FxWirePro: EUR/USD key resistance at 1.1288, sell deals are recommended around 1.1315
Aug 28, 2015 12:06 pm UTC| Technicals
The Euro has failed to consolidate above 38.2 fib levels at 1.1282, and has slipped sharply towards 1.1260 levels. The pair has started to continue its bearish momentum and is all set to test strong support at 1.1184, a...
FxWirePro: EUR/USD fails to sustain gains, dips below 1.13 handle
Aug 28, 2015 11:42 am UTC| Technicals
EUR/USD pair failed to sustain hefty gains and trimmed a part of it, dragging the pair back below 1.13 handle EUR/USD is currently trading at 1.1266, with immediate resistance at at 1.1310 (Todays High), above which gains...
FxWirePro: Delta risk reversal indicates EUR/USD option strips for long term hedging
Aug 28, 2015 09:51 am UTC| Technicals
Execution: The spot EURUSD is flashing at 1.1273 and we think the prices will make a significant move most likely in a downward direction. At the money 2M 0.51 delta calls (strike 1.1273) are trading at US$ 2163.41 and it...
FxWirePro: EUR/AUD tests trendline support at 1.5599 – put ratio spread for swing trading
Aug 28, 2015 09:15 am UTC| Insights & Views Technicals
The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance, it looks like the pair has set up a new stage for its bull run as you can make out from strong...
FxWirePro: Fresh round of selling in European equities buoys JPY, USD/JPY retraces gains
Aug 28, 2015 08:39 am UTC| Technicals
USD/JPY had earlier in Asia hit session highs at 121.40 retracing more than half of the fall from 125.28 (Aug 12 high) to 116.08 (Aug 24 low) A fresh round of selling in European indexes has taken the Japanese Yen to...
FxWirePro: EUR/GBP above 0.73 handle, hits fresh session highs at 0.7324
Aug 28, 2015 08:04 am UTC| Technicals
EUR ran into fresh bids in the early European session, buoyed on weakness in the European stocks EUR/GBP retakes the 0.73 handle, currently trades by fresh session highs at 0.7324 The second official UK GDP...
FxWirePro: USD/CHF pares losses, strong resistance seen at 0.9670 (cloud base)
Aug 28, 2015 07:34 am UTC| Technicals
USD/CHF halted its three back-to-back sessions of gains and dipped into negative territory in early European trades after positive Swiss GDP data buoyed CHF bulls Swiss real GDP growth for Q2 came in at 0.2 pct q/q vs...