FxWirePro: USD/CAD weaker after crude oil prices rally, outlook remains bearish
Apr 25, 2016 15:28 pm UTC| Technicals
The USD/CAD pair declined in the US session on Monday as oil rose prices jumped towards $44per barrel and negative US new home sales weighted on the currency pair. Oil prices edged up extending recent gains building...
FxWirePro: Gold steadies from daily lows, outlook bullish
Apr 25, 2016 14:16 pm UTC| Technicals
Gold inched up from Fridays lows on Monday, as retreat in dollar helped the commodity recover some ground. The yellow metal has bounced from $1230 up to trade at $1239 in the US session. The yellow metal is set to...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Apr 25, 2016 13:33 pm UTC| Technicals
The EUR/USD pair rebounded on Monday erasing some earlier losses suffered following the release of German Ifo Business Climate Index. German business morale unexpectedly inched down to 106.6 53.9 in April, from 106.7...
FxWirePro: GBP/USD rises to one-month highs, maintains bullish bias
Apr 25, 2016 13:18 pm UTC| Technicals
GBP/USD opened with gap in todays Asian session and declined towards 1.4416 levels. But resumed upside as the sterling was bolstered by expectations that UK would vote to stay in the European Union. The pair rose...

FxWirePro: Bears resume again as EUR/CHF approaches 1.1015 and range bounded trend back in action
Apr 25, 2016 12:28 pm UTC| Technicals
Both on daily and weekly plotting, after two weeks of upswings bulls have now taken a halt as price touches at 1.1015 levels. Bearish swings are getting active to evidence the weakness at this at this stage, that is...

Apr 25, 2016 12:23 pm UTC| Technicals
Major resistance 1.1320 Major intraday resistance 1.12650 (200 day 4H MA) The pair has slightly recovered after making a low of 1.12150 on Friday .it is currently trading around 1.12480. Short term trend...

FxWirePro: AUD/USD calendar spread setup to bridge gap between call premiums and IVs
Apr 25, 2016 11:45 am UTC| Technicals
Before we begin, lets glance over something called implied volatility, we consider 1W IVs of 12.95% at spot FX 0.7718 levels and 12.45% for 1M tenors. ATM call premiums are trading 22.88% more than Net Present Value of...