
FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to sell on rallies
Dec 24, 2015 12:00 pm UTC| Technicals
Harmonic pattern formed - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 1.09820 EUR/USD has recovered after making a low of 1.0869. It is currently trading around 1.09543 The pairs major resistance...
Dec 24, 2015 11:44 am UTC| Technicals Politics
Parliamentary assembly is in adjournment until February, resulting Brazilian assets a brief halt from the political turmoil, as no traces of any developments in the process of President Rousseffs charges, House Speaker...

Silver trades above trend line resistance, a jump till $14.62 is possible
Dec 24, 2015 10:17 am UTC| Technicals
The commodity has broken trend line resistance and jumped till $14.37 on Tuesday. It is currently trading around $14.32. Short term trend is bullish a jump till $14.62 is possible. On the lower side support is around...
Major European Indices Technical Analysis
Dec 24, 2015 08:30 am UTC| Technicals
DAX: DAX is trading slightly higher after making a low of 10397 on Tuesday. The index is facing major resistance around 10833 (17th Dec 2015 high). Any break above 10835 will take the index till 11040(200 day...

Dec 24, 2015 08:04 am UTC| Technicals
Whats cooking with JPY fundamentals: The Bank of Japan (BoJ) decided on surprise measures to qualitatively supplement its QQE without further quantitative easing last week (BoJ reinforces open ended character of QQE...

FxWirePro: USD/CAD faces resistance around 1.3900, good to sell on rallies
Dec 24, 2015 07:10 am UTC| Technicals
Major support -1.3847 (200 day MA) The pair has made a low of 1.3835 and slightly recovered from that level. Short term trend is still bearish as long as resistance 1.3900 holds. Any break above 1.3900 will take...

Dec 24, 2015 07:08 am UTC| Technicals
EUR/AUD has breached strong trendline support at 1.5070 after 3 weeks of the choppy range trade. Price action is well below the cloud, Stochs have shown a bearish crossover and rolled-over from overbought levels, RSI...