
BTC/USD breaks major resistance $245, targets $272
Oct 12, 2015 07:13 am UTC| Technicals
BTC/USD has broken major resistance $245 (200 day 4 HMA) and this confirms short term bullishness, a jump till $258/$272 is possible It is currently trading at $248. Short term trend is bullish as long as support $235...

FxWirePro: EUR/CAD forms Bullish Gartley pattern, good to sell on rallies
Oct 12, 2015 06:50 am UTC| Technicals
Harmonic pattern - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 1.4595 EUR/CAD has made a high of 1.4749 and started retreating due to stronger oil prices. Canadian dollar prices has been supported by...
FxWirePro: CAD supported by higher oil prices, good to sell USD/CAD rallies
Oct 12, 2015 06:08 am UTC| Technicals
USD/CAD continues its weakness, remains subdued below the 1.30 handle as higher oil prices support Canadian Dollar. Chinese stocks are rallying this session on the back of higher oil prices which continues to boost...
FxWirePro: Kiwi struggles around 0.67 handle, trades a tight 0.6672/6705 range
Oct 12, 2015 05:44 am UTC| Technicals
Risk-appetite buoyed in Asia as markets respond to lift in Shanghai base metals +3% jump in SSEC, Chinas main stocks index NZD/USD trades a tight 0.6672/6705 range in the Asian session amid thin volumes as Japan and U.S....

FxWirePro: USD/CHF forms bullish BAT pattern, good to buy at dips
Oct 12, 2015 05:41 am UTC| Technicals
Harmonic pattern - Bullish BAT pattern Potential Reversal Zone (PRZ) - 0.9560 USD/CHF has made a low of 0.9585 on Friday and slightly recovered from that level. Short term trend is bullish as long as support 0.9560...
FxWirePro: AUD/USD consolidating last week's bull run, edges lower from session highs at 0.7346
Oct 12, 2015 05:20 am UTC| Technicals
Doubts about the timing of Fed interest rates hikes kept the dollar subdued on Monday, Dollar index hovers near Fridays 3-week low at at 94.780 AUD/USD doji forms in Asian session, Aussie and emerging Asian currencies...

USD/JPY faces strong support around 119.60, good to buy at dips
Oct 12, 2015 03:30 am UTC| Technicals
USD/JPY is trading in narrow range between 120.60 and 119.60. Any break below 119.60 confirms short term weakness, decline till 119.20/118.60 is possible. Overall bearishness can be seen only below 118.60. On...