FxWirePro: Buy AUD/USD risk reversal on higher IV – PRBS for hedging
Sep 30, 2015 07:11 am UTC| Technicals
With spot FX flashes of AUDUSD at 0.6995 we see delta risk reversal for 1 week contracts have shown slight recovery signals but long term (1M-1Y) put contracts are on higher demand. As you can make out from the nutshell...
FxWirePro: BTC/USD faces strong resistance around 200 day MA, good to buy at dips
Sep 30, 2015 07:05 am UTC| Technicals
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds. The major resistance is around...
EUR/CAD breaks minor support around 1.5070, targets 1.4940
Sep 30, 2015 06:34 am UTC| Technicals
EUR/CAD has broken minor trend line support 1.5070 (trend line joining 1.4873 and 1.5000) and slight decline till 1.4940/1.4830 is possible. Intraday bullishness only above 1.5105 and any break above will take the pair...
FxWirePro: USD/JPY trades a tight range, daily Tenkan at 120.13 seen as strong resistance
Sep 30, 2015 06:06 am UTC| Technicals
Demand for the safe-haven yen eased early on Wednesday as global stocks steadied from a rout and some calm returned to markets Encouraging improvement in U.S. consumer sentiment and euro zone economic sentiment helping...
FxWirePro: Buy GBP/JPY at dips around 181.85-90 with SL around 181.20 for the TP of 183.20/184
Sep 30, 2015 05:33 am UTC| Technicals
GBP/JPY has broken minor trend line resistance (trend line joining 182.52 and 181.89) and a slight jump till 182.60/183 cannot be ruled out. Intraday minor resistance is around 182.70 and any break above targets...
FxWirePro: AUD/USD bounces from lows at 0.6996, good to buy dips
Sep 30, 2015 05:15 am UTC| Technicals
Overnight recovery in the Aussie lost steam after the latest poor Australias building consents data dented investor sentiment Australian dollar edged up from a trough of $0.6934 hit on Tuesday, but gains stalled at...
FxWirePro: USD/CHF forms bullish BAT pattern, good to buy at dips
Sep 30, 2015 03:50 am UTC| Technicals
Harmonic Pattern formed- Bullsih BAT patternPotential Reversal Zone (PRZ)- 0.9680. USD/CHF has retreated after making a high of 0.9810 on Monday and declined till 0.96870 yesterday. It is currently trading at...