FxWirePro: USD/CAD dips below lower range, bearish bias increases
Mar 18, 2016 15:06 pm UTC| Technicals
USD/CAD has declined sharply towards 1.2970 levels, after breaking support level located at 1.3015 as the pair was weighted down by positive Canadian retail sales data and strong surge in oil prices. Currently the...
FxWirePro: EUR/USD runs out of steam but maintains bullish outlook
Mar 18, 2016 14:33 pm UTC| Technicals
The EUR/USD pair retreated from 1 month high on Friday, after global stock markets and crude oil price rebounded sharply. The pair initially fell towards 1.1254, before recovering to trade around 1.1288 levels in the early...

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...