FxWirePro: EUR/USD runs out of steam as bullish signals weaken
Apr 19, 2017 14:59 pm UTC| Technicals
The EUR /USD pair dipped slightly on Wednesday as the dollar regained some ground, but tensions over North Korea and upcoming French and UK elections limited investor demand for the greenback. Investors remained...

FxWirePro: USD/CHF takes support near 200 –day MA, good to buy on dips
Apr 19, 2017 13:11 pm UTC| Technicals
The pair has broken major support of 1.000 and declined till 0.99533 at the time of writing. It is currently trading around 0.99728. Short term trend is still weak as long as resistance 1.0170 holds. Minor bullishness...

FxWirePro: CHF/JPY trades above 10- day MA, jump till 110 likely
Apr 19, 2017 13:00 pm UTC| Technicals
CHFJPY formed a bottom at 107.84 and jumped from that level. The pair has broken major resistance 10 day MA at 109.15 and jumped till 109.42 at the time of writing. It is currently trading around 109.19. The pair is...

Apr 19, 2017 12:14 pm UTC| Technicals Insights & Views
EURGBP forms double top with peak 1 at 0.8852, peak 2 at 0.8787 and with the neckline at 0.8417 levels. Consequently, upon this bearish pattern, the bears have managed to break below this neckline level, which is a...

Apr 19, 2017 12:08 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: 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...