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FxWirePro :Sell USD/JPY on rallies around 119.80-85 with SL around 120.10 for the TP of 119.20/118.95

Oct 22, 2015 04:09 am UTC| Technicals

USD/JPY has broken minor trend line support around 119.80 which confirms short term weakness , a decline till 119.50/119.20/118.90 is possible. On the higher side minor resistance is around 120.10 and break above targets...

Nikkei breaks major resistance 18500, targets 19150

Oct 22, 2015 02:59 am UTC| Technicals

Potential Reversal Zone (PRZ)- 18500 The index has broken major resistance 18500 which confirms short term bullishness , a jump till 18750/19150 is possible . Any close above 19200 confirms further bullishness and above...

FxWirePro: Buy USD/RUB debit call spreads for speculation

Oct 21, 2015 14:32 pm UTC| Technicals

USDRUB is likely to resume its uptrend back again and has been continuing non-stop streak of rallies upto 71.6191 (highs of 24thAugust), we see limited downside risks to the dollar in the long term as the only major hitch...

FxWirePro: Trend analysis of GBP/USD using risk reversals, IVs and technical indicators

Oct 21, 2015 14:30 pm UTC| Technicals

The cables implied volatility of ATM is still perceived to be the least within next 1w-1m time frame in major G7 space (at around 6-7%), you can observe implied volatilities from the diagram: While GBPUSD Spot FX is at...

FxWirePro: USD/CHF key support at 0.9527, upside prevails in the short term

Oct 21, 2015 14:27 pm UTC| Technicals

USD/CHF pair inched lower in todays European session after sellers stepped in, however, the decline was limited around 0.9525 and the pair rebounded back to trade above 61.8 fib retracement levels. The support level at...

FxWirePro: GBP/USD key support at 1.5456, bullish in the short term

Oct 21, 2015 14:08 pm UTC| Technicals

The Cable has slipped backwards from 1.5462 levels to hit low at 1.5410 in early the European session. However, the pair rebounded back in quick succession and erased the earlier losses to trade at 1.5450 levels. Currency...

FxWirePro: EUR/USD key resistance at 1.1404, bearish in the short term

Oct 21, 2015 13:21 pm UTC| Technicals

EUR /USD has rebounded after falling as low as 1.1330 in the early European session. The pair made an attempt to advance towards higher levels, but fell back below after hitting minor support level at 1.1360. The...

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Economy

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Technology

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