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FxWirePro: GBP/JPY forms Bullish BAT pattern, good to sell on rallies

Sep 21, 2015 03:57 am UTC| Technicals

Harmonic Pattern Formed- Bullish BAT Pattern Potential Reversal Zone (PRZ)- 187.50. GBP/JPY has retreated after making a high of 188.28. It is currently trading at 186.12. Short term trend is bearish as long...

EUR/USD forms bullish cypher pattern, targets 1.1150

Sep 21, 2015 02:57 am UTC| Technicals

Harmonic Pattern formed:Bullish cypher pattern Potential reversal Zone (PRZ) - 1.1460 EUR/USD has declined after making a high of 1.1459 on Friday. Overall trend is still weak as long as resistance 1.1460...

FxWirePro: USD/CAD key support at 1.3010, buy deals are recommended above 1.3030

Sep 18, 2015 14:18 pm UTC| Technicals

>USD/CAD has slipped sharply earlier in the European session, after breaking strong support at 1.3115 levels. However, weakness may extend up to 1.3010 levels and a consolidation is set to take place well above the stated...

FxWirePro: GBP/USD key resistance at 1.5482, further bullish bias persists

Sep 18, 2015 13:59 pm UTC| Technicals

>The Sterling has rebounded strongly against US dollar from 1.5571 levels, reaching 3-week high levels. An attempt was made by bears to breach 1.5571 support level in the late Asian session, however the attempt was...

FxWirePro: EUR/USD key support at 1.1390, bullish in the short term

Sep 18, 2015 12:56 pm UTC| Technicals

>The EUR/USD pair has continued to inch towards higher levels, as the US dollar is broadly sold across the board in the aftermath of yesterdays decision by Fed, which kept the interest rate decision on hold. As a result...

USD/JPY faces strong support at 118.60, jump till 120 is possible

Sep 18, 2015 12:32 pm UTC| Technicals

Harmonic pattern formed- Bullish Gartley pattern Potential Reversal Zone (PRZ) -119.15 The pair has retreated after making a high of 120.98 yesterday. Its major support is around 118.60 (Sep 4th low) and any further...

FxWirePro: EUR/GBP faces strong resistance around 0.7360, good to sell on rallies

Sep 18, 2015 12:17 pm UTC| Technicals

RES 4 : 0.7420 (Aug 24th high) RES 3: 0.7395 ( Sep 1st high) RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES1 0.7315 (20 day 4 HMA) PRICE: 0.7305@ 12:13 GMT SUP 1: 0.7240...

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