
Mar 31, 2016 14:21 pm UTC| Technicals
On daily charts, USDBRL has formed descending triangle. The prices have been consistently below 21DMA, price slumps have remained below sloping side of the triangle ever since it has dropped from the resistance at...

Mar 31, 2016 12:48 pm UTC| Technicals
The implied volatility of 1W expiries are spiking at 12.85%. If you have to evaluate these vols and premiums with probabilistic figures in distinctive scenarios of OTM strikes, the options pricing seems reasonable,...

CAD/JPY breaks major resistance at 86.50, break above targets 88/89.50
Mar 31, 2016 12:24 pm UTC| Technicals
Major resistance 86.50 Major support - 84.50 The pair has broken major resistance at 86.50 yesterday and jumped till 87.11.It is currently trading around 86.73. Short term trend is slightly bullish as long...

FxWirepro: NZD/JPY call hits all targets, further gains above 78.16 (cloud top)
Mar 31, 2016 12:18 pm UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-price-action-capped-below-strong-trendline-resistance-at-7670-good-to-go-long-on-breaks-above-185604) has hit all targets. Cloud top at 78.16 is strong...

Mar 31, 2016 11:54 am UTC| Technicals
The ATM implied volatility of 1W XAU/USD contracts are just below 17%. The premiums of 1W ATM contracts are trading at 34.11% more than Net Present Value of these instruments, hence, contemplating this disparity with...

Mar 31, 2016 10:50 am UTC| Technicals
From last 5 days attempts of spike has now been struggling at 0.7382 levels, it has bounced from 0.7302 to 0.7403 levels (todays high) in last 5 days. We now emphasize 0.7382 areas as stiff resistance of sloping channel...

Mar 31, 2016 10:39 am UTC| Technicals
Major support- 161.30 Major resistance 162.60 The pair has retreated after making a high of 162.57 yesterday. It is currently trading around 160.99. Short term trend is weak as long as 162.60 holds. On...