
FxWirePro: BTC/EUR takes support near 200 day 4HMA, good to buy at dips
Dec 07, 2015 07:34 am UTC| Technicals Digital Currency
BTC/EUR has recovered till 368.64 yesterday and started to slightly decline from that level. It is currently trading around 358.11. Intraday trend is bullish as long as support 340 holds. On the higher side minor...

EUR/GBP rejected at highs, good to sell rallies around 0.72 levels
Dec 07, 2015 07:15 am UTC| Technicals
Renewed offered tone around the single currency keeps EUR/GBP on a weaker footing at the beginning of the week. The pair was rejected at days highs by 0.7205 Rally in the cross post ECB was capped below the daily...

FxWirePro: FTSE 100 forms Bullish Cypher Pattern, good to buy at dips
Dec 07, 2015 06:56 am UTC| Technicals
Harmonic Pattern Formed- Bullish Cypher pattern Potential Reversal Zone (PRZ) - 6125. The index has made a high of 6447 and declined till 6196 from that level. It is currently trading around 6284. Overall...

FxWirePro: USD/JPY likely to retest 122 before 14th December upon multiple bearish signals
Dec 07, 2015 06:35 am UTC| Technicals
USD/JPYs uptrend may persist after Feds event scheduled on 14th December, until then we could foresee some short term bearish sensation. After double top pattern that has formed recent week (on daily charts) with...

BTC/USD faces trend line resistance around $400, break above targets $420/$450
Dec 07, 2015 06:27 am UTC| Technicals Digital Currency
Major resistance- $400 (trend line joining $356 and $383) The pair has made a high of $399.85 and slightly declined from that level. Intraday trend is bullish as long as support $378 holds. Any break below $378...

FxWirePro: Nikkei 225 forms bullish cipher pattern, good to buy at dips
Dec 07, 2015 05:40 am UTC| Technicals
Harmonic Pattern Formed- Bullish Cypher Pattern Potential reversal Zone (PRZ) - 19380 Nikkei has made a low of 19384 on Friday and recovered from that level. It is currently trading at 19800 Any break below...

NZD/USD struggles below 0.67 handle, further downside likely, good to sell rallies
Dec 07, 2015 05:20 am UTC| Technicals
The New Zealand dollar edged down to 0.6609, from a one-month peak of 0.6787 set on Friday. Gains in the pair were capped at 0.6787 (76.4 % Fibo of Fib of Oct-Nov slide). The pair is on the day struggling at the 0.67...