FxWirePro: USD/CAD forms Bullish Gartley Pattern, good to buy at dips
Apr 11, 2016 07:33 am UTC| Technicals
Harmonic Pattern Bullish Gartley pattern Potential Reversal Zone (PRZ) - 1.2850 The pair has declined till 1.29521 after making a high of 1.31805. It is currently trading around 1.29903. Loonie has formed...
FxWirePro: AUD/CAD holds cloud base support at 0.9787, breaks below to target 0.97 levels
Apr 11, 2016 06:33 am UTC| Technicals
AUD/CAD has broken range trade and price action has slipped into the daily cloud, hit session lows at 0.9788. Downside in the pair has found support by cloud base at 0.9787, breaks below will find next support at 0.97...
Gold breaks major resistance at $1245, jump till $1260/$1271 is possible
Apr 11, 2016 06:00 am UTC| Technicals
Major resistance - $1245 Major support -$1230 The yellow metal ahs broken major resistance around $1250 and jumped till $1252.41 at the time of writing. It is currently trading around $1249. Short term trend...
FxWirePro:NZD/CAD faces minor resistance around 0.8925, good to sell on rallies
Apr 11, 2016 05:29 am UTC| Technicals
Minor resistance 0.8970 Major support -0.8850 The pair has broken major support 0.8850 and declined till 0.88240. It is currently trading around 0.88525. Intraday trend is weak as long as resistance 0.8925...
FxWirePro: NZD/JPY finds strong support at 72.80, momentum bearish
Apr 11, 2016 05:24 am UTC| Technicals
NZD/JPY has taken strong trendline support at 72.89 on Apr 7th trade and edged higher. The pair currently trades around 73.65 levels, Doji formation seen in the Asian session after the pair was rejected at highs by...
FxWirePro: NZD/USD edges above 0.68 handle, rise in oil prices supports
Apr 11, 2016 04:49 am UTC| Technicals
NZD/USD retakes the 0.68 handle as commodity currencies are being supported by sharp rise in oil. With the US dollar still on the back foot the risks for NZD/USD remain to the upside. US growth estimates for Q1...
FxWirePro: South Korean Won breaks key resistance at 1153, good to sell on rallies
Apr 11, 2016 04:44 am UTC| Technicals
USD/KRW is currently trading around 1145 levels. It made intraday high at 1154 and low at 1145 levels. Intraday bias remains bearish for the moment. A daily close above 1153 will drag the parity up towards...
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