
FxWirePro: AUD/USD rejected at day's high by 0.7637, good to sell rallies
Apr 07, 2016 07:33 am UTC| Technicals
AUD/USD rejected at days high by 0.7637, slips below the 0.76 handle to currently trade around 0.7590 levels. Technicals on 2H charts show scope for further downside, Stochs and RSI are biased lower and MACD line...

CHF/JPY faces strong support at 114, break below targets 112.55/111.90
Apr 07, 2016 06:53 am UTC| Technicals
Major support 114 Major Intraday resistance 115 CHF/JPY has recovered slightly yesterday after making a low of 114.42. In the Asian session the pair has broken yesterday low 114.42 and declined till 114.02 at...

FxWirePro: AUD/JPY holds cloud top support at 82.90, good to go short on breaks below
Apr 07, 2016 06:52 am UTC| Technicals
AUD/JPY broke rising trendline support at 84 on Tuesdays trade, downside capped by daily cloud which is strong support. Pair struggles to breach cloud top currently at 82.90, we see scope for further downside only on...

FxWirePro: EUR/USD hedging and speculating sides as per OTC adjustments
Apr 07, 2016 06:44 am UTC| Technicals
The implied volatility of ATM contracts for next 3M - 1Y expiries of this the pair is flashing at around 10.5%, that is when vital economic and geopolitical announcements are scheduled such as UK referendum (on June 23rd),...

FxWirePro: NZD/JPY breaks strong support at 74.25, targets 73.55
Apr 07, 2016 06:24 am UTC| Technicals
NZD/JPY has breached strong trendline support at 74.25, we see scope for test of 73.55 levels. Price action in the pair has dipped below daily cloud. 5-DMA has shown a bearish crossover on 10-DMA. Stochs are...

FxWirePro: EUR/USD trades higher on dovish FOMC Minutes, good to buy at dips
Apr 07, 2016 05:58 am UTC| Technicals
Major resistance 1.14380 Major support - 1.1320 (55 day 4H EMA) The pair has recovered from the low of 1.13266 after dovish FOMC minutes .EUR/USD jumped till 1.14319 and closed near to 1.1400 level. US Mar...
Apr 07, 2016 05:31 am UTC| Technicals
Today, both ECB and Fed chairpersons are scheduled to speak on their respective economies and monetary policies to suit their economic conditions. Volatility is often experienced during her speeches as traders attempt...