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Strong support for NZD/USD at 0.6670, weakness only on breaks below

Dec 18, 2015 07:36 am UTC| Technicals

NZD/USD is trading above the cloud with Tenkan and Kijun positively aligned. The pair is trading in a rising channel since Nov, and has strong support by channel base at 0.6670, which is also the cloud...

Major European Indices Technical's

Dec 18, 2015 07:35 am UTC| Technicals

DAX: DAX has retreated after making a high of 10832. Short term trend is slighty weak as long as resistance 11040 holds. On the higher side the index is facing major resistance around 10926 and break above confirms...

BTC/EUR breaks major resistance 425, targets 510

Dec 18, 2015 07:21 am UTC| Technicals Digital Currency

BTC/EUR has broken major resistance 425 and this confirms minor bullishness, a jump till 455/510 cannot be ruled out The pairs major support is around 375 and break below targets 365/ minor support is around...

FxWirePro: GBP/USD forms bullish Butterfly pattern, good to buy at dips

Dec 18, 2015 07:03 am UTC| Technicals

Harmonic Pattern Formed- Bullish Butterfly Pattern Potential Reversal Zone (PRZ) -1.4865 Bullish Butterfly pattern gets invalid only below 1.4865. A break below 1.4865 will drag the apir down till...

FxWirePro: Strong resistance for EUR/JPY around 132.80, good to sell rallies

Dec 18, 2015 06:42 am UTC| Technicals

Sell-off in Yen post BoJ meeting proved to be short-lived, EUR/JPY spiked to 133.77 levels, but the spike was quickly sold off. BOJ earlier today kept monetary policy steady as expected. It pledged to increase monetary...

FxWirePro: BTC/USD faces strong resistance around $465, break above targets $480/$500

Dec 18, 2015 06:20 am UTC| Technicals Digital Currency

Major resistance - $465 The pair is consolidating within narrow range between $465 and $436. It is currently trading around $446. Short term trend is still bullish as long as support $425 holds. Any break...

FxWirePro: S&P 500 forms Bullish BAT Pattern, good to sell on rallies

Dec 18, 2015 06:03 am UTC| Technicals

Harmonic Pattern Formed- Bullish BAT Pattern Potential Reversal Zone (PRZ) -2116 The index has pared its gains after making a high of 2081. It is currently trading around 2028. Short term trend is still...

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