Sep 03, 2015 11:02 am UTC| Technicals
USD/CHFis facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness, a jump till 0.9764/0.9800 cannot be ruled out. On the downside minor support is around...
FxWirePro :USD/JPY faces strong resistance around 121, good to sell on rallies
Sep 03, 2015 10:03 am UTC| Technicals
RES 4 : 122.35 RES 3: 121.75 (61.8% retracement of 125.27 and 116.07) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1 : 120.32 (7 day 4 HEMA) PRICE: 120.37 @10:02 GMT SUP 1:119.56 (38.2%...
FxWirePro: Vols and Greeks for AUD/CAD put ladder in action
Sep 03, 2015 10:01 am UTC| Technicals
Technical Glimpse: The downtrend that has been gradually prolonging and bearish candles are popping up every now and then with abundant volume confirmation. While %D crossover near 80 levels signifies the selling...
FxWirePro: Gold faces strong support near $1115, good to buy at dips
Sep 03, 2015 09:19 am UTC| Technicals
Gold has recovered till $1147 after making a low of $1117. It is currently trading at $1139. Overall trend is still bullish as long as support $1115 holds. On the downside major support is around $1115 and break below...
FxWirePro: AUD/JPY struggles to close above 85, good to sell on rallies
Sep 03, 2015 09:08 am UTC| Technicals
AUD/JPY has made a low of 83.63 and recovered till 85.13. Overall trend is weak as long as resistance 85.07 (20 day 4 HMA) holds. Any break above 85.07 will take the pair to next target at 86.25/86.50. On the...
FxWirePro: Have you missed EUR/AUD’s surge with put ratio spread – capture with credit put spread
Sep 03, 2015 08:24 am UTC| Technicals
The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance; the pair has now taken a trendline support exactly at 1.5598 which we had earlier anticipated....
FxWirePro: EUR/SEK slumps post Riksbank decision, further downside likely
Sep 03, 2015 07:54 am UTC| Technicals
Swedens central bank held its benchmark repo rate at -0.35 percent as expected on Thursday, says ready to do more. The Riksbank has cut rates three times this year to boost prices, most recently in July when the...