
FxWirePro: Turkish lira continues to fall against US dollar, intraday bias remains bullish
Apr 25, 2016 07:21 am UTC| Technicals
USD/TRY is currently trading at 2.8463 levels. It made intraday high at 2.8520 and low at 2.8421 levels. Intraday bias remains bullish for the moment. A daily close below 2.8402 will take the parity down...

FxWirePro: EUR/GBP closes bearish gap, stays firm ahead of German IFO data, bias lower
Apr 25, 2016 06:38 am UTC| Technicals
EUR/GBP opened with a bearish gap down and hit fresh monthly lows at 0.7749. The pair has broken below strong trendline support at 0.7780 and price action has dipped into the cloud. The pair has closed the...

FxWirePro: USD/CNY breaks key resistance at 6.4910, next target 6.5182
Apr 25, 2016 06:19 am UTC| Technicals
Pair is currently supported above 6.50 marks and trading around 6.5042 levels. It made intraday high at 6.5055 and low at 6.4950 levels. Intraday bias remains bullish for the moment. A daily close below...

FxWirePro: Gold takes support near trend line, good to buy at dips
Apr 25, 2016 06:19 am UTC| Technicals
Major support - $1225 (trend line joining $1205 and $1208) Major resistance - $1242 (55 day 4H EMA) The commodity has taken support at $1227 and started to recover from that level. It is currently trading at...

FxWirePro: Go long on XAG/USD above $17.02, with stop loss 16.88 and target of $17.21
Apr 25, 2016 05:49 am UTC| Technicals
XAG/USD is currently trading around $17.01 marks. It made intraday high at $17.02 and low at $16.85 levels. Intraday bias remains bullish till the time pair holds immediate support level at $16.85 marks. On...

Apr 25, 2016 05:46 am UTC| Technicals
Aussie dollars continues streak of Bull Run against Kiwi dollar has come into halt at around 1.1243 and 1.1264 levels. That is where back-to-back Long legged Dojis and Shooting Star patterns occurred at 1.1247 and...

FxWirePro: NZD/CAD breaks major support 0.8750, good to sell on rallies
Apr 25, 2016 05:26 am UTC| Technicals
Potential Reversal Zone (PRPZ)- 0.8750 NZD/CAD has broken major support 0.8750 and declined till 0.8650 .It is currently trading around 0.8690. The pairs major intraday resistance is around 0.8730 (4H Tenken-Sen)...