
FxWirePro: GBPJPY trades slightly above 50- day MA, jump till 141.20 likely
Apr 19, 2017 12:06 pm UTC| Technicals
Major resistance - 139.45 (50- day MA). GBP/JPY has shown a massive jump yesterday after making a low of 135.59. The pair broken major resistance of 138 and jumped till 139.96. It is currently trading around...

FxWirePro: FTSE100 forms Bullish Gartley Pattern, good to buy on dips
Apr 19, 2017 09:20 am UTC| Technicals
Harmonic pattern: Bullish Gartley pattern. Potential Reversal Zone (PRZ) -7090 The index forms a temporary top around 7449 on Mar 17th 2017 and continuously declining from that level. FTSE100 made a low of 7114...

FxWirePro: EUR/SEK hovers around 9.60 mark, downside limited
Apr 19, 2017 08:30 am UTC| Technicals
EUR/SEK is currently trading around 9.6003 levels. It made intraday high at 9.6143 and low at 9.5910 levels. Intraday bias remains neutral till the time pair holds key resistance at 9.6081 levels. A...

FxWirePro:US Dollar Index forms bullish Gartley Pattern, good to buy on dips
Apr 19, 2017 07:42 am UTC| Technicals
Harmonic Pattern Formed Bullish Gartley Pattern. Potential Reversal Zone (PRZ) - 98.85. The index broken major support at 100 and declined till 99.48 yesterday. Short term trend is slightly bullish as long as...

FxWirePro: 200-DMA breakout and bullish RSI divergence confirm upside in GBP/AUD, stay long
Apr 19, 2017 07:20 am UTC| Technicals
GBP/AUD spikes past crucial 200-DMA as the British Pound surged across the board after UK PM May called for snap elections. Bullish RSI divergence on daily charts along with breakout above 200-DMA confirms upside in...

FxWirePro: South African rand marginally lower ahead of South Africa’s CPI, core CPI data
Apr 19, 2017 07:12 am UTC| Technicals
USD/ZAR is currently trading around 13.35 levels. It made intraday high at 13.37 and low at 13.23 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.44 marks. A daily...

FxWirePro: AUD/NZD breaks strong support at 1.0740, on track to test 100-DMA at 1.0627, stay short
Apr 19, 2017 06:54 am UTC| Technicals
AUD/NZD breaks major trendline support at 1.0740, price action has dipped into daily cloud. Aussie hurt by weakness in iron ore prices and bearish RBA minutes while decent result in the GDT index at 3.1% keeps the...