
Mar 17, 2016 06:37 am UTC| Technicals
Please have a glance on how implied volatilities of ATM puts of 1D and 1W expiries are acting crazily in OTC markets, 20.36% and 13.09% respectively ahead of Bank of Englands monetary policy which is most likely to be...
Mar 17, 2016 06:07 am UTC| Technicals
The pair has rejected the resistances at 164.036 and 162.072 levels. The current prices have drifted below 7 21DMAs, so downtrend would likely continue in long run. Selling momentum is intensified as we can make out...
GBP/JPY breaks major support 159.50, targets 158/156.50
Mar 17, 2016 05:55 am UTC| Technicals
Major support 159.50 Major intraday resistance 161.05 (55 day 4 H EMA) The pair has retreated after making a high of 161.03. It is currently trading around 159.43. Any break below 159.50 confirms major...

FxWirePro: EUR/JPY rejected at 126.62 (strong trendline resistance), good to sell rallies
Mar 17, 2016 05:13 am UTC| Technicals
EUR/JPY has been rejected at highs by 126.62, strong trendline resistance seen at 126.60 levels. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see further...
Mar 17, 2016 04:37 am UTC| Technicals
Kiwi rallied against the US Dollar buoyed by a more dovish than anticipated FOMC statement and upbeat NZ GDP data. New Zealand Q4 GDP arrived at +0.9% q/q vs the +0.6% expected vs. 0.9% prior, and y/y actual at 2.3%...

USD/MYR hits 6 -month low, intraday bias remains bearish
Mar 17, 2016 04:29 am UTC| Technicals
Pair is currently trading around 4.0840. It made intraday high at 4.0933 and low at 4.0688 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.1235. A sustained break above key...

FxWirePro: AUD/USD breaks above 0.76 barrier, good to buy dips
Mar 17, 2016 04:05 am UTC| Technicals
AUD bulls ignore poor show in the Australian jobs data, push higher to break the 0.76 handle after a surprisingly dovish FOMC. Australias Bureau of Statistics reveled a 0.3k increase in total employment (seasonally...