
Dec 15, 2017 09:55 am UTC| Research & Analysis Insights & Views Technicals
The main move yesterday was the euros fall which reflected the ECBs caution about the inflation outlook, despite upward revisions to economic growth forecasts. OTC Outlook and Options Strategy: In the case of...

Dec 15, 2017 09:55 am UTC| Research & Analysis Insights & Views Technicals
The main move yesterday was the euros fall which reflected the ECBs caution about the inflation outlook, despite upward revisions to economic growth forecasts. OTC Outlook and Options Strategy: In the case of...

FxWirePro: USD/CAD trades lower on upbeat BOC Poloz, good to sell on rallies
Dec 15, 2017 09:25 am UTC| Technicals
USD/CAD declined almost 150 pips yesterday after upbeat comments from BOC governor Poloz. The dipped till 1.27136 and is currently trading around 1.27455. BOC Governor commented that Canadian economy has done well in...

Dec 15, 2017 09:05 am UTC| Technicals
EURAUD forms 3-black crow pattern signals weakness on the daily chart, as a result, the current prices slide below DMAs. Thereby, the selling sentiments are intensified as it is backed by both momentum trend...

FxWirePro: USD/CHF trades higher on dovish SNB, good to buy on dips
Dec 15, 2017 09:03 am UTC| Technicals
USD/CHF has shown huge jump almost 65 pips after dovish SNB statement. SNB has kept its deposit rates unchanged at -0.75% and target range for three month Libor stayed at between -1.25% and -0.25%. SNBS Jordan said that...

FxWirePro: AUD/JPY holds 200-DMA breakout, bias higher, 87.07 next bull target
Dec 15, 2017 09:02 am UTC| Technicals
AUD/JPY pared some gains, slipped lower from 4-week highs at 86.49. Upside was capped below 50-DMA at 86.52, breakout to see resumption of upside. The pair has however, held break above 200-DMA and we see scope...

FxWirePro: GBP/AUD hits 2-week lows at 1.7465, bias lower, stay short
Dec 15, 2017 08:25 am UTC| Technicals
GBP/AUD extends weakness for 6th consecutive session, bias lower. Downside gains traction after break below 20-DMA at 1.7618, we see further weakness on cards. The pair has brushed aside upbeat U.K. retail sales...