Jan 20, 2017 13:14 pm UTC| Technicals
The upswings of this pair have made an attempt to break pivot level at around 1.4211 levels where it has tested support and resistance several times in the past. Any break above may drag the rallies up to next stiff...
Jan 20, 2017 12:03 pm UTC| Technicals
Potential Reversal Zone (PRZ) 1.07350 Major Support 1.0580 (double bottom) The pair has formed a bottom at 1.05890 and jumped sharply till 106937 level at the time of writing. It is currently trading around...
FxWirePro:EUR/USD faces minor bottom around 1.0580, good to buy on dips
Jan 20, 2017 11:04 am UTC| Technicals
Potential Reversal Zone (PRZ) 1.07350. Major Support 1.0580 (double bottom) The pair has formed a bottom at 1.05890 and jumped sharply till 106937 level at the time of writing. It is currently trading around...
FxWirePro: EUR/JPY edges above 20-DMA, close above could see grind higher
Jan 20, 2017 10:07 am UTC| Technicals
EUR/JPY has reclaimed 20-DMA after it failed to close below 50-DMA. The pair is rangebound on the day, has edged higher to currently trade at 122.53. The pair finds stiff resistance at 122.25 (20-DMA), upside...
FxWirePro: AUD/USD rejected at highs, finds strong support at 0.7495 (200-DMA)
Jan 20, 2017 09:22 am UTC| Technicals
AUD/USD rejected at fresh multi-week highs at 0.7588, edges lower to currently trade at 0.7540. The pair finds minor support at 5-DMA at 0.7530, break below could see downside upto 0.7495. We do no see any signs...
FxWirePro:GBP/USD faces strong resistance at 1.2435, good to sell on rallies
Jan 20, 2017 09:10 am UTC| Technicals
Major resistance 1.2435 (Jan 5th high). Cable has recovered sharply after declining till 1.22528. It is currently trading around 1.23450. GBP/USD has made a slight jump above 61.8% retracement and started to...
FTSE100 faces strong support at 23.6% fibo, break below targets 7070
Jan 20, 2017 07:55 am UTC| Technicals
Major support 7180 (23.6% retracement of 6606 and 7359) Major resistance 7360 FTSE100 has broken minor pschycological support 7200 and declined till 7190 yesterday.it is currently trading around 7209. The...
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