
FxWirePro: EUR/USD forms Bullish Cypher Pattern, good to sell on rallies
Dec 14, 2015 07:20 am UTC| Technicals
Harmonic Pattern- Bullish Cypher Pattern Potential reversal Zone (PRZ) -1.10500 The bullish cypher pattern becomes invalid only if it breaks above 1.10450. The pair has made a high of 1.10305 and declined...

FxWirePro: BTC/EUR faces support around 375, good to buy at dips
Dec 14, 2015 06:56 am UTC| Technicals Digital Currency
BTC/EUR has broken trend line resistance 390 and jumped till 424.96 . It is currently trading around 398.75. Short term trend is still bullish as long as support 375 holds. On the higher side minor resistance is...

FxWirePro: Don’t risk your investment in EUR/JPY, not safe zone to add fresh longs
Dec 14, 2015 06:37 am UTC| Technicals
Previous downtrend offers more shorting opportunities by generating some Spinning top, long legged and gravestone doji patterns. These bearish candles form such as spinning top, long legged and Gravestone dojis at...

FxWirePro: GBP/JPY consolidates in narrow range, good to sell on rallies
Dec 14, 2015 06:16 am UTC| Technicals
Pattern formed - Falling wedge Major resistance - 185.28 (trend line joining 188.80 and 186.33) The pair has made a high of 183.34 yesterday and started to recover from that level. It is currently trading at...

FxWirePro: BTC/USD faces strong support around $400, good to buy at dips
Dec 14, 2015 05:55 am UTC| Technicals Digital Currency
Major intraday resistance - $468 The pair has made a high of $467.80 and declined till $403. It is currently trading around $437. The pair is still bullish as long as support $400 holds Any break above major...

AUD/JPY broke below channel support at 87.75, test of 85.31 likely
Dec 14, 2015 05:22 am UTC| Technicals
AUD/JPY hit session lows of 86.51, but has kept above daily cloud, breaks below into the cloud could see further weakness, pair could then test 85.31 (61.8% Fib of 81.97 to 90.72 rise). The Aussie dives deeper into...

FxWirePro: Persistent NZD weakness supporting AUD/NZD higher in Asia, but bias still lower
Dec 14, 2015 03:32 am UTC| Technicals
AUD/NZD hit session lows at 1.0663, but was rejected at lows. Bias still lower, the pair is on track to test trend line support at 1.0620. The pair is at the time of writing trading at 1.0719, persistent NZD weakness...
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