FxWirePro: Cable forming falling wedge, breaks range bounded trend - dips up to 1.4975 more likely
Nov 25, 2015 13:11 pm UTC| Technicals
It has been spotted out that the process of falling wedge formation is underway (observe two trend lines). Break out of trend range: The pair has now been able to break the range bounded trend (1.5155 - 1.5830) and...
FxWirePro: Optimize Euro implied volatility via gamma spreads
Nov 25, 2015 11:47 am UTC| Technicals
The implied volatility of the ATM contracts of EURUSD is spiking highest among G7 currency pairs amid the speculation on monetary policy decision by Fed. We see 13.5% vols for ATM contracts with 1m expiry which is the...
Nov 25, 2015 11:14 am UTC| Technicals
Major support -2.078 (Oct 12th low) GBP/AUD has broken major support 2.0780 and confirms major trend reversal , a decline till 2.0500 (200 day MA)/2 is possible . Short term trend reversal can happen only above...
FxWirePro: USD/CHF to extend bullish trend, buying at dips targets 40-45 pips
Nov 25, 2015 09:48 am UTC| Technicals
It has been a strong uptrend for dollar against Swiss franc for last one month or so. These upswings are in conformity with volumes actions. Today the pair has been able to bounce above to touch resistance 1.0232...
FxWirePro: Copper faces strong support around 2.05, good to buy at dips
Nov 25, 2015 09:44 am UTC| Technicals
Copper has broken trend line resistance 2.056 and jumped till 2.0820. It is currently trading around 2.054. On the lower side it is facing support around 2.050 (Cloud bottom) and break below targets...
EUR/GBP topside capped by 21 DMA at 0.7079, further bullishness only on breaks above
Nov 25, 2015 09:38 am UTC| Technicals
EUR/GBP topside capped by 21 DMA at 0.7079, further bullishness only on breaks above. 21 DMA at 0.7079 continues to exert bearish pressure on EUR/GBP, recovery attempts in the pair have been capped at 21...
Amazon Resets User Passwords As A Precautionary Move
Nov 25, 2015 09:26 am UTC| Technicals
According to recent reports, retail giant Amazon has force-reset an unknown number of user accounts, over fears of a possible security breach. ZDNet first reported the issue. It said that several readers received an...
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