
FxWirePro:EUR/USD faces strong trend line resistance at 1.0600,good to sell on rallies
Jan 05, 2017 08:59 am UTC| Technicals
Major resistance 1.0600 (trend line joining 1.08735 and 1.0675). Major support 1.03400 EURUSD has once declined sharply after jumping till 1.057496.It is currently trading around 1.0510. The pair broken...

FxWirePro: USD/ZAR hits fresh 4-week low at 13.49, faces strong support at 13.45
Jan 05, 2017 07:59 am UTC| Technicals
USD/ZAR is currently trading around 13.55 levels. It made intraday high at 13.63 and low at 13.49 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.82 marks. A daily...

FxWirePro: Bullish bias builds in copper after break above 20-DMA, good to go long on dips
Jan 05, 2017 07:15 am UTC| Technicals
Copper breaks above 20-DMA at 2.548. Technical studies have turned bullish. -RSI moves above 50 - Stochs rollover from oversold, biased higher - MACD is on verge of a bullish crossover on signal line The...

FxWirePro: XAG/USD hits fresh 3-week high at $16.68, sustained close above targets $16.92 mark
Jan 05, 2017 06:59 am UTC| Technicals
XAG/USD is currently trading around $16.64 marks. It made intraday high at $16.68 and low at $16.37 levels. Intraday bias remains bullish till the time pair holds key support at $16.23 levels. A daily close...

Jan 05, 2017 06:58 am UTC| Technicals
After 6-7 months of consolidation pattern now seems to be exhausted at 50% of Fibonacci retracements from the lows of 72.437 levels (Jun16 lows). As you could probably make out the upswings on monthly plotting have...

FxWirePro: NZD/USD takes out 0.70, 'Potential Bearish Cypher', scope for test of 200-DMA at 0.7077
Jan 05, 2017 06:48 am UTC| Technicals
NZD/USD breaks above 20-DMA, hits 3-week highs at 0.7020, bias higher. Potential Bearish Cypher pattern seen on daily charts. Scope for test of 200-DMA at 0.7077. Bullish invalidation on close below 20-DMA at...
JGB Technical Assessment: Momentum Weekly Bearish
Jan 05, 2017 06:39 am UTC| Technicals
With a break below 150.00, which lead the price to 149.00 followed by 148.00 further out. The pair may stall around the price 150.00. Back above 152.00 will force to revalue. Analysis Bias 1-Week Objective: DOWN to...