
FxWirePro:USD/CHF faces major support around 1.0220, good to sell on rallies
Dec 23, 2016 10:05 am UTC| Technicals
Major support 1.02800 (trend line joining 1.00834 and 1.02217) Major Resistance 1.0300 (trend line joining 1.03435 and 1.3020) USD/CHF made a temporary bottom around 1.0220 and slightly recovered from that...

FxWirePro: AUD/USD history repeats at sliding channel resistance, conviction holds true
Dec 23, 2016 09:37 am UTC| Technicals
We kept urging trend is your friend and the major trend has been bearish, weve been uttering this not to buck the major trend in our previous write-ups. Please follow below weblinks for more readings on...

GBP/JPY faces strong support at 21- day MA, break below targets 142.50
Dec 23, 2016 08:22 am UTC| Technicals
Major resistance 145.20 (trend line joining 148.45 and 147.35). Major support 144.10 (21- day MA) GBP/JPY started to show a decline after jumping till 146.35 from the low of 144.52. The pair breaks minor...

FxWirePro: NZD/USD finds strong support at 0.6880, break above 5-DMA to confirm upside
Dec 23, 2016 08:00 am UTC| Technicals
NZD/USD hovers around 0.69 handle after holding major trendline support at 0.6880. Upbeat GDP data along with strong GDT price rise seen this week could see some upside for the kiwi. Overall momentum however, remains...

FxWirePro: USD/ZAR hovers around 14.00 mark, good to sell on rallies
Dec 23, 2016 07:32 am UTC| Technicals
USD/ZAR is currently trading around 14.01 levels. It made intraday high at 14.05 and low at 13.99 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.09 marks. A daily...

FxWirePro: Gold trades flat on account of Christmas holiday, good to sell on rallies
Dec 23, 2016 06:20 am UTC| Technicals
Gold is trading in narrow range between $1122 and $1142 for the past four trading session on account of Christmas holidays. The yellow metal formed a minor top around $1142 and is currently trading around $1130. Gold...

Dec 23, 2016 06:11 am UTC| Technicals
Well, as stated in our previous technical write up, please be noted the price slumps, this isnt a magic or miracle but sheer analysis. The bullish effects have consistently been restrained at 0.7761, and after this...