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AUD/CHF breaks minor trend line support, decline till 0.7050 is possible

Jan 06, 2016 07:51 am UTC| Technicals

Major support - 0.7175 (trend line joining 0.7057 and 0.7159) Major resistance -0.7250 (200 day 4 HMA) The pair has broken major trend line support 0.7175 and decline till 0.7160. It is currently trading around...

FxWirePro: Strong support for USD/JPY at 118.30, weakness only on breaks below

Jan 06, 2016 06:51 am UTC| Technicals

USD/JPY extends its losing streak for the fourth straight session, risk-off intensifies after Yuan devaluation, supporting Yen higher. The pair hit fresh multi-month lows at 118.35 before attempting a minor recovery...

GBP/CAD breaks minor trend line resistance, targets 2.0860

Jan 06, 2016 06:39 am UTC| Technicals

Major trend line resistance - 2.0560 (trend line joining 2.0860 and 2.0730). Major support -2.0396 The pair has broken major trend line resistance 2.056 and jumped till 2.0590. It is currently trading around...

FxWirePro: USD/CAD hits fresh 12-year high above 1.40, good to buy at dips

Jan 06, 2016 06:17 am UTC| Technicals

Major resistance -1.40018 (Dec 17th High) Major support - 1.3800 Loonie has broken major resistance 1.40018 and jumped till 1.40393 at the time of writing. It is currently trading around 1.40380. Any break...

FX Hedging Strategy Series

FxWirePro: EUR/CHF option trading set up - short strangles ensure certain yields in range-bound trend

Jan 06, 2016 06:05 am UTC| Technicals

Vols and risk reversal: Based on order flow analysis, the low implied volatility is also experienced from last couple of days and would likely to perceive the lower side for next 2-3 months or so as shown in the...

USD/CAD intraday bias upside, trade balance data eye for the day

Jan 06, 2016 05:58 am UTC| Technicals

Uptrend resumed by taking out 1.4000 and reaches as high as 1.4038 so far. Break of 1.4039 levels may take the pair towards 1.4163 levels. Oil prices were also down on Tuesday, adding extra pressure on the...

Major Asian Indices Technical's

Jan 06, 2016 05:21 am UTC| Technicals

Hang Seng: Hang Seng has broken major support 21100 and this this confirms minor weakness a decline till 20650/20380 is possible . It is currently trading around 21261 The index resistance is at 21400 and any...

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