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Sat, May 18, 2024 08:51 PM All times are UTC

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EUR/USD consolidates around $1.12, more upside likely

Feb 09, 2016 10:50 am UTC| Technicals

Pair is currently trading at $1.1190 levels. It made intraday high at $1.1237 and low at $1.1162 levels. In addition, pair is consolidating in between $1.1050 and $1.1250 marks. Intraday bias in EUR/USD...

FX Hedging Strategy Series

FxWirePro: Risk reversals shows losing momentum in EUR/USD uptrend as Yellen’s testify semi-annual monetary policy report

Feb 09, 2016 10:28 am UTC| Technicals

As we saw in our recent risk reversal computation of EURUSD, we may see little upside movements but those rallies may lose momentum and holds stronger for next 1 month or so, certainly not in a long run. Please be noted...

GBP/USD Trade idea

Feb 09, 2016 10:15 am UTC| Technicals

Major resistance -1.4450 (trend line joining 1.46680 and 1.45860) The pair has recovered after making a low of 1. term trend is slightly bullish as long as support 1.4320 holds. Any break below 1.4320 will drag the pair...

Swiss franc hits 2- month high against US dollar, likely to test 0.9784 major support levels

Feb 09, 2016 09:35 am UTC| Technicals

Pair is currently trading around 0.9854 levels. It made intraday high at 0.9874 levels and low around 0.9822 levels. Intraday bias remains bearish below 1.0078 levels. Above 1.0078 minor resistance levels...

FxWirePro: DAX faces strong support around 8850, good to buy at dips

Feb 09, 2016 09:20 am UTC| Technicals

Major support 8850 (trend line joining 9450 and 9300) DAX has declined till 8887 and started to recover from that level. It is currently trading around 8984. On the higher side minor resistance is around 9085 (7...

FX Hedging Strategy Series

FxWirePro: Don’t bear trapped in EUR/USD, capitalize on dips to speculate with bull put spreads as ATM puts priced than calls to NPV

Feb 09, 2016 08:11 am UTC| Technicals

Technical watch: The reducing pace in EURUSDs uptrend acceleration is reckoned as the momentary depiction of the intraday speculation. Yes, we could merely perceive this as a speculative dips, when you plot the 4-hourly...

US Dollar Index faces strong support around 96.25, break below targets 94

Feb 09, 2016 08:08 am UTC| Technicals

Major support - 96.25 (trend line joining 92.62 and 93.84) The index has taken support near trend line and started to jump from that level. It is currently trading around 96.71. Short term trend is slightly weak...

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