FxWirePro: EUR/GBP breaks major support at 0.7683 on poor German ZEW sentiment data
May 24, 2016 09:16 am UTC| Technicals
Weakness seen in the single currency as German business morale deteriorated in May, following two straight months of increases. The headline ZEW economic sentiment came in much weaker at 6.4 points in May as compared...
BTC/USD forms triple bottom at $435, jump till $450/$470 is possible
May 24, 2016 09:14 am UTC| Technicals
Pattern Formed- Triple bottom Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for further...
FxWirePro: EUR/GBP below 0.7700 handle, focus on German ZEW sentiment data
May 24, 2016 09:05 am UTC| Technicals
Weakness seen in the single currency ahead of German ZEW economic sentiment index. EUR/GBP slips below the 0.7700 handle, finds support near 0.7665-60 area. Break below would see further downside towards 0.76...
FxWirePro: EUR/NOK finds support above 9.37, upside limited
May 24, 2016 08:30 am UTC| Technicals
EUR/NOK is currently trading at 9.3780 levels. It made intraday high at 9.3974 and low at 9.3417 levels. Intraday bias remains neutral for the moment. A daily close below key support 9.3190 level will drag...
May 24, 2016 08:00 am UTC| Technicals
Technical Inference: The technical charts of gold form wave patterns on daily terms. The price behavior is oscillating within the limits of these waves. The precious yellow metal has not been able to hold onto trend...
FxWirePro: DAX faces strong resistance 10120, good to sell on rallies
May 24, 2016 07:42 am UTC| Technicals
Major resistance- 10120 (200 day MA) Major support -9750 DAX has made a high of 9974 and started to decline from that level. It is currently trading around 9815. Short term trend is weak as long as...
FxWirePro: Euro continues to add strength against Swedish krona, key resistance falls at 9.3664
May 24, 2016 07:05 am UTC| Technicals
EUR/SEK is currently trading around 9.3645 levels. It made intraday high at 9.3715 and low at 9.3437 levels. Intraday bias remains bullish for the moment. A daily close above 9.3664 tests key resistances at...
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