FxWirePro: AUD/USD slips below the 0.73 handle, strong resistance at 0.7322
Oct 16, 2015 03:50 am UTC| Technicals
AUD/USD looking weak on the day as USD broadly supported on better than expected CPI data on Thursday. US CPI induced gains were capped at 0.7338, were selling pressure was seen, pair has now slipped below the 0.73...
AUD/CAD breaks minor trendline support at 0.9410, targets 0.9315
Oct 16, 2015 03:40 am UTC| Technicals
AUD/CAD has broken minor trend line support around 0.9410 (trend line joining 0.92460 and 0.9378) and this confirms short term weakness , a decline till 0.9315/0.9260 is possible . Overall trend reversal only above...
FxWirePro: BTC/USD trades well above $250, good to buy at dips
Oct 16, 2015 03:15 am UTC| Technicals
BTC/USD has broken minor resistance $250 and jumped till $256 It is currently trading at $254. Short term trend is bullish as long as support $235 holds The major resistance is around $258and break above will take the...
FxWirePro: USD/JPY key resistence at 119.17, sell deal are recommended around 119.00
Oct 15, 2015 15:28 pm UTC| Technicals
USD/JPY has rebounded after hitting support level at 118.00 and is bouncing above to test resistance level at 119.17, the resistance level at 119.17 is set to hold the bulls from advancing further above and push the pair...
FxWirePro: GBP/USD key support at 1.5366, bullish in the short term
Oct 15, 2015 14:46 pm UTC| Technicals
The Cable has slipped backwards from 1.5506 levels, after US CPI data came positive in early the US Session. However, the pair has rebounded is approaching resistance level at 1.5470, The currency pair is trading above...
FxWirePro: EUR/USD key support at 1.1290, upside prevails in the short term
Oct 15, 2015 14:15 pm UTC| Technicals
The Euro declined against dollar in US session after Core CPI figures from the US market printed positive figures. However, the pair is consolidating above 1.1352 support level and a rebound towards higher levels is...
FxWirePro: Deploying condor spread to hedge USD/CHF higher IV
Oct 15, 2015 13:02 pm UTC| Technicals
Although, on long term basis USDCHF has slight uptrend sentiments but we expect range bounded movements in short to medium terms considering the increased volatility (projected a gradual increase in 1m-3m ATM contracts at...