May 17, 2017 13:27 pm UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...
FxWirePro: Lonnie downside capped by 38.2% fibo, good to sell on rallies
May 17, 2017 12:43 pm UTC| Technicals
USD/CAD has made a low of 1.35750 and jumped slightly from that level. Intraday trend is still weak as long as resistance 1.3660 holds. It is currently trading around 1.36345. WTI Crude oil hits $49.63 and shown a...
FxWirePro: AUD/CHF finds strong support at 0.7270, good to go short on break below
May 17, 2017 12:01 pm UTC| Technicals
AUD/CHF down 0.53 percent on the day, pauses at major trendline support at 0.7270. The pair has broken below channel base support at 0.7415, bias lower. Price action below 200-DMA and daily cloud. Technical...
May 17, 2017 11:56 am UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...
FxWirePro: GBP/USD jumps on mixed UK jobs data, good to buy on dips
May 17, 2017 11:17 am UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...
FxWirePro: GBP/NZD drifts lower along major trendline resistance, good to go long on breakout above
May 17, 2017 11:11 am UTC| Technicals
GBP/NZD drifts lower along major resistance currently at 1.8885 (falling trendline). Breakout above major trendline resistance could see resumption of upside. The Pound has edges higher after drop in UK ILO...
FxWirePro: EUR/USD forms bearish pattern, good to sell on rallies
May 17, 2017 10:20 am UTC| Technicals
Harmonic pattern Bearish AB=CD Pattern. Potential Reversal Zone (PRZ) -1.11300 (161.8% and 61.8% fibo). EURUSD shown a huge jump after breaking 1.10200 high formed after French Elections. The pair jumped till...
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