FxWirePro: EUR/USD key support at 1.1238, sell deals are recommended around 1.1230
Oct 06, 2015 13:44 pm UTC| Technicals
EUR /USD pair made some gains against US dollar in todays European session after buyers stepped in, however, the gains were limited and the pair fell back towards 1.1200 levels after hitting resistance at 1. resistance...
FxWirePro: USD/CAD key résistance at 1.3134, sell deals are recommended below 1.3140
Oct 06, 2015 13:21 pm UTC| Technicals
USD/CAD has slipped back towards 1.3117 levels, after failing to hold above1.3134 levels, Currently the pair is testing support level at 1.3111. The résistance level at 1.3134 is set to hold the bulls advancing...
FxWirePro: USD/CHF key support at 0.9720, upside prevails in the short term
Oct 06, 2015 12:42 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9725 levels, after failing to break above 0.9768 levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or later around...
FxWirePro: Euro zone macros hamper EUR/CHF’s healthy bull run – technicals signal still a buy
Oct 06, 2015 12:31 pm UTC| Technicals
We would view that as a buying opportunity for EUR/CHF. On a 1-3m horizon, our target is still higher though we have adjusted our Q4 forecast (now 1.10, prev 1.12). The latest quarterly SNB meeting did nothing to...
Oct 06, 2015 12:26 pm UTC| Technicals
USD/CAD has broken major trend line support at 1.3140 (trend line joining 1.2126 and 1.30113) and declined till 1.3064. It is currently trading at 1.3078 level. Intraday trend is still weak as long as resistance...
FxWirePro: EUR/USD downside risks mounting – why to avoid OTM instruments in option strips
Oct 06, 2015 12:25 pm UTC| Technicals
The ATM volatility and delta risk reversal of EURUSD, divulge that the fact that pair would experience little downside pressure in next 1-6 months future with reducing volatilities. Although trend is puzzling on either...
FxWirePro: EUR/GBP faces strong resistance around 0.7450, good to buy at dips
Oct 06, 2015 12:21 pm UTC| Technicals
RES 4: 0.7506 ( 138.2 % retracement of 0.7420 and 0.7196) RES 3: 0.7480 (May 5th 2015) RES 2: 0.7450 (Oct 2nd 2015) RES 1: 0.7420 PRICE: 0.7390 @ 12:16 GMT SUP 1: 0.7385 (20 day 4 HMA) SUP 2: 0.7365 (55...