
Feb 08, 2017 11:58 am UTC| Technicals
Major support 0.98600 (200- day MA). Major resistance 1.0010 (21- day MA) The greenback retreated after rising slightly above 1.0000 level and slight bullishness can be seen above the 1.0010. It is currently...

FxWirePro:USD/CHF struggles to close above 1.000 level, good to buy on dips
Feb 08, 2017 11:02 am UTC| Technicals
Major support 0.98600 (200- day MA). Major resistance 1.0010 (21- day MA) The greenback retreated after rising slightly above 1.0000 level and slight bullishness can be seen above the 1.0010. It is currently...

FxWirePro: EUR/USD forms Bullish BAT Pattern, good to buy on dips
Feb 08, 2017 09:31 am UTC| Technicals
Harmonic pattern formed: Bullish Bat pattern Potential Reversal Zone (PRZ)- 1.05850 EUR/USD bullish Bat pattern is expected to get completed at 1.06155 which his 88.6% retracement of 1.05891 and 1.08288...

FxWirePro: EUR/AUD hovers around multi-month lows, bias lower, stay short
Feb 08, 2017 08:52 am UTC| Technicals
ECBs Weidmann says ECB not at point where it can end expansionary policy. EUR/AUD capped below 5-DMA as Euro extends weakness. Heightened political uncertainty in the euro area keeps euro subdued, while AUD remains...

FxWirePro: USD/ZAR hovers around key resistance at 13.50, sustained close above targets 13.72
Feb 08, 2017 07:51 am UTC| Technicals
USD/ZAR is currently trading around 13.47 levels. It made intraday high at 13.50 and low at 13.41 levels. Intraday bias remains slightly bullish for the moment. A daily close above 13.50 will take the...

FxWirePro: AUD/CHF fails to close below 5-DMA, bias higher, stay long
Feb 08, 2017 07:16 am UTC| Technicals
AUD/CHF fails to close below 5-DMA, raising scope for upside. AUD buoyed after RBA held policy unchanged, said higher commodity prices have supported a rise in the trade surplus. The bank did state that the inflation...

FxWirePro:GBP/JPY forms Bullish Gartley Pattern, good to buy on dips
Feb 08, 2017 07:12 am UTC| Technicals
Harmonic pattern formed- Bullish Gartley pattern Potential Reversal Zone (PRZ) 136.45 The pair has declined sharply after forming temporary top around 144.78 on Jan 27th 2017 and started to decline from that...