FxWirePro: USD/JPY heads deeper into bear territory, more downside expected
Apr 07, 2016 13:38 pm UTC| Technicals
The USD/JPY pair declined to hit low at 112.36 levels during mid-European session, however the pair pulled back some losses after the release of jobless claims data from US market. The pair hit fresh 17 -month low on...

Apr 07, 2016 13:02 pm UTC| Technicals
Bears in GBPUSD dont seem to be complacent as this is evident if you observe that the sterling against dollar has been collapsed almost about 11.67% in last 10 months, observing at the current GBP environment we could...

FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Apr 07, 2016 12:16 pm UTC| Technicals
Major resistance - $428 (trend line joining $502.48 and $465) BTC/USD has slightly recovered till $422 after making a low of $407.It is currently trading around $420.90. Short term trend is slightly weak as long...

Apr 07, 2016 11:38 am UTC| Technicals
Trade-weighted Sterling Sinks to 2-year Low. Gains against the U.K. currency helped the dollar hold above recent lows. 3M ATM IVs of GBPUSD and EURGBP spiking above 16% and 14% respectively. Brexit concerns sent...

Apr 07, 2016 10:59 am UTC| Technicals
Major resistance 0.9580 (4H Tenken-Sen and Kijun-Sen) Major support 0.9530 The pair has once again retreated after making a slight recovery till 0.95720 level. It is currently trading around...

GBP/CAD faces strong support around 1.8380, break below targets 1.8080
Apr 07, 2016 09:40 am UTC| Technicals
Major support -1.8380 (trend line joining 1.52698 and 1.55751) The pair has taken support near trend line 1.8380 and slightly recovered from that level. It is currently trading around 1.84030. Any break below...

Apr 07, 2016 08:51 am UTC| Technicals
This is what was advised exactly a week ago, 1 leg of strategy has derived as desired. Please refer below link for further...