
Sep 17, 2015 07:20 am UTC| Technicals
On the verge of important day in U.S. as there are no significant data releases from U.K side that could propel GBP today except retail sales, GBPUSD may likely to experience random walk for today. Hence, we believe pound...

FxWirePro: Gold forms bearish cypher pattern, good to buy at dips
Sep 17, 2015 06:30 am UTC| Technicals
Potential Reversal Zone (PRZ)- $1098. Gold has recovered form the low of $1100 and is currently trading at $1120. Overall trend is slightly bullish as long as support $1098 holds. Any break below $1098 will drag the...

FxWirePro: BTC/USD faces strong resistance around 200 4HMA, good to sell on rallies
Sep 17, 2015 04:37 am UTC| Technicals
BTC/USD has retreated till $223 after making a high of $246 and is currently trading at $229. Short term trend is weak as long as resistance $250 holds. The major resistance is around $250 and break above will take the...

GBP/JPY forms shooting star pattern ,targets 184.95
Sep 17, 2015 03:57 am UTC| Technicals
Candle stick pattern- Shooting star GBP/JPY has recovered till 187.24 after making a low of 184.25. The pairs major resistance is around 187.50 and any further bullishness only above 187.50. Any break above 187.50...

FxWirePro: USD/CHF faces strong resistance around 0.9770, good to sell on rallies
Sep 17, 2015 03:10 am UTC| Technicals
USD/CHF declined till 0.96695 aftermaking a high of 0. is currently trading at 0.9704. The pair is facing strong trend line resistance around 0.9770 and any intraday jump can be seen only above that level Overall trend...

FxWirePro: USD/JPY forms bearish cypher pattern,good to sell on rallies
Sep 17, 2015 02:25 am UTC| Technicals
Pattern formed- Bearish cypherPotential Reversal Zone (PRZ)- 121.30 USD/JPY is consolidating between 119.60 and 120.75 for the past two trading session on account of FOMC meeting which is to be held on Sep 17th...
FxWirePro: EUR/USD key resistance at 1.1328, downside prevails in the short term
Sep 16, 2015 14:37 pm UTC| Technicals
>The Euro declined against dollar in European session after Eurozone inflation printed negative figures. However, the pairs rebounded to pare all the losses back, after the release of Core CPI figures from the US...