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BTC/EUR take support around 390, jump till 460 is possible

Dec 24, 2015 12:28 pm UTC| Technicals Digital Currency

BTC/EUR has recovered after making a low of 394. It is currently trading around 416. The pair has taken support near trend line 390 and intraday weakness can be seen only below 390 On the higher side minor...

GBP/CAD Trade Idea

Dec 24, 2015 12:18 pm UTC| Technicals

Pattern formed - Bullish Gartley Pattern Potential Reversal Zone (PRZ) - 2.0950 The pattern will get invalid only above 2.0950 level. The pair has made the high of 2.0860 on Monday and has started to decline from...

FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to sell on rallies

Dec 24, 2015 12:00 pm UTC| Technicals

Harmonic pattern formed - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 1.09820 EUR/USD has recovered after making a low of 1.0869. It is currently trading around 1.09543 The pairs major resistance...

Emerging Market Crisis Series

FX Hedging Strategy Series

FxWirePro: Brazil political turmoil unlikely to cushion BRL, fiscal consolidation to add pressure – stay USD/BRL hedged via CRBS

Dec 24, 2015 11:44 am UTC| Technicals Politics

Parliamentary assembly is in adjournment until February, resulting Brazilian assets a brief halt from the political turmoil, as no traces of any developments in the process of President Rousseffs charges, House Speaker...

Silver trades above trend line resistance, a jump till $14.62 is possible

Dec 24, 2015 10:17 am UTC| Technicals

The commodity has broken trend line resistance and jumped till $14.37 on Tuesday. It is currently trading around $14.32. Short term trend is bullish a jump till $14.62 is possible. On the lower side support is around...

Major European Indices Technical Analysis

Dec 24, 2015 08:30 am UTC| Technicals

DAX: DAX is trading slightly higher after making a low of 10397 on Tuesday. The index is facing major resistance around 10833 (17th Dec 2015 high). Any break above 10835 will take the index till 11040(200 day...

FX Hedging Strategy Series

FxWirePro: Rosy times for AUD/JPY put holders as reduced IV favors vega, 2:1 backspreads to reduce hedging cost

Dec 24, 2015 08:04 am UTC| Technicals

Whats cooking with JPY fundamentals: The Bank of Japan (BoJ) decided on surprise measures to qualitatively supplement its QQE without further quantitative easing last week (BoJ reinforces open ended character of QQE...

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