
FxWirePro: GBP/USD key support at 1.4294, upside prevails in the short term
Mar 03, 2016 15:30 pm UTC| Technicals
GBP/USD inched higher against US dollar by hitting daily highs at 1.4148 during early American hours, before making a short dip after the release of positive ISM non-manufacturing PMI. The pair has held above 1.4100...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Mar 03, 2016 15:00 pm UTC| Technicals
The EUR/USD pair inched higher towards as 1.0914 levels in the early the US session as the pair attracted buyers after bunch of US economic data printed negative figures. The pair continues to remain in bearish tone,...

FxWirePro: Hedge gold risks via 3 way straddles versus calls as disparity between premiums and IVs
Mar 03, 2016 13:48 pm UTC| Technicals
Gold spot is struggling to break and sustain above the resistance at 1250 levels despite CFDs have been drifting up, or April delivery on the Comex division of the NYME inched up $ 1.30, to trade at $1,243.10 a troy ounce...

Mar 03, 2016 13:19 pm UTC| Technicals Central Banks
The euro risks are increased as the ECBs governing councils monetary policy meeting scheduled on 10/03 in Frankfurt. Draghi recently says, euro zone growth and inflation prospects have weakened, the ECB to address and...

Mar 03, 2016 12:06 pm UTC| Technicals
Major Intraday resistance - 1.0880 Major support - 1.0820 The pair has made a high of 1.08771 at the time of writing and slightly retreated from that level. It is currently trading around 1.08698. On the...

FxWirePro: CHF/JPY faces strong resistance at 114.20, good to sell on rallies
Mar 03, 2016 12:04 pm UTC| Technicals
Major resistance - 114.75 (trend line joining 114.45 and 114.63) Major support - 113.60 The pair has recovered after making a low of 113.68. It is currently trading around 114.32. Short term trend is...

EUR/PLN recovers from key support at 4.3165, buy on dips
Mar 03, 2016 11:47 am UTC| Technicals
Pair is currently trading at 4.3329 levels. It made intraday high at 4.3365 and low at 4.3161 levels. Intraday bias remains bullish for the moment. A daily close below 4.3160 levels will turn the bias...