| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: USD/ZAR edges higher but bearish outlook persists

USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865

FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed

FxWirePro- Major Crypto levels and bias summary

FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption

NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro- Major European Indices

FxWirePro: GBP/AUD moves lower on weak UK data

Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact

FxWirePro- Woodies Pivot(Major)

FxWirePro- Major Pair levels and bias summary

FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike

FxWirePro: GBP/USD dips lower on negative UK retail sales data

FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path

©Econometrics LLC . All Rights Reserved.

FxWirePro:EUR/USD faces strong resistance at 1.09550, good to buy on dips

Thursday, October 27, 2016 9:53 AM UTC

Major Resistance- 1.09550 (support turned into resistance)
Major support - 1.08500
EUR/USD pared its gains yesterday after jumping till 1.09458 level. The pair declined till 1.08920 and slightly recovered from that level.
It should break above 1.09550 for further upside. Any break above 1.09550 will take the pair to next level till 1.1000/1.0392 (Oct 20th high).
On the lower side, any break below 1.0850 will drag the pair to next immediate support at 1.0820/1.0770.

It is good to buy on dips around 1.08750 with SL around 1.0850 for the TP of 1.0950/1.100

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland

U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Ukraine Signals Support for U.S.-Led Three-Sided Talks With Russia to Boost Peace Efforts

Lula Warns Against Military Action in Venezuela as U.S. Pressure Mounts

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro:EUR/USD faces strong resistance at 1.09550, good to buy on dips

Editor's Picks

Welcome to EconoTimes