FxWirePro:GBP/CAD faces trend line resistance around 2.0185, good to sell on rallies
Feb 02, 2016 06:09 am UTC| Technicals
Candlestick Pattern- Shooting star Major trend line resistance -2.01850 (trend line joining 2.0369 and 2.02779) The pair has made a high of 2.01844 and started to decline from that level. It is currently trading...
Feb 02, 2016 06:05 am UTC| Technicals
0.6559 is strong resistance levels and NZD/USD has been rejected at those levels, has edged lower and is currently trading at 0.6521. Techs on 4-hourly charts show scope for further downside, Stochs have rolled over...
Feb 02, 2016 05:53 am UTC| Technicals
Pair is currently trading around 1.0182 levels. It made intraday high at 1.0201 levels and low around 1.0177 levels. Intraday bias remains bearish below 1.0256 levels. Strong resistance below 1.0327 to bring...
Call update: NZD/USD hits targets, advise booking full profits
Feb 02, 2016 05:43 am UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-NZD-USD-takes-trendline-support-at-06450-good-to-buy-dips-152802) has acheived targets. We advise booking full profits and exiting...
GBP/USD faces struggles to break above 1.4450, targets 1.4300
Feb 02, 2016 05:28 am UTC| Technicals
Major resistance -1.4440 (trend line joining 1.43626 and 1.44074) The pair has broken major trend line resistance yesterday but not be able to hold at higher levels. Cable has started to fall after making a high of...
FxWirePro: USD/JPY upside capped by 200-DMA at 121.47, good to sell rallies
Feb 02, 2016 05:13 am UTC| Technicals
USD/JPY is unable to extend gains above 200-DMA at 121.47 which is strong resistance on the upside. The pair is trading by days lows at 120.53, any further bullishness could be seen only if pair breaks above...
XAU/USD hovers around major resistance at $1127 levels
Feb 02, 2016 04:56 am UTC| Technicals
Pair is currently trading at $1126 levels. It made intraday high at $1130 and low at $1124 levels. If pair hold and made daily close above $1127 levels then next likely level is $1152. Alternatively,...
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