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FxWirePro: USD/RUB debit call spreads for swing traders

Sep 09, 2015 13:13 pm UTC| Technicals

USDRUB is likely to resume its uptrend back again and has been continuing non-stop streak of rallies upto 71.6191 (highs of 24th August), we think that markets will square positions ahead of the FOMC decision onSeptember...

FxWirePro: Delta risk reversal signals XAU/USD’s hitch – prefer strips for hedging as bearish sentiment intensified

Sep 09, 2015 12:51 pm UTC| Technicals

From the above table you can observe the delta risk reversal has shifted into red zone again with increased volatility. Gold was fallen to five and half years low of $1,071.28 on 20thJuly amid the Feds speculation of...

FxWirePro: USD/JPY trades well above 120, jump till 121.70 is possible

Sep 09, 2015 12:39 pm UTC| Technicals

RES 4: 122 RES 4: 121.75 (28th Aug high) RES 3:121 RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) PRICE: 120.88 @12:38 GMT SUP 1 : 120.49 (7 day H EMA) SUP 2 : 120.25 (20 day HMA) SUP...

EUR/GBP faces strong support around 0.7240, break below targets 0.7160

Sep 09, 2015 12:21 pm UTC| Technicals

RES 4: 0.7395 ( Sep 1st high) RES 3: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES2 : 0.7320 (20 DAY 4 HMA) RES1 0.7292 (7 DAY 4H EMA) PRICE: 0.7250 @ 12:19 GMT SUP 1: 0.7240 (Aug 30th Low) SUP 2:...

FxWirePro: GBP/USD key support at 1.5290, bullish in the short term

Sep 09, 2015 12:17 pm UTC| Technicals

The cable has turned back to trade around 1.5350 levels after reaching high at 1.5404 levels. Currently the cable is approaching fib 50% support level at 1.5330, below this level strong support lies at 1.5288, around this...

FxWirePro: Kiwi trades firm ahead of RBNZ, NZD/USD holds above 10-DMA

Sep 09, 2015 11:58 am UTC| Technicals

Persisting risk-on flows dominated the days trade, boosting bids for higher yielding currencies, Asian stocks markets rallied. Antipodeans were the biggest beneficiaries of the risk environment with their respective...

FxWirePro: Buy USD/JPY around 120.70 with SL around 120.20 for the TP of 121.70

Sep 09, 2015 11:38 am UTC| Technicals

USD/JPY breaks major resistance 120.70 and this confirms short term bullishness , a jump till 121.70 cannot be ruled out. On the downside major support is around 120.20 and any short term weakness only below that...

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