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FxWirePro: USD/CHF faces strong resistance around 0.9690, good to sell on rallies

Sep 02, 2015 06:52 am UTC| Technicals

Harmonic pattern formed- Bearish gartley pattern Potential Reversal Zone (PRZ) -0.9665 USD/CHF has made a low of 0.9567 and recovered till 0.9640 from that level. Overall trend is weak as long as resistance 0.9665...

FxWirePro: Is it a break-away or run-away gap down for AUD/NZD - hedge with PRBS on higher IV

Sep 02, 2015 06:51 am UTC| Technicals

Technical glimpse: On AUDJPY daily chart, a gap down opening is occurred at 83.716 and leading RSI oscillator is stepping down below 30 levels, while %D crossover around 40 levels bolstering selling pressures. But this...

FxWirePro: EUR/USD slips below 1.1300 ahead of Europe open, could test trendline support at 1.1208

Sep 02, 2015 06:32 am UTC| Technicals

Greenback staged a solid comeback on the day as traders preferred to hold the US currency ahead of the key US employment report EUR/USD extends its corrective slide, slips below the 1.1300 handle heading into the...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Sep 02, 2015 05:58 am UTC| Technicals Digital Currency

BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $228. Short term trend is bullish as long as support $198 holds. The minor resistance is around $240 and break above will take...

FxWirePro: GBP/USD range-bound, focus on UK construction PMI

Sep 02, 2015 05:34 am UTC| Technicals

GBP/USD trades a tight range in Asia, currently at 1.5308, with dayshigh at 1.5320 and lows at 1.5290. Buck generally stronger on the day as traders preferred to hold the US currency ahead of the key US employment...

FxWirePro: Buy GBP/JPY at dips around 184-184.05 with SL around 183 for the TP of 185.45/186.20

Sep 02, 2015 05:10 am UTC| Technicals

GBP/JPY has recovered after making a low of 182.45 and is currently trading at 184.03. Intraday trend is bullish as long as support 183.50 holds. Any break below 183.50 will drag the pair further down till...

FxWirePro: EUR/USD forms bullish gartley pattern, good to buy at dips

Sep 02, 2015 04:37 am UTC| Technicals

Harmonic pattern- Bullish Gartley pattern Potential reversal Zone (PRZ)- 1.1210 EURUSD has formed bullish gartley pattern in hourly chart and it is good to buy at dips . On the higher side pairs major...

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