
FxWirePro: South Korean won marginally higher against euro on robust consumer sentiment index
Feb 24, 2017 01:08 am UTC| Technicals
EUR/KRW is currently trading around 1,196 mark. Pair made intraday high at 1,198 and low at 1,196 levels. Intraday bias remains neutral till the time pair holds key support at 1,195 mark. A daily close below...
FxWirePro: GBP/USD rallies above 1.2540 but reversal is likely
Feb 23, 2017 15:57 pm UTC| Technicals
GBP/USD rose on Thursday as growing concerns over the outcome of French presidential elections and sharp decline in US dollar helped the British pound. Much of the move was due to a broad selloff in the U.S. dollar...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Feb 23, 2017 15:10 pm UTC| Technicals
The EUR/USD rose higher on Thursday as dollar was weighed down after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next...

FxWirePro:US Dollar index forms Bullish Bat pattern, good to buy on dips
Feb 23, 2017 15:01 pm UTC| Technicals
Harmonic pattern formed Bullish Bat pattern Potential Reversal Zone (PRZ)- 100.40 US Dollar index has once again declined after jumping till 101.72 level yesterday. It is currently trading around 101. On...

FxWirePro:DAX30 forms shooting star in 4H chart,good to sell on rallies
Feb 23, 2017 13:43 pm UTC| Technicals
Chart pattern shooting star Major resistance 12175 (161.8% retracement of 11892 and 11463). The index has shown a mild jump till 12033 after breaking above 12000 level. DAX is curtly trading around...

Feb 23, 2017 12:03 pm UTC| Technicals
On daily terms, shooting star is traced out at 54.22 levels to evidence the price slumps but not below DMAs, taking the supports at around 7 21DMAs it has bounced back again. Most notably, since 7DMA has crossed over...

Feb 23, 2017 11:53 am UTC| Technicals
Major trend line support 112 (trend line joining 112.36 and 112.16) Major intraday resistance 112.73 (55- day EMA) CHF/JPY breaks the trend line support of 112 and declined till 111.50 level. The pair was...