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GBP/USD Trade Idea

Mar 24, 2016 11:25 am UTC| Technicals

Major support -1.4050 (Mar 16th low) Minor resistance -1.4100 (trend line joining 1.4120 and 1.4104) The pair has once recovered after making a low of 1.40580. it is currently trading around 1.40872. The...

FxWirePro: S&P 500 faces strong resistance around 2060, good to sell on rallies

Mar 24, 2016 11:18 am UTC| Technicals

Major resistance 2060 (trend line joining 2116 and 2106) Major support 2024 (trend line joining 1922 and 1968) SP500 has retreated after making a high of 2057. It is currently trading around 2030. Short...

GBP/USD faces minor resistance at 1.4100, break above targets 1.4200/1.42452

Mar 24, 2016 09:46 am UTC| Technicals

Major support -1.4050 (Mar 16th low) Minor resistance -1.4100 (trend line joining 1.4120 and 1.4104) The pair has once recovered after making a low of 1.40580. it is currently trading around 1.40872. The...

DAX30 forms Gravestone Doji, decline till 9650 is possible

Mar 24, 2016 09:09 am UTC| Technicals

Candle stick pattern- Gravestone Doji Major resistance -10120 Dax has retreated after making a high of 10116.It is currently trading around 9967. Short term trend is weak as long as resistance 10120 holds....

Taiwan dollar appreciates despite rate cut by Central Bank but positive comments by Central bank governor

Mar 24, 2016 08:50 am UTC| Technicals Central Banks

USD/TWD is currently trading around 32.53 levels. It made intraday high at 32.71 and low at 32.45 levels. Taiwan Central bank cuts benchmark interest rate by 0.125 pct point to 1.5 pct. Taiwan central bank...

FX Hedging Strategy Series

FxWirePro: What else is suitable than "short strangle" for USD/CHF as trend drifts sideways, 25-delta RR neutral and IVs tepid?

Mar 24, 2016 08:36 am UTC| Technicals

Technical glimpse: The pair has been tepid but slightly bearish bias from last couple of months (see monthly charts). On daily charts, one can see prices can go either way upon make or break of 0.9776 on a closing...

Silver hits fresh 2 –week low, intraday bias remains neutral

Mar 24, 2016 08:26 am UTC| Technicals

XAG/USD is currently trading around $15.18 levels. It made intraday high at $15.28 and low at $15.11 levels. Intraday bias remains neutral for the moment. Silver fails to sustain above $16.00 and turns the...

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Economy

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Politics

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UK PM Keir Starmer Heads to Middle East Amid Ceasefire Agreement

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Trump Credits China for Brokering Iran-Israel-U.S. Ceasefire

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Science

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Technology

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