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FxWirePro: USD/SGD shooting star signals more speculative dips on the cards – 1:2 call ratio spreads best suitable

Feb 02, 2016 13:18 pm UTC| Technicals

Singapore dollar after continues losing streak from last 3 months, it seems like making an attempt of recovery as a shooting star is spotted out at peaks, since daily stochastic is showing buying interest it is advisable...

FX Hedging Strategy Series

FxWirePro: USD/SGD shooting star signals more speculative dips on the cards – 1:2 call ratio spreads best suitable

Feb 02, 2016 13:18 pm UTC| Technicals

Singapore dollar after continues losing streak from last 3 months, it seems like making an attempt of recovery as a shooting star is spotted out at peaks, since daily stochastic is showing buying interest it is advisable...

FxWirePro: Gold faces strong resistance at 200 day MA, good to buy at dips

Feb 02, 2016 11:56 am UTC| Technicals

Major resistance -$1131 (200 day MA) Major support - $1100 (20 day MA) Gold has declined till $1108 after making a high of $1130 (200 day MA). It is currently trading around $1124. The commodity should close...

FxWirePro: USD/CAD faces strong resistance around 1.4070, good to sell on rallies

Feb 02, 2016 11:12 am UTC| Technicals

Major resistance -1.4070 (trend line joining 1.4174 and 1.4108) Loonie recovered after making a low of 1.39040. It is currently trading around 1.40320. Short term trend is still weak as long as resistance 1.4070...

FX Hedging Strategy Series

FxWirePro: EUR/CAD 1W ATM IVs at 16% - Why to deploy ATM delta instruments in EUR/CAD option strips

Feb 02, 2016 10:30 am UTC| Technicals

As we foresee more bearish potential on this pair based on our previous write up on technical analysis, we think the current upswings are just momentary but expect our next immediate targets at 1.4949 1stand 1.4525 levels...

FxWirePro: EUR/GBP upside gains momentum post UK construction PMI miss, good to go long

Feb 02, 2016 09:44 am UTC| Technicals

Offered tone on the GBP keeps growing bigger after UK construction PMI misses forecasts. UK construction PMI for January came in at 55.0, compared to forecasts for a slight decrease to 57.5 from 57.8 in the previous...

GBP/CAD Trade idea

Feb 02, 2016 09:25 am UTC| Technicals

Candlestick Pattern- Shooting star Major trend line resistance -2.01850 (trend line joining 2.0369 and 2.02779) The pair has made a high of 2.01844 and started to decline from that level. It is currently trading...

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