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GBP/CAD faces strong resistance around 2.020, break above targets 2.0320

Oct 29, 2015 09:19 am UTC| Technicals

GBP/CAD retreated till 2.0050 after making a high of 2.0325 and is currently trading at 2.0190. The pairs major resistance is around 2.020 and break above confirms short term bullishness, a jump till 2.028/2.0320...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Oct 29, 2015 07:07 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $300 and jumped till $308. The pair has declined till $296 and recovered from that level. It is currently trading at $306.75. Short term trend is bullish as long as support $288...

FxWirePro: AUD/JPY holds trend-line support at 85.65, weakness only on breaks below

Oct 29, 2015 06:40 am UTC| Technicals

Antipodeans extended downside as divergent monetary policy outlooks between the Fed and OZ central banks (RBA RBNZ) continue to weigh The yen on the other hand regained lost ground, staged a solid comeback on upbeat...

EUR/NZD faces strong resistance at 1.6460, break above targets 1.6600

Oct 29, 2015 06:37 am UTC| Technicals

Potential Reversal Zone (PRZ) -1.6460 (Trend line resistance joining 1.6945 and 1.69155) Any break above 1.6460 will take the pair to next level to 1.6520/1.6600 level. On the downside minor support is around...

FxWirePro: GBP/JPY forms bearish BAT pattern, good to buy at dips

Oct 29, 2015 05:37 am UTC| Technicals

Harmonic Pattern formed - Bullish Cypher pattern (Long term) Harmonic pattern formed- Bearish BAT pattern (Short term) Potential Reversal Zone (PRZ)- 183.50 Any break above 186.30 will take the pair to...

FxWirePro: EUR/JPY hits fresh multi-month lows at 131.58, German data in focus

Oct 29, 2015 05:31 am UTC| Technicals

EUR/JPY has recovered slightly from fresh multi-month lows at 131.58 hit earlier in the Asian session. The pair is extending weakness after breaking below strong trendline support at 133.29 Heading into the...

AUD/USD trades tight range after overnight FOMC sell-off, trend still bearish (Calls Updated)

Oct 29, 2015 04:54 am UTC| Technicals

Antipodean currencies had slumped overnight after the Fed kept alive expectations that it might still raise interest rates by year-end AUD/USD slumped over 1 percent on Wednesday, to hit three-week lows at 0.7080, is down...

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