FxWirePro: S&P 500 consolidates in narrow range, good to sell on rallies
Dec 01, 2015 07:55 am UTC| Technicals
SP 500 consolidating in narrow range between 2100 and 2080 for past two trading session Major intraday Support - 2080-2085 (200 day HMA and 30th Nov low) Demand zone- 2100-2108 On the lower side any break...
FxWirePro: Breaks above 0.7285 could see further bullishness in AUD/USD
Dec 01, 2015 07:42 am UTC| Technicals
RBA decision once again turned out be a non-event, the Aussie was little impacted and held onto the gains. AUD/USD has edged lower after hitting highs at 0.7283 on the day, is trading above the 0.7250 handle at...
FxWirePro: Amid USD/JPY puzzling swings 23.6% fibo retracement likely event
Dec 01, 2015 07:01 am UTC| Technicals
USD/JPYs uptrend is persisting but short term bearish sensation cannot be disregarded. After breaching the consolidation pattern, went to the highs of 123.75 levels without any considerable struggle. But for now a...
FxWirepro: USD/CAD forms Bullish Gartley Pattern, good to buy at dips
Dec 01, 2015 06:46 am UTC| Technicals
Harmonic Pattern - Bullish Gartley Pattern Potential Reversal Zone (PRZ) - 1.3268 Loonie has made a high of 1.33920 and started to decline from that level. It is currently trading at 1.33475. On the lower...
FxWirePro: GBP/NZD forms Bullish Cypher Pattern, good to buy at dips
Dec 01, 2015 06:00 am UTC| Technicals
Harmonic Pattern- Bullish Cypher pattern Potential Reversal Zone (PRZ) - 2.268 The pair has made a low of 2.2700 and slightly recovered from that level. Overall trend is still bullish as long as support 2.0680...
FxWirePro: NZD/USD breaks and closes above 0.6568 resistance, broader rally might ensue
Dec 01, 2015 05:45 am UTC| Technicals
NZD/USD held support at 0.6550 in yesterdays trade and edged higher to break and close above trendline resistance at 0.6568 We see some signs that a broader rally might ensue, bulls could target cloud top at 0.6662...
Dec 01, 2015 03:42 am UTC| Technicals
Risk-on rally in the Asian equities on the back of upbeat Caixin Chinas manufacturing survey failed to support USD, which corrected lower across the board Profit taking was seen after the US dollar index faced...
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