FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Jan 10, 2017 14:54 pm UTC| Technicals
The USD/CAD pair declined on Tuesday as oil prices rose and stronger-than-expected domestic housing starts suggested the countrys long housing boom may not yet be over. Housing starts rose to a seasonally adjusted...
FxWirePro: AUD/JPY holds above 85 handle, finds strong support at 84.75
Jan 10, 2017 12:01 pm UTC| Technicals
Technical Analysis: AUD/JPY rejected at highs at 85.91 on Mondays trade. Doji formation seen at highs. Pair struggling to hold gains above 20-DMA. Momentum studies are bullish, scope for upside seen. RSI strong...
Jan 10, 2017 12:00 pm UTC| Technicals
Pattern formed Bullish Gartley pattern Major support -140 The pair declined drastically after breaking major support 142.15. It has made a low of 140.20 at the time of writing and is currently trading around...
FxWirePro:US OIL forms Bullish Gartley pattern, good to buy on dips
Jan 10, 2017 10:23 am UTC| Technicals
Harmonic pattern formed- Bullish Gartley pattern Potential Reversal Zone (PRZ) - $51. US Oil has formed bullish Gartley pattern in the four hour chart. It is currently trading around $52.25. On the lower...
FxWirePro:GBP/JPY forms bullish Gartley pattern, good to buy on dips
Jan 10, 2017 08:22 am UTC| Technicals
Pattern formed Bullish Gartley pattern Major support -140 The pair declined drastically after breaking major support 142.15. It has made a low of 140.20 at the time of writing and is currently trading around...
FxWirePro: USD/ZAR breaks key support at 13.75 mark, good to sell on rallies
Jan 10, 2017 07:29 am UTC| Technicals
USD/ZAR is currently trading around 13.64 levels. It made intraday high at 13.68 and low at 13.59 levels. Intraday bias remains bearish for the moment. A daily close above 13.66 will take the parity...
EURUSD faces strong resistance at 61.8% fibo, break above targets 1.0800
Jan 10, 2017 06:54 am UTC| Technicals
Major resistance 1.0670 (Dec 14th 2016 high). Major support 1.0480 (Dec 5th Low). EUR/USD has taken support near 1.4800 and recovered sharply from that level. It is currently trading around 1.0608. It...
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