FxWirePro: EUR/CAD ATM delta instruments make option strips more productive

Oct 27, 2015 10:21 am UTC| Technicals

As we foresee more bearish potential on this pair huge profits achievable with the strip strategy when EURCAD exchange rate makes a strong move either upwards or downwards at expiration, with greater gains to be made with...

FxWirePro: BTC/USD faces major resistance around $300, good to sell on rallies

Oct 27, 2015 09:09 am UTC| Technicals

BTC/USD has made a high of $296 and started to decline from that level. Short term trend is bearish as long as resistance $300 holds The pairs minor support is around $277 and any break below will drag the pair further...

FxWirePro: EUR/USD faces strong resistance around 1.1086, good to sell on rallies

Oct 27, 2015 07:25 am UTC| Technicals

EUR/USD has recovered till 1.10680 after making a low of 1.0996 and is currently trading around 1.1056. The pair is facing trend line resistance around 1.1086 (trend line joining 1.1055 and 1.1068) and any further...

FxWirePro: EUR/CAD travels channel distance with bearish engulfing – lingering around trendline

Oct 27, 2015 07:12 am UTC| Technicals

On daily charts of EURCAD, we spot out Bearish Engulfing pattern candle formed to emphasize a caution for bulls and active signals for bears. Currently, the pair is testing trendline resistance around 1.4560 levels. As...

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FxWirePro: Capitalize NZD/JPY put ladder on rallies – longs to hedge resumption of bearish trend

Oct 27, 2015 06:56 am UTC| Technicals

Well.., a little price revival from last couple of days would not mean that previous downtrend has ended. Instead, they are to be regarded as resurgence rallies and could be utilized by deploying short term put writings...

EUR/CAD faces strong resistance around 1.4580, break above targets 1.4725

Oct 27, 2015 06:51 am UTC| Technicals

Pattern formed -Cup and handle Potential Reversal Zone (PRZ) - 1.4580 Any break above 1.4580 will take the pair to next level to 1.4625/1.4680/1.4730. On the downside minor support is around 1.4550 and break...

FxWirePro: Gold faces strong resistance around $1180, good to sell on rallies

Oct 27, 2015 06:23 am UTC| Technicals

Gold has made a high of $1179 and retreated from that level. Overall trend is still weak as long as resistance $1180 holds. Any break above $1180 will take the commodity to next level $1190/$1195. On the...