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BTC/USD breaks minor trend line resistance, slight jump till $350 is possible

Nov 26, 2015 06:29 am UTC| Digital Currency Technicals

BTC/USD has recovered from the low of $316 and jumped till $335. It is currently trading at $332 The pair has broken minor trend line resistance $333 (trend line joining $356 and $350) but it should close above $336...

FxWirePro: AUD/JPY strong resistance at 89.15, good to sell rallies

Nov 26, 2015 06:19 am UTC| Technicals

Aussie was hammered on poor Australia capex data, pushing AUD/JPY lower. The pair failed near three-month highs and dropped sharply thereon, down around -0.39% to 88.67. Renewed weakness in USD/JPY on the back of a...

FX Hedging Strategy Series

FxWirePro: EUR/JPY weakness bolstering, just 65 pips away from our target - next targets at 128.05

Nov 26, 2015 05:51 am UTC| Technicals

Well, nothing much is happening but tumbling as anticipated earlier. Its advisable to use a combination of patterns and indicators to determine yourtrading strategy on swing trading perspectives. Most probable...

FxWirePro: GBP/JPY forms Bearish BAT Pattern, good to sell on rallies

Nov 26, 2015 05:36 am UTC| Technicals

Harmonic pattern formed- Bearish Bat Pattern Potential Reversal Zone (PRZ) - 186 Any break above 186 will take the pair to new level 187/188. On the down side minor support is 185 and break below targets...

FxWirePro: Poor Capex data weighs on the Aussie, good to sell AUD/USD rallies

Nov 26, 2015 04:01 am UTC| Technicals

Aussie bulls dented on the back of poor Capex data which came in well below expectations, leading to a free fall over 30 pips in AUD/USD. Given the disappointing Australian capex in Q3, there is likely to be downside...

EUR/USD forms falling wedge - Buy only above break out

Nov 26, 2015 02:50 am UTC| Technicals

Pattern formed- Falling Wedge Potential reversal Zone (PRZ) - 1.0700 (Falling wedge breakout) The pair has made a high of 1.06892 yesterday and broken major support 1.05900 and declined till 1.05660...

FxWirePro: EUR/USD key resistance at 1.0693, sell deals are recommended around 1.0670

Nov 25, 2015 17:32 pm UTC| Technicals

EUR /USD has pair has made short squeeze against US dollar by hitting high at 1.0642 during mid-morning US session, after the pair found support at 1.0565. However, the gains should be limited around 1.0670 as the...

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