Mar 02, 2017 12:44 pm UTC| Technicals
On daily charts, despite attempts of up and down swings in the last couple of trading sessions, the price behavior remain between falling wedge formation that seemed a bit sloping amid the traces the sorts of railroad...
FxWirePro:EUR/USD upside capped by 21- 4H EMA, good to sell on rallies
Mar 02, 2017 12:08 pm UTC| Technicals
Major resistance 1.06305 (Feb 27th high) Major support 1.05150 (trend line joining 1.04935 and 1.05143) EURUSD shown mild decline below 1.05200 level and had started to recover from that level. The pair has...
FxWirePro:AUD/CHF faces strong trend line resistance, good to sell on rallies
Mar 02, 2017 10:38 am UTC| Technicals
Major support 0.76950 (trend line joining 0.7511 and 0.76881) Major resistance 0.7750 (trend line joining 0.77984 and 0.77485). AUD/CHF has once again retreated sharply after jumping till 0.77465. It is...
FxWirePro: EUR/JPY breaks above 20-DMA, bias higher, stay long
Mar 02, 2017 10:36 am UTC| Technicals
EUR/JPY is extending upside after break above 100-DMA at 119.51 on Wednesdays trade. The single currency largely muted post-EMU CPI data. Preliminary inflation data showed consumer prices rose at an annualized...
FxWirePro: DAX30 forms shooting star in the four hour chart, good to sell on rallies
Mar 02, 2017 09:28 am UTC| Technicals
Candlestick pattern formed Shooting star Potential Reversal Zone (PRZ) - 12170 The index has formed a minor bottom around 11726 and jumped sharply till 12101 at the time of writing. DAX30 is trading around 12051...
FxWirePro: Norwegian krone weakens against euro, short term trend reversal likely
Mar 02, 2017 08:27 am UTC| Technicals
EUR/NOK is currently trading at 8.8808 levels. It made intraday high at 8.8816 and low at 8.8618 levels. Intraday bias remains bullish till the time pair holds key support at 8.8473 marks. A sustained close...
FxWirePro: Swedish krona erases previous loss against euro, bias remains bearish
Mar 02, 2017 07:57 am UTC| Technicals
EUR/SEK is currently trading around 9.5345 levels. It made intraday high at 9.5450 and low at 9.5330 levels. Intraday bias remains bearish for the moment. A sustained break above 9.5435 tests key resistances...
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