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FxWirePro: EUR/USD drops below 1.1350 level as dollar advances on U.S. Fed rate hike views

Aug 19, 2016 15:09 pm UTC| Technicals

EUR /USD pair declined on Friday as the pair attracted selling interest after comments in favour of a hike from San Francisco Federal Reserves William Dudley offered support to the dollar. Currently, the pair is...

GBP/USD Trade idea

Aug 19, 2016 12:22 pm UTC| Technicals

Major resistance 1.3185. Cable clocked a fresh two-week at 1.31853 yesterday after better than expected UK economic data. The pair has formed bullish MA crossover in the daily chart 5 day MA and 10- day MA cross...

FxWirePro: EURUSD forms bearish Bat pattern, good to sell on rallies

Aug 19, 2016 11:54 am UTC| Technicals

Pattern formed Bearish Bat pattern. Major resistance- 1.1370 The pair has formed bearish Bat pattern in 4-hour chart. The major resistance is around 1.1370 and any minor bullishness only above that level. It is...

FxWirePro: DAX30 takes support at 200- HMA, good to sell on rallies

Aug 19, 2016 09:32 am UTC| Technicals

Major intraday support 10490 (200 HMA). The index has declined till 10497 at the time of writing and is currently trading around 10515. In the hourly chart,DAX is facing strong resistance at 10650 (100 H MA).Any...

FxWirePro: GBP/USD forms bullish MA crossover, good to buy on dips

Aug 19, 2016 07:52 am UTC| Technicals

Major resistance 1.3185 Cable clocked a fresh two -week at 1.31853 at the time of writing after better than expected UK economic data. The pair has formed bullish MA crossover in the daily chart 5 day MA and 10-...

FxWirePro: GBP/JPY upside by 23.6% retracement, good to sell on rallies

Aug 19, 2016 07:20 am UTC| Technicals

Major resistance 132.40 (23.6% retracement of 143.23 and 129.06). The pair has recovered sharply till 132.25 after making a low of 130.01 at the time of writing. It is currently trading around 131.68. Cable...

FxWirePro: EUR/JPY trades a narrow range, 20-DMA at 113.85 caps upside

Aug 19, 2016 06:56 am UTC| Technicals

EUR/JPY has been trading in a narrow range between 114 and 112.30 since 3rd Aug. On the day EUR/JPY extends narrow range trade, the single currency showed muted reaction to the negative German PPI data released...

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