
Apr 26, 2016 12:52 pm UTC| Technicals
Yesterday, the pair has rejected the stiff resistance at 0.9786, break-out above would have dragged little upside potential upto 0.9823. But failure swings have now facing southward targets upto 0.9713 for the day which...

Apr 26, 2016 12:19 pm UTC| Technicals
Major resistance 1.4515 (Mar 18th 2016) Major support 1.4450 (resistance turned into support) Cable has broken major resistance 1.4515 and jumped till 1.45464 at the time of writing. It is currently trading...

FxWirePro: CHF/JPY faces strong resistance at 114.65 good to sell on rallies
Apr 26, 2016 09:51 am UTC| Technicals
Major resistance 114.70 (200 4 HMA) Major support 113.40 The pair has retreated after making a high of 114.27 yesterday. It is currently trading at 113.71. Short term trend is slightly bearish as long as...

FxWirePro: Capitalize on EUR/AUD rallies to deploy shorts upon “Neckline Breach of Double Top”
Apr 26, 2016 09:50 am UTC| Technicals
On weekly chart, we spotted out a break below Neckline of Double Top at around 1.4696 levels with a bearish candle of big real body. Earlier on daily charting also, weve seen a double top formation and subsequently, the...

FxWirePro: BTC/USD struggles to break above $470, good to buy at dips
Apr 26, 2016 09:02 am UTC| Technicals
Major resistance -$470 BTC/USD has once again retreated after making a high of $469.47. It is currently trading around $464. Short term trend is bullish as long as support $432 holds The pairs major support...
FxWirePro: GBP/USD trades higher on diminishing brexit support, good to buy at dips
Apr 26, 2016 09:01 am UTC| Technicals
Major resistance 1.4515 (Mar 18th 2016) Major support 1.4450 (resistance turned into support) Cable has broken major resistance 1.4515 and jumped till 1.45464 at the time of writing. It is currently trading at...

FxWirePro: Go short on EUR/SEK around 9.1700 with stop loss 9.1760 and target of 9.1435
Apr 26, 2016 08:14 am UTC| Technicals
EUR/SEK is currently trading around 9.1690 levels. It made intraday high at 9.1750 and low at 9.1422 levels. Intraday bias remains bearish for the moment. A daily close below 9.1750 will tests key supports...