FxWirePro: NZD/JPY short put ladder hedges short term bull run and intermediate bear trend
Sep 09, 2015 07:44 am UTC| Technicals
On daily charts moving averages are signifying some price stability which could propel the prices towards north in short term. While weekly and monthly leading oscillators (RSI and stochastic) are puzzling this uptrend...
BTC/USD faces strong resistance around $245, break above targets $271
Sep 09, 2015 07:33 am UTC| Technicals
BTC/USD has recovered till $244 after making a low of $198 and is currently trading at $240. Short term trend is bullish as long as support $230 holds. The major resistance is around $245 and break above will take...
FxWirePro: GBP/AUD retreats after making a high of 2.210, good to buy at dips
Sep 09, 2015 07:30 am UTC| Technicals
GBP/AUD has made a high of jumped till 2.210. It is currently trading at 2.2065. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs minor support is around...
FxWirePro: Cable looks weak ahead of UK data, good to sell rallies
Sep 09, 2015 06:47 am UTC| Technicals
GBP/USD seeing some weakness after solid gains in the previous two sessions which retraced almost half of last weeks drop. Persisting risk-on sentiment continues to boost appetite for the riskier assets such as the...
FxWirePro: NZD/USD one touch spreads to speculate HY vols but calendar spreads for hedging
Sep 09, 2015 06:28 am UTC| Technicals
The implied volatility for next month ATM contracts of NZDUSD pair is seen at 18.67%, which is comparatively higher in APAC currency baskets. Contemplating intraday bull sentiments, we recommend on pure speculation...
FxWirePro: CAD extends gains on broad commodities rally amid recovery in risk appetite, focus on BoC
Sep 09, 2015 06:16 am UTC| Technicals
Surge in global stocks amid a recovery in risk appetite driving rallies in commodity currencies such as the Canadian dollar The Canadian dollar extending gains against its U.S. counterpart on Wednesday amid a broad global...
FxWirePro: Buy AUD/JPY only above 85.13 with SL around 84.50 for the TP of 87.20
Sep 09, 2015 06:09 am UTC| Technicals
AUD/JPY recovers after making a low of 82.11 and has made a high of 85.125. it is currently trading at 85.02. Intraday weakness can be seen only below 84.50 and any break below targets 84/83.25 in short term. On the...