Mar 09, 2016 06:06 am UTC| Technicals
We think that not only the risks appear in euro zone matters for tomorrows ECB monetary policy but the fear of broader global risks now appears majorly to outweigh worries about further ECB policy easing. Given concerns...
Mar 09, 2016 04:52 am UTC| Technicals
EUR/JPY major trend is bearish, long term investors and foreign traders never buck the major trend. Major downtrend drifting southwards in sloping channel but channel base at 122.498 is also broken that signifies the...
Mar 08, 2016 08:21 am UTC| Technicals
The ECB has indicated a extra relaxation in monetary policy at its upcoming meeting day after tomorrow. But during Decembers under-deliverance highlights the risk of another disappointment, the deteriorating economic...
Mar 08, 2016 08:05 am UTC| Technicals
A shooting star candle pattern occurred at 1.5223 levels on monthly plotting, more bearish swings have been evidenced as a confirmation (see next bear candle after this pattern). The pair has been tumbling to break...
FxWirePro: EUR/NZD moves sideways to bearish, IVs overreact - hedge via 3 way straddle versus call
Mar 08, 2016 06:45 am UTC| Technicals
Technical glimpse: Please observe the Euros lacklustre movements against Kiwi dollar, it (EURNZD) has been creeping sideways to become an underperformer from last couple of trading sessions. Especially from 20th...
FxWirePro: EUR/NZD sideway trend to prolong in short run, stay short for long term bearish trend
Mar 08, 2016 06:23 am UTC| Technicals
We observe Euros tepid movements against Kiwi dollar, it (EURNZD) has been creeping sideways to become an underperformer from last couple of trading sessions. Especially 20th January, EURNZD dropped almost 5.75% from...
FxWirePro: BRICS currencies on verge of short gains - hedging perspectives (INR, CNY & ZAR)
Mar 07, 2016 13:07 pm UTC| Technicals
INR: The rupee appreciated for a 5th day to a seven-week high against the US dollar, as equities joined a global rally after upbeat US jobs numbers eased fears of a widespread economic slowdown. Some FIIs inflows also...