FxWirePro: AUD/JPY put ratio back spreads not only mitigate downside risks but to beat higher IVs
Oct 16, 2015 06:48 am UTC| Technicals
Whats cooking with AUD fundamentals: It still seemed clear in the RBAs last statement that it would not cut rates again todays labour market report for September questions this impression. The only reason why the loss of...
FxWirePro: USD/CAD set to close in the red for a 3rd consecutive week
Oct 16, 2015 06:44 am UTC| Technicals
CAD supported by rise in oil prices, while USD stronger across the board on Thursdays upbeat data. Crude oil futures rose on Friday to snap a week-long decline as investors bet falling U.S. production would cut a...
FxWirePro: AUD/JPY holds crucial resistance at 87.069 but oscillators signal bearish trend
Oct 16, 2015 06:29 am UTC| Technicals
This APAC pair held firmly the strong support (at 84.304 region) on monthly charts, you can figure out from the chart that the yellow circled areas served as the strong demand and supply levels for this pair couple of...
AUD/CHF takes support near trend line, targets 0.7020
Oct 16, 2015 06:08 am UTC| Technicals
AUD/CHF has taken support near trend line 0.6920 (trend line joining 0.6760 and 0.6894) and slighty recovered from that level. It is currently trading at 0.6939. Any break below 0.6920 will drag the pair to next...
USD/JPY faces minor trend line resistance at 119.30, bullishness only above that level.
Oct 16, 2015 05:38 am UTC| Technicals
USD/JPY has recovered after making a low of 118. is currently trading at 119.17. The pair is facing minor intraday trend line resistance around 119.30 and any further bullishness only above that level. Any break above...
FxWirePro: EUR/USD edges higher from session lows at 1.1359, EZ CPI data in focus
Oct 16, 2015 05:25 am UTC| Technicals
Upbeat U.S. inflation data on Thursday gave the dollar some relief, having been battered by a run of poor U.S. indicators and concerns about Chinas economy. The euro slipped to $1.1359, down from a 7-week peak of...
FxWirePro: USD/JPY supported by ripening risk-sentiment, further gains likely
Oct 16, 2015 04:55 am UTC| Technicals
Better than estimates inflation report released in the US last session saw the dollar rebound from 7-week lows on Friday The greenback rose 0.2 percent to 119.13 yen, pulling away from a 7-week trough of 118.065 struck...