Both daily and intraday charts pop up selling signals in this pair that may slide down it to levels of 0.9861 back again (neckline).
As shown in the intraday charts, as the pair seems unlikely to break and sustain 0.9955 after rejecting today's highs at 0.9943 and dropping back to current levels of 0.9935 all our leading oscillators signals bearish signals.
The RSI oscillator signals clear selling continuation as there exists a clear downward convergence with the steep declining prices.
While strong selling pressure is on that is signaled by slow stochastic curve as %D line crossover has been traced out above 80 levels which is an oversold region.
We reckon even though bullish rallies attempting to reach resistance the spot FX has been well below 21DMA that would indicates drag more slumps up to neckline at 0.9861 when we compare this selling momentum with oscillators signals, upon breach of neckline may even drag levels upto 0.9780 in faster pace.
On speculation basis we recommend buying one touch binary vega puts in order to derive maximum leverage benefits. By employing these ATM binary vega puts one can multiply the returns by twice, thrice or even pour returns unimaginably. But do remember this call is strictly on speculative grounds.
The prime merits of such one touch option spreads are high yields during high volatility plays, so one can use spreads as well when IV picks up during US sessions.
Wider spreads indicates lack of liquidity. The spreads for one touch AUD/CAD options are constant time and barrier levels.
Usually, such binary options for every change in 1 pip the relative change in option price 0.01% or even exponential at high implied volatility times.


Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
Sterling Surge: GBPJPY Powers Above 214.50 as Triple Bullish EMA Stack Signals Push to 217
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
FxWirePro:GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY holds flat amid concerns over Middle East risks and upcoming U.S. CPI
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435
FxWirePro: USD/ZAR steadies as investors asses Middle East conflict and US CPI figures
FxWirePro- Major European Indices
FxWirePro: GBP/AUD maintains bullish bias with focus on 1.9100
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
FxWirePro: USD/CAD steadies around 1.3920 level , retains bid tonne
Gold Stalls Below $4150 as Hot CPI Fuels Dollar Strength and Safe-Haven Bid Fades
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
NZDJPY Bulls Capped: Triple Bearish EMA Stack Signals Downtrend Path Toward 90




