePro: DOW JONES forms Bearish Gartley Pattern, good to sell on rallies
Oct 20, 2016 10:40 am UTC| Technicals
Harmonic Pattern Bearish Gartley pattern. Potential Reversal Zone (PRZ) 18420. The index reversed sharply from the low made on 18059. It is currently trading at 18237. On the higher side, minor resistance...

FxWirePro: DAX30 Intraday trade idea
Oct 20, 2016 09:16 am UTC| Technicals
Major resistance- 10720 (trend line joining 10806 and 10777). DAX index recovered from the low of 10354 made on Oct 13th. It is currently trading around 10660. The index major resistance is around 10720 and any...

Oct 20, 2016 08:14 am UTC| Technicals
USD/ZAR is currently trading around 13.92 levels. It made intraday high at 13.94 and low at 13.81 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.96 marks. A daily...

FxWirePro: USD/TRY hits fresh weekly low at 3.0551, good to sell on rallies
Oct 20, 2016 07:14 am UTC| Technicals
USD/TRY is currently trading at 3.0696 levels. It made intraday high at 3.0705 and low at 3.0551 levels. Intraday bias remains bearish for the moment till the time pair holds key resistance at 3.0970...

FxWirePro: EUR/GBP confined to narrow 15 pip range, UK retail sales data in focus
Oct 20, 2016 06:53 am UTC| Technicals
EUR/GBP has been confined to a narrow 15 pip range in the Asian session. UK retail sales data will be the last major release before the first estimate of GDP growth in Q3 is due next week. Markets will look...

FxWirepro:GBP/JPY trades in channel pattern, good to buy on dips
Oct 20, 2016 06:47 am UTC| Technicals
Major support - 126.60 (trend line joining 125.98 and 126.26). Major resistance- 128.60 (trend line joining 127.70 and 127.89). GBP/JPY has once again recovered after making low of 126.60. It is currently trading...

Oct 20, 2016 06:46 am UTC| Technicals
After the last two sessions of yesterday, the pair hasnt been moving anywhere beyond 127.421 northwards nor even 127.172 on southwards. Bears have been drifting in sideways, both leading and lagging indicators to...