
Mar 11, 2016 12:54 pm UTC| Technicals
Technical glimpse: AUD/USD is failing quite often to break resistance at 0.7513, as a result we think since it doesnt manage to break above decisively which would likely create more bearish potential for aggressive...

FxWirePro: EUR/GBP hedging volumes mounting after ECB - debit combos for upside risks
Mar 11, 2016 11:47 am UTC| Technicals
The above table ranks in shrinking implied volatility among euro currency crosses, euro spiking due to the ECB failed in forward guidance after announcing interest rate to be reduced at 0.0% from 0.05% and deposit rate at...

FxWirePro: US Dollar Index faces strong support around 95.60, good to buy at dips
Mar 11, 2016 11:41 am UTC| Technicals
Major resistance -97 (20 day 4 H EMA) Major support - 95.60 DXY has retreated after making a high of 98.42. It is currently trading around 96.69. Short term trend is slightly bullish as long as support 95.60 holds. On...

CAD/JPY faces strong resistance around 86.14, break above targets 87.05/88
Mar 11, 2016 10:52 am UTC| Technicals
Major resistance - 86.14 (88.6% retracement of 87.04 and 79.27) Major resistance - 84.50 CAD/JPY has recovered after making a low of 84.10. It is currently trading around 86.01. CAD/JPY faces strong...

FxWirePro: Euro IVs drastic cooling off owing to ECB's failure in forward guidance
Mar 11, 2016 10:35 am UTC| Technicals
After ECBs deliverance of more than anticipated has not completely priced in. All FX, equity, bonds and derivatives markets seem to be adjusting. You can observe that from the IV and RR nutshell. Had the ECB announced a...

Mar 11, 2016 10:26 am UTC| Technicals
Major resistance - 163.22 (127% retracement of 162.43 and 159.48) Major support - 160.80 The pair has made a high of 162.99 and started to retreat from that level. Short term trend is bullish as long as support...

USD/TRY hits fresh 3 month low at 2.8729, intraday bias remains bearish
Mar 11, 2016 10:05 am UTC| Technicals
USD/TRY is currently trading at 2.8795 levels. It made intraday high at 2.8921 and low at 2.8729 levels. Intraday bias remains bearish for the moment. A recent down fall from the 2.9991 was a corrective...