
Aug 17, 2016 13:10 pm UTC| Technicals
We traced out long legged doji at 1.3046 levels thats where bears resume and began pulling back the rallies to get back into their business. The current prices have attempted to slide below 7DMA soon after long legged...

Aug 17, 2016 12:26 pm UTC| Technicals
Major resistance- 1.3100. Major support 1.2850. Cable has recovered sharply till 1.30705 at the time of writing after making a low of 1.2865. It is currently trading at 1.3020. Short term trend is still...

FxWirePro: GBP/USD recovers from the low of 1.2865, good to sell on rallies
Aug 17, 2016 11:58 am UTC| Technicals
Major resistance- 1.3100. Major support 1.2850. Cable has recovered sharply till 1.30705 at the time of writing after making a low of 1.2865. It is currently trading at 1.3020. Short term trend is still...

FxWirePro: EUR/USD upside capped by 61.8% retracement, good to sell on rallies
Aug 17, 2016 09:35 am UTC| Technicals
Major resistance- 1.1350 (61.8% retracement of 1.1616 and 1.09115). Major support - 1.1225 (100 day MA). The pair has declined sharply after jumping till 1.13225 yesterday. It is currently trading around...

FxWirePro: AUD/USD holds above 10-day MA at 0.7665, good to go short on break below
Aug 17, 2016 08:04 am UTC| Technicals
AUD/USD fails to hold gains above the 0.77 handle, slips below to currently trade around 0.7672 levels. Downside finds strong support at 0.7665 (10-DMA), close below will see downside till 0.7636 (Aug 15 low) and then...

FxWirePro:DAX30 faces strong support at 90 H EMA, good to sell on rallies
Aug 17, 2016 08:03 am UTC| Technicals
Major intraday support 10600 The index has made a temporary top around 10806 and declined from that level. It is currently trading around 10669. In the hourly chart, DAX is trading slightly below Tenkan-Sen...

Aug 17, 2016 07:50 am UTC| Technicals
Technical Inference: Back to back Gravestone Dojis are traced out at 19.690 levels on weekly plotting. But these doji patterns are appeared exactly at a crucial support areas of 19.527, and the current prices are...