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FxWirePro: NZD/JPY hanging man and engulfing patterns repeat the history at stiff resistance – One touch for intraday and DNT for intermediate speculation

Oct 05, 2017 11:29 am UTC| Technicals Insights & Views

NZDJPY bears resume with hanging man and bearish engulfing patterns at 82.110 and 80.979 levels respectively, in minor trend and gravestone doji and shooting star at 80.985 and 82.811 levels respectively in the major...

FxWirePro: GBP/CAD fails at 200-DMA, breaks 20-DMA at 1.6487, good to go short on rallies

Oct 05, 2017 10:33 am UTC| Technicals

GBP/CAD breaks below 20-DMA support at 1.6487, intraday bias bearish. The pair is edging lower after failing to break past 200-DMA resistance. Technical studies have turned bearish, RSI and Stochs are biased...

FxWirePro: GBP/USD trades below major 1.320 level, dip till 1.3100 likely

Oct 05, 2017 09:51 am UTC| Technicals

GBP/USD has formed a temporary top around 1.36574 on Sep 20th 2017 after hawkish BOE statement on interest rate hike. The pair declined sharply for the past three days after weaker than expected UK PMI datas. Pound...

FxWirePro: EUR/GBP Trade Idea

Oct 05, 2017 08:56 am UTC| Technicals

FxWirePros Hourly EUR Spot Index: 114.534 (Bullish) FxWirePros Hourly GBP Spot Index: -179.347 (Bearish) Trend for EUR/GBP: Bullish Technical Studies: Bias Bullish - Stocks and RSI biased higher, RSI edges...

FxWirePro: USD/CHF consolidates in narrow range, good to buy on dips

Oct 05, 2017 08:37 am UTC| Technicals

USD/CHF has shown a minor recovery from the low of 0.97096 after better than expected US economic data. US Private jobs added 135k compared 130k for the month of September. US ISM services PMI came at 59.8% compared to...

FxWirePro: NZD/JPY extends slide along 5-DMA, bias lower, good to go short on rallies

Oct 05, 2017 08:05 am UTC| Technicals

NZD/JPY is extending slide lower, remains capped inside daily cloud. 5-DMA is sharply lower and the pair is extending grind along 5-DMA. Downside finds strong support at 80.40 (50-DMA), break below will...

FxWirePro: GBP/JPY breaks major support at 20- day MA, break below targets 147.10

Oct 05, 2017 07:13 am UTC| Technicals

GBP/JPY continuing its losing trend for four consecutive days and has declined after hitting intraday high of 149.90. It is currently trading around 148.58. The pair has formed minor top around 150.24 on Oct 3rd 2017...

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