
FxWirePro: Copper faces strong support around 2.030, good to buy at dips
Dec 28, 2015 12:23 pm UTC| Technicals
Major support -2.030 Copper has retreated after making a high of 2.142. It is currently trading around 2.079. The commodity has broken minor support around 2.090 and declined till 2.076. Overall weakness can be...

FxWirePro: EUR/CHF disparity between IVs and premiums - risky traders can prefer back spreads
Dec 28, 2015 12:19 pm UTC| Technicals
Delta risk reversals of EURCHF for next 6 months: The OTC options market seemed to have been more well-adjusted on the direction for the pair over the 1m to 1y time horizon and as a result delta risk reversal for EURCHF...

Dec 28, 2015 11:14 am UTC| Technicals
Switzerland trade surplus decreased to CHF 3.14 billion in November of 2015 from CHF 3.75 billion a year earlier and missing market consensus, as imports rose more than exports. Switzerland recorded a current account...

Dec 28, 2015 10:02 am UTC| Technicals
Major resistance (Long term) - 2115 (trend line joining 2137 and 2132) Minor support (Short term) - 1990 The index has made a low of 1993 and started to recover from that level. It is currently trading around...

FxWirePro: Watchout for NZD/JPY breaks above 82.45 for further bullishness
Dec 28, 2015 09:33 am UTC| Technicals
NZD/JPY edges higher for the third straight session, trades range-bound on the day, 82.32/41 were days high/low till now. A bounce in oil prices coupled with a positive new Zealand trade balance keeps the upside in...

GBP/JPY breaks minor trend line resistance, targets 182.25
Dec 28, 2015 09:05 am UTC| Technicals
Major trend line resistance - 179.70 (trend line joining 181.22 and 179.91) Any break above 179.70 confirms minor bullishness, a jump till 181.20/182.25 is possible . On the downside trend reversal only below...

FxWirePro: Exploiting GBP/AUD shorts on IVs, balance back spreads with 3:2 ratios
Dec 28, 2015 08:51 am UTC| Technicals
The pair has been pretty much responding as per earlier analysis and we could now foresee a little bit price bounces in near term as the daily chart suggest some buying interest that would result in some price...