
Mar 18, 2016 14:18 pm UTC| Technicals
The pair has currently broken supports at 1.0940 levels. Current prices dropped below 7 21DMAs that means weakness to prolong. The southward travel upto next support at 1.0904 is quite possible. In contrast, on...

Mar 18, 2016 13:56 pm UTC| Technicals
EUR/CHF IVs keeps option writers on upper hand. The implied volatilities of EURCHF ATM contracts of all expiries have been the least among G10 currency segment. In EURCHF FX options markets, it seems like huge disparity...
GBP/JPY breaks major resistance at 161.58, targets 162.50/164
Mar 18, 2016 12:39 pm UTC| Technicals
Major resistance 161.58 (March 18th high) Minor support 160.80 GBP/JPY breaks major resistance 161.58 and this confirms minor trend reversal and jump till 162.50/164 cannot be ruled out. On the lower side...
FxWirePro: GBP/USD faces major support around 1.4350, good to buy at dips
Mar 18, 2016 11:48 am UTC| Technicals
Major support 1.4350 Major resistance 1.4500 GBP/USD has broken major resistance 1.4400 and jumped till 1.45032. It is currently trading around 1.44427. Intraday trend is slightly bullish as long as...
Mar 18, 2016 10:29 am UTC| Technicals
Major resistance 1.13500 (trend line joining 1.1495 and 1.1376) The pair has made a high of 1.13424 and slightly decline from that level. It is currently trading around 1.13014. Intraday trend is slightly weak...

FxWirePro: EUR/AUD IVs still spiking higher - hedge via vega puts in PRBS to tackle higher IVs
Mar 18, 2016 10:02 am UTC| Technicals
EUR/AUD have been dramatically spiking higher at 12.59% for 1W expiries and 12.41% for 1M expiries. Volatility smiles most frequently show that traders are willing to pay higher implied volatility prices as the strike...
FTSE100 breaks major resistance 6220, jump till 6350 is possible
Mar 18, 2016 09:47 am UTC| Technicals
Major Resistance 6220 Major support 6100 FTSE100 has recovered after making a low of 6114 yesterday and jumped till 6215 at the time of writing. It is currently trading around 6221. Short term trend is...