
FxWirePro: ETH/USD faces strong support at $12, good to buy at dips
May 31, 2016 08:44 am UTC| Technicals
Major support - $11.97 (21 day MA) The pair has taken support near $12 and slightly recovered from that level. It is currently trading around $12.60. ETH/USD minor resistance is around $13.11 and any break above...

FxWirePro: EUR/JPY rejected at session highs 124.13, EZ inflation data awaited for further direction
May 31, 2016 08:32 am UTC| Technicals
EUR/JPY was rejected at session highs by 124.13, has slipped below 124 handle to currently trade at 123.45. The shared currency is losing the grip in the European session as we head into eurozone flash inflation...

FxWirePro: Norwegian krone falls sharply against euro, upside limited
May 31, 2016 08:15 am UTC| Technicals
EUR/NOK is currently trading at 9.3275 levels. It made intraday high at 9.3333 and low at 9.2782 levels. Intraday bias remains bullish for the moment. A daily close below key support 9.3190 level will drag...

FxWirePro:BTC/USD faces strong resistance at $550 , good to buy at dips
May 31, 2016 07:50 am UTC| Technicals
BTC/USD has declined after making a high of $540. It is currently trading around $530. Short term trend is bullish as long as support $470 (resistance turned into support) holds. On the higher side the pair is...

FxWirePro: AUD/CHF trades higher on upbeat Aussie economic data, good to buy at dips
May 31, 2016 07:29 am UTC| Technicals
Major resistance -0.7155 (trend line joining 0.7245 and 0.7200) AUD/CHF has violated trend resistance and jumped till 0.7195 at the time of writing. It is currently trading around 0.71785. Aussie traded higher...

FxWirePro: Swedish krona erases previous loss against euro, intraday bias remains slightly bearish
May 31, 2016 07:23 am UTC| Technicals
EUR/SEK is currently trading around 9.2709 levels. It made intraday high at 9.2824 and low at 9.2677 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.28 marks. A daily close...

FxWirePro: 'Bullish Bat' pattern on AUD/CAD dailies, test of 0.96 likely
May 31, 2016 06:41 am UTC| Technicals
Bullish Bat pattern completed on AUD/CAD dailies. Potential Reversal Zone: 0.9323 Bullish invalidation below: 0.9150 Target Price: 0.95/0.96/0.9775 Pair is currently struggling at 21-DMA at 0.9452,...