
FX Vols spiking as EM contagion to DM, worsening illiquidity preserve gamma bullishness
Jan 27, 2016 13:22 pm UTC| Technicals
Spot FX vols in almost all major pairs except GBPUSD and Swiss franc crosses have scaled up almost a maximum point over the past two weeks (basis VXY) as worldwide equity avenues were churned out by Chinese meltdown....

GBP/CAD breaks major trend line support, targets 1.9700
Jan 27, 2016 12:32 pm UTC| Technicals
Major support - 2.019 (trend line joining 1.87142 and 1.9845) The pair has broken major support 2.019 confirms minor trend reversal a decline till 1.9845/1.9700 in short term. On the higher side major resistance...

Jan 27, 2016 12:22 pm UTC| Technicals
Major resistance -170.35 (Jan 22nd 2016) The pair has once again recovered after making a low of 166.97. It is currently trading around 169.27. GBP/JPY reached 170 today morning and started to decline from that...
Gold fails to cross major resistance at $1122, downside correction likely
Jan 27, 2016 10:53 am UTC| Technicals
XAU/USD is currently trading at $1117 levels and made new intraday low at $1116.48 levels. Pair rebounded from todays high and core resistance level at $1122. FOMC in focus as Fed will most likely leave...

Jan 27, 2016 10:51 am UTC| Technicals
For AUD, rate solidity remains a bearish force for the currency, but in 2016 it will be driven by Fed hikes rather than RBA easing (we think the RBA is done). AUD jumped to 2 weeks highs of 0.7051 after the Australian...

FxWirePro: DAX faces major support at 9560, good to buy at dips
Jan 27, 2016 09:55 am UTC| Technicals
The index has broken major resistance 9830 (Jan 22nd high) and jumped till is currently trading around 9780. Any minor weakness can be seen only below 9560 (Kijun-Sen) and any break below 9560 will drag the index down...

GBP/JPY faces strong resistance at 170.35, break above targets 175
Jan 27, 2016 09:19 am UTC| Technicals
Major resistance -170.35 (Jan 22nd 2016) The pair has once again recovered after making a low of 166.97. It is currently trading around 169.27. GBP/JPY reached 170 today morning and started to decline from that...