FxWirePro: Cloud caps recovery in EUR/GBP, breakout above 0.8884 to see further upside
Sep 19, 2017 11:08 am UTC| Technicals
The single currency buoyed following the release of the German ZEW survey which were upbeat across all indicators. The headline economic sentiment rebounded sharply in Sept, coming in at 17.0 versus 12.5 expectations...
FxWirePro: AUD/JPY extends break above daily cloud, eyes major trendline resistance at 90, stay long
Sep 19, 2017 10:29 am UTC| Technicals
AUD/JPY is extending upside after breaking above daily cloud, bias higher. The pair holds 5-DMA support at 88.62, we see minor weakness on break below. On the upside the pair is testing stiff resistance at...
FxWirePro: EUR/USD trades higher, market eyes US Fed monetary policy
Sep 19, 2017 09:37 am UTC| Technicals
EUR/USD has broken major psychological resistance at 1.2000 after consolidating in narrow range for past three trading sessions. The pair jumped till 1.20064 in European session and is currently trading around 1.19869....
FxWirePro: NZD/JPY on track to test weekly 200-SMA at 82.20, stay long
Sep 19, 2017 08:58 am UTC| Technicals
NZD/JPY has breached 50-DMA resistance at 80.80, intraday bias bullish. The pair closed above weekly 20-SMA in the previous weeks trade. We see scope for test of weekly 200-SMA at 82.20. Technical studies on...
FxWirePro: XAG/USD hits fresh 3-week low at $17.04 mark, stay bearish
Sep 19, 2017 08:13 am UTC| Technicals
XAG/USD is currently trading around $17.15 marks. It made intraday high at $17.21 and low at $17.11 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $17.22 mark. A...
FxWirePro: FTSE100 forms Bullish Gartley pattern, good to buy on dips
Sep 19, 2017 07:36 am UTC| Technicals
Harmonic Pattern Bullish Gartley pattern Potential Reversal Zone (PRZ) - 7092 FTSE100 has recovered slightly after forming a bottom around 7193.The index jumped till 7261 and is currently trading around...
FxWirePro: USD/CNY hits fresh 2-week high at 6.5968 mark, bias remains bullish
Sep 19, 2017 07:34 am UTC| Technicals
USD/CNY is currently trading around 6.5889 marks. It made intraday high at 6.5968 and low at 6.5719 levels. Intraday bias remains bullish till the time pair holds key support at 6.5456 mark. A sustained...
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