
FxWirePro: USD/JPY on back foot, but bullishness intact, good to buy dips
Nov 24, 2015 07:43 am UTC| Technicals
USD/JPY capped below 123 handle on the day after having crawled off last weeks low of 122.62, trading has been soggy and volumes light Position adjustments ahead of Thursdays U.S. Thanksgiving holiday probably weighing on...

FxWirePro: Shooting star signals GBP/JPY’s down streak to resume – retest of 184.604 most likely
Nov 24, 2015 07:11 am UTC| Technicals
Shooting star at peak: It has been anticipated for some more corrections on GBPJPY upon the formation of shooting star pattern candle at peaks of uptrend at around 186.511 on weekly chart which has been unable to hold...

FxWirePro:USD/CHF forms Bullish Cypher Pattern, good to sell on rallies
Nov 24, 2015 06:47 am UTC| Technicals
Harmonic pattern- Bullish Cypher Pattern Potential Reversal Zone -1.0280 (161.8% retracement of 1.0220 and 1.0219) USD/CHF has made a high of 1.02260 and slightly retreated from that level. Intraday support...

GBP/JPY breaks trend line support, targets 184.40
Nov 24, 2015 06:04 am UTC| Technicals
Potential Reversal Zone - 185.80. The pair has broken major trend line support (trend line joining 181.82 and 184.30) and declined till 185.63. Short term trend - Bearish. Trend reversal level -187. Any...

FxWirePro: AUD/USD struggling to extend gains beyond 0.72 handle, good to sell rallies
Nov 24, 2015 05:00 am UTC| Technicals
Falling commodity prices, broad USD strength keep antipodeans subdued, AUD/USD inched up to 0.7207, from 0.7187 in early trade, only to retreat back to 0.7190 levels The pair has gained around two cents in the past...
Nov 24, 2015 03:59 am UTC| Technicals
Intraday Major resistance - 1.06750 The pair is consolidating between narrow range 1.0600 and 1.0656. It is currently trading around 1.06330. Any break above 1.06750 will confirms minor bullishness , a jump till...

FxWirePro: Loonie forms Bullish Cypher pattern, good to sell on raliies
Nov 24, 2015 03:32 am UTC| Technicals
Harmonic Pattern Formed -Bullish Cypher pattern Potential reversal Zone (PRZ) - 1.34350 The pair has retreated after making a high of 1.3435 and is currently trading at 1.3349. Canadian dollar has slightly...