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FxWirePro: EUR/USD reverses recent rally, bias back to downside

May 20, 2016 15:33 pm UTC| Technicals

EUR declined against US dollar on Friday after data showed US home sales rose more than expected in April. The pair extended its decline from 1.1237 to hit low at 1.1202 in the early US session. Further upside is...

FxWirePro: CAD/JPY faces strong resistance at 84.35, good to sell on rallies

May 20, 2016 11:38 am UTC| Technicals

Major resistance 84.35 (21 day 4H MA) Major intraday support 83.60 CAD/JPY has retreated after making a high of 84.32 today. It is currently trading around 84.12. The pairs major support is around 83.30...

GBP/JPY Trade idea

May 20, 2016 11:16 am UTC| Technicals

Harmonic Pattern Formed- Bearish Bat pattern Potential Reversal Zone (PPRZ) 162.80 GBP/JPY has completed Bearish Bat Pattern at 161.80 and slightly declined from that level. It is currently trading around...

FxWirePro: EUR/JPY on track to test 124 levels, major resistance at 124.60

May 20, 2016 10:57 am UTC| Technicals

EUR/JPY recovers previous days losses to hit fresh daily highs at 123.86. Techs on daily charts support upside, pair has broken above 510-DMAs at 123.47/54 respectively. Test of 124 levels likely. Major...

BTC/USD faces strong support at $435, break below targets $400

May 20, 2016 09:40 am UTC| Technicals

Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for...

EUR/USD faces strong resistance at 1.12350, break above targets 1.1325

May 20, 2016 08:23 am UTC| Technicals

Minor Trend Line resistance- 1.12200 (Trend line joining 1.13484 and 1.12924) Major intraday resistance 1.12350 (55 day HMA) EUR/USD ahs broken minor trend Line resistance 1.12200 and jumped till 1.12276. It is...

FX Hedging Strategy Series

FxWirePro: EUR/CAD constrained bulls at resistance of 1.4738 drift into sideways -

May 20, 2016 07:47 am UTC| Technicals

The pair has immediate support resistance at 7DMA and at 1.4738 levels respectively. 7DMA acting as pivot point after long legged doji, current price behaviour drifts into sideways. From 3-4 days, selling momentum...

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Economy

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Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Technology

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