Jan 24, 2017 12:34 pm UTC| Technicals
Major support 0.99575 (38.2% retracement of 0.95493 and 1.03436) Major resistance 1.0040 (5- day MA). USD/CHF has formed a bottom around 0.99595 at the time of writing and started to jump from that level. It is...
FxWirePro:US dollar index forms bullish butterfly pattern, good to buy on dips
Jan 24, 2017 11:36 am UTC| Technicals
Pattern formed: Bullish Butterfly pattern Potential Reversal Zone (PRZ) - 99.90 DXY broken the pschycological level of 100 yesterday and declined till 99.90 yesterday. It is currently trading around...
FxWirePro:USD/CHF downside capped by 38.2% fibo, good to buy on dips
Jan 24, 2017 11:34 am UTC| Technicals
Major support 0.99575 (38.2% retracement of 0.95493 and 1.03436). Major resistance 1.0040 (5- day MA). USD/CHF has formed a bottom around 0.99595 at the time of writing and started to jump from that level. It...
FxWirePro: FTSE100 upside capped by 23.6% fibo, good to sell on rallies
Jan 24, 2017 08:55 am UTC| Technicals
Major support 7130 (resistance turned into support). Major resistance 7360 FTSE100 slightly recovered till 7177 from the low of 7129. It is currently trading around 7171. The index upside is capped by...
FxWirePro: USD/KRW rejects key support at 1,162, bias turns bullish only above 1,169
Jan 24, 2017 08:35 am UTC| Technicals
USD/KRW is currently trading around 1,166 levels. Pair made intraday high at 1,167 and low at 1,161 marks. Intraday bias remains bullish till the time pair holds key support at 1,162 levels. A daily close...
FxWirePro: Prefer to go long on XAG/USD around $17.10 with stop loss at $17.02 and target of $17.35
Jan 24, 2017 07:44 am UTC| Technicals
XAG/USD is currently trading around $17.12 marks. It made intraday high at $17.22 and low at $17.09 levels. Intraday bias remains neutral for the moment. A daily close above $17.19 will test key resistances...
FxWirePro: AUD/NZD breaks below daily cloud, bias lower, good to sell rallies
Jan 24, 2017 07:38 am UTC| Technicals
AUD/NZD price action dips below daily Ichi cloud, intraday bias lower. Weakness seen on daily charts, with MACD on the verge of a bearish crossover. The pair has closed below 100-DMA on Monday with confirmation...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects