
FxWirePro: NZD/JPY rejects resistance at 82.197 – Doji at same level signals support at 80.580
Oct 27, 2015 06:00 am UTC| Technicals
The pair rallied from 75.181 to 82.688, managed to sustain previous crucial supports 80.580 but for now it is struggling to hold onto the resistance at 82.197 levels. As shown on the daily charts, it has not been able...

USD/JPY faces strong trend line support at 120.45, a slight jump till 121.30 is possible
Oct 27, 2015 05:35 am UTC| Technicals
USD/JPY is facing strong trend line support around 120.48 (trend line joining 118.05 and 119.60) and break below confirms further weakness, a decline till 120/119.60 is possible. On the higher minor intraday...
FxWirePro: AUD/USD subdued ahead of European open, Aussie sold-off on falling Asian equities
Oct 27, 2015 05:31 am UTC| Technicals
The Antipodeans drifted sideways on Tuesday with investors reluctant to take big bets before central bank meetings in the United States and Japan The riskier/higher yielding currencies such as the Antipodean and the...

Oct 27, 2015 04:39 am UTC| Technicals
Kiwi recovered from fresh daily lows struck at 0.6742 in opening trades after release of NZ trade balance data. NZD/USD plunged almost 50 pips in a knee-jerk reaction to the poor NZ trade figures which revealed that...

GBP/JPY forms Bullish BAT pattern , good to buy at dips
Oct 27, 2015 03:59 am UTC| Technicals
Harmonic pattern formed- Bullish BAT pattern Potential Reversal Zone (PRZ) -184.60 On the higher the pair is facing major resistance around 186.30 and break above confirms further bullishness , a jump till...
FxWirePro: USD/JPY hit session lows at 120.48, risk aversion spikes buying interest in Yen
Oct 27, 2015 03:47 am UTC| Technicals
USD/JPY was knocked down to session lows at 120.48, near the hourly 100-SMA, but has recovered slightly to trade at 120.63. USD remains under heavy selling pressure versus the Japanese yen for the second straight...

S&P 500 forms Bearish Gartley pattern, good to sell on rallies
Oct 27, 2015 03:15 am UTC| Technicals
Harmonic Pattern formed - Bearish Gartley PatternPotential reversal Zone (PRZ) - 2080 The index is facing resistance around 2080 and any break above will target 2100/2115 in short term. On the downside major support is...