
May 31, 2016 12:01 pm UTC| Technicals
Major resistance -0.7155 (trend line joining 0.7245 and 0.7200) AUD/CHF has violated trend resistance and jumped till 0.7195 at the time of writing. It is currently trading around 0.71785. Aussie traded higher...

May 31, 2016 11:19 am UTC| Technicals
Reversal signal is generated from series of bearish candles at whipsaws on 7DMA. Shooting star candle patterns are occurred quite frequently within the whipsaws range (see circled areas within sideways. For now, we...

FxWirePro: EUR/USD faces strong resistance at 1.1180, good to sell on rallies
May 31, 2016 10:03 am UTC| Technicals
Major intraday Resistance- 1.1155 (21 day 4 HMA and also trend line joining 1.12168 and 1.1200) Major support 1.1100 (200 day MA) Euro has jumped till 1.11548 today and declined from that level. It is currently...

FxWirePro: ETH/USD faces strong support at $12, good to buy at dips
May 31, 2016 08:44 am UTC| Technicals
Major support - $11.97 (21 day MA) The pair has taken support near $12 and slightly recovered from that level. It is currently trading around $12.60. ETH/USD minor resistance is around $13.11 and any break above...

FxWirePro: EUR/JPY rejected at session highs 124.13, EZ inflation data awaited for further direction
May 31, 2016 08:32 am UTC| Technicals
EUR/JPY was rejected at session highs by 124.13, has slipped below 124 handle to currently trade at 123.45. The shared currency is losing the grip in the European session as we head into eurozone flash inflation...

FxWirePro: Norwegian krone falls sharply against euro, upside limited
May 31, 2016 08:15 am UTC| Technicals
EUR/NOK is currently trading at 9.3275 levels. It made intraday high at 9.3333 and low at 9.2782 levels. Intraday bias remains bullish for the moment. A daily close below key support 9.3190 level will drag...

FxWirePro:BTC/USD faces strong resistance at $550 , good to buy at dips
May 31, 2016 07:50 am UTC| Technicals
BTC/USD has declined after making a high of $540. It is currently trading around $530. Short term trend is bullish as long as support $470 (resistance turned into support) holds. On the higher side the pair is...