Oct 21, 2015 10:10 am UTC| Technicals
EUR/NZD has broken major trend line resistance 1.6860 and break above confirms short term bullishness, a jump till 1.7190 is possible. On the higher side any break above major resistance will take the pair to next level...
FxWirePro: NZD/JPY slumps on cards - improve odds on put ladders
Oct 21, 2015 09:29 am UTC| Technicals
Some price recoveries from last couple of days would not mean that previous downtrend has ended they are to be deemed as correction rallies and could be utilized by employing short term put writings and derives certain...
FxWirePro: Doji to break NZD/JPY’s crucial support, next support seen at 79.444
Oct 21, 2015 09:22 am UTC| Technicals
The pair rallied from 75.181 to 81.897, it is now struggling to hold onto the crucial support at 80.750 levels. As shown on the daily charts, it has broken this level on intraday basis, you can observe how the price...
FxWirePro: AUD/NZD rejected at 1.0801 highs, slips below 200 DMA
Oct 21, 2015 09:07 am UTC| Technicals
AUD/NZD rebounded from multi-month lows at 1.0633 hit on Oct 16th, hit session highs at 1.0801 But price action was rejected at highs and the pair has edged below 200 DMA at 1.0761 and is currently trading at 1.0734 Drop...
EUR/USD breaks minor trend line resistance, targets 1.1460
Oct 21, 2015 09:04 am UTC| Technicals
EUR/USD breaks minor trend line resistance 1.1360 (trend line joining 1.14940 and 1.13868) and this confirms minor bullishness, a jump till 1.1420/1.1460 is possible . On the downside minor support is around 1.1320...
FxWirePro: BTC/USD faces strong resistance around $273, good to sell on rallies
Oct 21, 2015 08:05 am UTC| Technicals Digital Currency
BTC/USD has made a high of $272.95 and started retreats from that level. It is currently trading at $ pair has almost formed a double top around $273 and any further movement can be seen only above that level. The...
FxWirePro: Short side in USD/JPY put ladder assures yields, longs yet to function
Oct 21, 2015 07:14 am UTC| Technicals
We could foresee Yen against dollar to gain slightly at least in short run (lets say next 1 months or so) with an anticipation of Fed may continue to hold on its rate stance until Q116 considering global economic slowdown...