
FxWirePro: Buy GBP/USD above 1.2582
Feb 24, 2017 13:01 pm UTC| Technicals
Major intraday support - 1.2400 (trend line joining 1.2345 and 1.23875) Major Resistance 1.25820 (Feb 9th 2017) Cable has shown a huge jump yesterday after breaking 1.2500 level. It is currently trading around...

Feb 24, 2017 12:57 pm UTC| Technicals
Harmonic pattern formed Bearish Gartley pattern Potential Reversal Zone (PRZ) - 1.06330 EUR/USD formed a minor bottom around 1.04938 on 22nd Feb 2017 and recovered sharply from that level . The pair breaks...

FTSE100 forms triple bottom at 7250, break below targets 7145
Feb 24, 2017 10:45 am UTC| Technicals
Chart pattern formed triple bottom Major support - 7250 Major resistance- 7322 FTSE100 has formed a temporary top around 7322 and started to decline from that level. The index broken major support at 7250...

FxWirePro:EUR/USD forms Bearish Gartley pattern, good to sell on rallies
Feb 24, 2017 09:38 am UTC| Technicals
Harmonic pattern formed Bearish Gartley pattern Potential Reversal Zone (PRZ) - 1.06330 EUR/USD formed a minor bottom around 1.04938 on 22nd Feb 2017 and recovered sharply from that level . The pair breaks...

FxWirePro: AUD/NZD extends downside after break below 5-DMA, good to sell rallies
Feb 24, 2017 09:05 am UTC| Technicals
AUD/NZD extends downside after rejection at major trendline resistance on Wednesdays trade. The pair has closed below 5-DMA and recovery attempts on the day rejected below 5-DMA. Aussiedented after Lowes comments...

FxWirePro: Norwegian krone marginally higher against euro, short term bias remains bearish
Feb 24, 2017 07:57 am UTC| Technicals
EUR/NOK is currently trading at 8.8242 levels. It made intraday high at 8.8242 and low at 8.8081 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 8.8330 marks. A...

FxWirePro: Buy GBP/JPY above 141.80
Feb 24, 2017 07:23 am UTC| Technicals
Chart pattern- Symmetrical triangle pattern Major resistance 141.80 (trend line joining 144.78 and 142.80) Major support 140.10 (trend line joining 136.45 and 138.53) GBP/JPY has recovered sharply after...