FxWirePro: Dubious on USD/SGD’s uptrend? Then delta hedge ATM calls on puzzling swings
Nov 26, 2015 14:43 pm UTC| Technicals
We dont think any weakness is disrupting ongoing USD/SGDs uptrend. Instead, the prevailing uptrend for USD/SGD seems to be corrected in short term (heading towards 23.6% Fibonacci retracement) But our convictions...
FxWirePro: Gold seems vulnerable in global economic cycle - Stay Hedged with Option Strips
Nov 26, 2015 12:57 pm UTC| Technicals
Fundamental glimpse: For us, global economy looks seems under recessionary cycle as all asset classes have been struggling coupled with some other macroeconomic indicators, as a result golds tumble has also been...
China watchers, watch out for Tsinghua Unigroup
Nov 26, 2015 12:26 pm UTC| Business Technicals
Few days back, Reuters did a story on Tsinghua Unigroup and their plan to invest as much as 300 billion Yuan ($47 billion), equivalent to market leader Intels total yearly revenue to make Chip Empire. Though we...
FxWirePro: Dollar Index forms Bullish Cypher Pattern, good to sell on rallies
Nov 26, 2015 12:06 pm UTC| Technicals
Long term harmonic Pattern: Bearish Butterfly Pattern Short term Harmonic Pattern- Bullish Cypher pattern Long term Potential Reversal Zone -101.52 (161.8% retracement of 98.33 and 93.16) Short term...
BTC/USD breaks major resistance $351, targets $374/$395
Nov 26, 2015 11:52 am UTC| Technicals Digital Currency
Major resistance -$351 (17 Nov 2105 high) As per our analysis BTC/USD has broken major resistance $336 and jumped till $350.36 at the time of writing. The pairs next major resistance is around $351 and break...
FxWirePro: AUD/NZD breaks minor support at 1.1011, drop till 1.0730 likely
Nov 26, 2015 11:47 am UTC| Technicals
AUD/NZD has edged lower after hitting double tops at 1.1086 (24th and 25th Nov). Daily RSI rolls over from overbought and the pair dips back into the cloud AUD weakness prevalent across crosses after poor Australia...
Nov 26, 2015 11:26 am UTC| Technicals
CAD/JPY has once again made a low of 91.62 and recovered till 92.35 at the time of writing from that level. Short term trend is still bearish as long as resistance 92.50 holds The pairs short term resistance is around...
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