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FxWirePro: EUR/AUD sees strong resistance at 1.4893, breaks above could test 1.50

Mar 08, 2016 09:24 am UTC| Technicals

EUR/AUD has edged lower from session highs at 1.4893, which is strong resistance for the pair. Techs on 4-hourly charts are biased higher, and breaks above 1.4893 could take the pair to 1.50 levels. Immediate...

FxWirePro: GBP/AUD breaks strong resistance at 1.9110, focus on BoE Gov Carney's testimony

Mar 08, 2016 08:55 am UTC| Technicals

GBP/AUD has broken strong trendline resistance at 1.9110 levels, we see scope for test of 0.93 levels. The pair has hit session highs at 1.9238 and edged lower to currently trade at 1.9163 levels. Strong support...

BTC/USD trades well above $400, jump till $425/$450 is possible

Mar 08, 2016 08:51 am UTC| Technicals

Major Support - $370 BTC/USD has recovered till $415 after making a low of $382. It is trading around $412.34. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

FX Hedging Strategy Series

FxWirePro: Use EUR/AUD's any abrupt upswings ahead of ECB's monetary policy for hedging euro's downside risks

Mar 08, 2016 08:21 am UTC| Technicals

The ECB has indicated a extra relaxation in monetary policy at its upcoming meeting day after tomorrow. But during Decembers under-deliverance highlights the risk of another disappointment, the deteriorating economic...

FX Hedging Strategy Series

FxWirePro: EUR/AUD's shooting star signals stern weakness, breaks support at 1.4855 - leverage profits from one touch binary put on pivot point

Mar 08, 2016 08:05 am UTC| Technicals

A shooting star candle pattern occurred at 1.5223 levels on monthly plotting, more bearish swings have been evidenced as a confirmation (see next bear candle after this pattern). The pair has been tumbling to break...

FxWirePro: Buy USD/MXN around 17.75, stop loss 17.69 and book profit around 18.31/ 18.94 levels

Mar 08, 2016 07:55 am UTC| Technicals

Pair is currently trading at 17.80 marks. It made intraday high at 17.81 and low at 17.73 levels. Intraday bias remains bullish till the time pair holds key support at 17.69 levels. Alternatively, a daily...

DAX30 struggles to break above 9900, targets 9300

Mar 08, 2016 07:38 am UTC| Technicals

Major resistance - 9925 Major support - 9660 (200 day 4 HMA) DAX has retreated after making a high of 9900. It is currently trading around 9710. Short term trend is still weak as long as resistance 9925...

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