Gold rises on France terror attacks -Watch out for $1070
Nov 16, 2015 03:37 am UTC| Technicals
Gold has once again made a low of $1079 on Friday and recoveredfrom that level. It is currently trading around $1093. In monthly chart MACD is showing oversold level and a jump till $1130/$1160 is possible . On...
FxWirePro: GBP/USD key support at 1.5132, bullish in the short term
Nov 13, 2015 15:54 pm UTC| Technicals
GBP/USD has lost some ground to dollar to trade around 1.5187 levels after slipping from 1.5263 levels. The cable is currently trading in oversold condition and a rebound towards higher levels can be expected sooner or...
FxWirePro: USD/JPY key support at 122.44, buy deal are recommended around 122.50
Nov 13, 2015 15:14 pm UTC| Technicals
USD/JPY dropped towards 122.45 levels after the release of retail sales data from US market. However the pair rebounded after finding support around 122.42 levels and is consolidating around 122.50 to reach higher levels....
FxWirePro: Place condor spreads on EUR/CHF lower IVs
Nov 13, 2015 13:40 pm UTC| Technicals
We predict marginal downswings on daily charts with clear converging signals from RSI (14) and stochastic curves. Although there is no trace of drastic or dramatic movements on either side we still sense some sort of...
How Strong Major Pairs Are Today
Nov 13, 2015 12:51 pm UTC| Technicals
Currency which is positive- GBP (+4) Very Weak Currency- NZD Weak Currency- CAD (-4) It is Good to long on slightly strong vs Weak currency - GBP/NZD Good to take long on Most stronger (AUD) VS weaker currency...
How Strong Major Pairs Are Today
Nov 13, 2015 12:45 pm UTC| Technicals
Currency which is positive- GBP (+4) Very Weak Currency- NZD Weak Currency- CAD (-4) It is Good to long on slightly strong vs Weak currency - GBP/NZD Good to take long on Most stronger (AUD) VS weaker currency...
FxWirePro: GBP/USD struggles to close above 1.5200, good to buy at dips
Nov 13, 2015 11:58 am UTC| Technicals
Cable recovered till 1.5246 yesterday and retreated till 1.5176. It is currently trading at 1.52180. On the higher side major resistance is around 1.5262 and break above will take the pair to new level till 1.5300/1.5360...
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