FxWirePro: GBP/AUD retreats after better than expected Australian jobs data, good to sell on rallies
Nov 12, 2015 06:23 am UTC| Technicals
GBP/AUD has retreated from the high of 2.1570 after better than expected Aus Jobs data. It is currently trading around 2.1320. Aus total employment lifted 58.6k in October, more than double the top of the market...
FxWirePro: BTC/USD recovers after making a low of $294, good to sell on rallies
Nov 12, 2015 05:54 am UTC| Digital Currency Technicals
BTC/USD has broken major support $300 and declined till $294. It is currently trading around $319. Short term trend is still bearish as long as resistance $350 holds. On the downside major support is around $300 and...
Loonie consolidates in narrow range, market eye Canadian housing prices data
Nov 12, 2015 05:33 am UTC| Technicals
Harmonicpattern-BullishCypher pattern Potential Reversal Zone (PRZ) -1.3300 Loonie trades in narrow range between 1.32248 and 1.3300 for the past two days . Market awaits Canada housing prices which are to be...
FxWirePro: AUD/NZD tests resistance at wide range channel base, bullish on breaks above
Nov 12, 2015 05:30 am UTC| Technicals
AUD/NZD has pulled out of the consolidation phase and re-entered its wide range channel between 1.0895 and 1st July highs of 1.1429. AUD led rally in response to surprisingly strong Australian jobs data has buoyed the pair...
FxWirepro: AUD/USD spike on stellar Australian Oct jobs likely to be temporary, good to sell rallies
Nov 12, 2015 03:42 am UTC| Technicals
Aussie bouyed across the board after stellar Australia employment figures for the month of October set aside any chances of a rate cut from RBA for now. Data took markets by surprise, AUD crosses at new highs post data:...
EUR/USD trades above minor trendline resistance, targets 1.0900
Nov 12, 2015 03:34 am UTC| Technicals
EUR/USD has broken minor trend line resistance around 1.0740 (trend line joining 1.1050 and 1.0893) and is trading slightly well above that level. It is currently trading at 1.07630 at the time of writing. Short term...
GBP/JPY faces strong resistance at 187.70,sell on rallies
Nov 12, 2015 03:16 am UTC| Technicals
Potential Reversal Zone (PRZ) - 187.70. GBP/JPY has made a high of 187.60 and has started to decline from that level. It is trading around 187.25 level. Any break above 187.70 will take the pair till 188.25/189. On...
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