FxWirePro: EUR /USD key resistance at 1.0961, bearish in the short term
Dec 21, 2015 16:11 pm UTC| Technicals
EUR/USD pair has rebounded to trade around 1.0917 levels after Chicago Fed National Activity data printed negative figures at -30. However, further advance is expected to be limited as the pair faces strong resistance at...
FxWirePro: GBP/USD key resistance at 1.4953, sell deals are recommended around 1.4940
Dec 21, 2015 14:47 pm UTC| Technicals
GBP/USD declined in the earlier session to hit low at 1.4885 levels. However, the pair has recovered to trade around 1.4912 levels in the early US session.Currently the pair trying to consolidate above 1.4904 50% fib...
FxWirePro: USDCHF to continue bullish run, key support at 0.9886
Dec 21, 2015 13:07 pm UTC| Technicals
The USD/CHF pair rallied initially to test resistance level at 0.9970 in the early European session. However, after failing to break resistance level at 0.9970,it has retreated back to trade around 0.9941 levels. The...

FxWirePro: Don’t get baffled in USD/ZAR’s abrupt swings – stay hedged via CRBS
Dec 21, 2015 13:05 pm UTC| Technicals
Following the sharp fall on the back of the change in finance ministers, the ZAR has now regained its value. The immediate reaction to the Fed rate hike has been a strengthening of the ZAR against the USD despite the...
FxWirePro: USD/CAD consolidates around 0.9966 levels, good to buy on dips
Dec 21, 2015 13:04 pm UTC| Technicals
USD/CAD pair has begun the week rebounding from 38.2 fib levels to trade around 1.3966 levels. The pair hit new high (1.4000) on Friday after softer than expected domestic data sending the currency pair to more than...

Dec 21, 2015 11:22 am UTC| Technicals
Harmonic Pattern Formed- Bullish Shark pattern Potential Reversal Zone (PRZ) - 179.70 The pair has declined till 180.32 and started to recover from that level. It is currently trading at 181.15 Any break...

FxWirePro: EUR/USD faces strong support around 1.0800, good to buy at dips
Dec 21, 2015 11:20 am UTC| Technicals
EUR/USD recovered after making a low of 1.0802. It is currently trading around 1.08614. The pair recovered till 1.08882 and started to slightly decline from that level. Intraday trend is slighty bullish as long...