
FxWirePro: Gold forms Bearish Gartley pattern, good to sell on rallies
Apr 29, 2016 05:54 am UTC| Technicals
Harmonic Pattern- Bearish Gartley pattern Potential Reversal Zone (PRZ) -$1285 The yellow metal has jumped till $1280 today morning and slightly retreated from that level. It is currently trading around...

FxWirePro: AUDCAD consolidating Wednesday’s drop, holds above 61.8% Fib of Sept-Dec rally
Apr 29, 2016 05:49 am UTC| Technicals
AUDCAD is consolidating Thursdays drop, Spinning top formation evidenced on Thursdays trade. The is holding above the 61.8% Fib retrace level of the Sept-Dec rally, further near-term consolidation...

FxWirePro: EUR/JPY edges higher from weekly lows at 121.88, bias lower
Apr 29, 2016 05:21 am UTC| Technicals
EUR/JPY edges higher from weekly lows at 121.88 to retake the 122 handle, but bias remains to the downside. Our previous call...

FxWirePro: NZD/JPY sees strong downside bias, good to sell rallies
Apr 29, 2016 04:26 am UTC| Technicals
NZD/JPY price action breaks below daily cloud and bias is strongly to the downside. The pair has broken strong trendline support at 75.70 on Thursdays trade. Stochs are biased lower, and 5-DMA is showing a...

Apr 29, 2016 04:21 am UTC| Technicals
XAU/USD is currently trading around $1274 mark. It made intraday high at $1280 and low at $1264 levels. Intraday bias remains bullish till the time pair holds immediate support at $1262 marks. A daily close...

FxWirePro: AUD/JPY holds above cloud base at 82, break below could test 81.30
Apr 29, 2016 04:04 am UTC| Technicals
AUD/JPY extends slump post BoJ surprise to hit fresh 3-week lows at 81.73. The pair finds strong support at 82 levels which is a psychological barrier and daily cloud base. If the pair sees a clear break below 82...

Apr 29, 2016 03:10 am UTC| Technicals
AUD/NZD is trading around 1.0952 marks. Pair made intraday high at 1.0966 and low at 1.0926 marks. Australias Producer Price Index fell 0.2% in the March quarter easing from 0.3% in the previous quarter and...