
Apr 06, 2016 11:52 am UTC| Technicals
Major Intraday support -1.3100 (trend line joining 1.2857 and 1.30024) The pair has retreated after making a high of 1.32186. It is currently trading around 1.31469. Intraday trend is slightly bullish as long as...

FxWirePro: DAX30 forms Bullish Bat Pattern, good to buy at dips
Apr 06, 2016 11:50 am UTC| Technicals
Harmonic Pattern formed Bullish Bat Pattern Potential reversal Zone (PRZ) 9395 The index has made a low of 9501 and slightly recovered from that level. It is currently trading around 9667. Short term trend...

Apr 06, 2016 11:44 am UTC| Technicals
EUR/INR creeps up to reach 6-weeks highs of 75.6770 levels after testing supports at 7DMA but could not manage to hold onto the day highs of 75.7820 as it reaches upper Bollinger band. Current prices are well above 7 ...

FxWirePro: NZD/USD capped below 10-DMA at 0.6807, momentum studies bearish
Apr 06, 2016 11:43 am UTC| Technicals
NZD/USD bears tighten grip below 0.68 handle, pair capped below 10-DMA at 0.6807, mometum studies bearish. RSI is biased south, Stochs have rolled over from overbought zone and the MACD line is on the verge of a...

FxWirePro: EUR/JPY breaks strong trendline support at 125.26, good to sell rallies
Apr 06, 2016 10:59 am UTC| Technicals
EUR/JPY is retreating from last weeks tops just above 128.00, and has breached strong trendline support at 125.26. Momentum studies are bearish, confirming further downside in the pair. Immediate support is seen...

FxWirePro: AUD/CAD rises from lows of 0.9897, finds strong resistance at 0.9950
Apr 06, 2016 10:14 am UTC| Technicals
AUD/CAD downside on Tuesday found support by the daily cloud, currently spanning 0.9778 to 0.9884. The pair took support by cloud top at 0.9893 and edged higher to currently trade around 0.9941 levels. Momentum...

FxWirePro: USD/INR bounces above 7DMA but finds resistance at 21DMA - INR hedging ideas for FX risks
Apr 06, 2016 09:24 am UTC| Technicals
Technical glimpse: The breakdown in USD/INR continues with a renewed trending bias. The break out above of the resistance 66.68 zone (Jan breakout/21DMA) highlights the importance of the upward targets. Otherwise,...