FxWirePro: our Pound/Yen call closes in on target, stop loss and targets revised
Feb 22, 2016 10:57 am UTC| Technicals
We have provided two calls in Pound/Yen. One a bit over longer horizon. Sell Pound against Yen at 168, with stop loss around 189 and target at 121. The other one is more recent: To sell Pound at 163, with stop...

GBP/NZD breaks key support at 2.15 mark, more downside likely
Feb 22, 2016 10:42 am UTC| Technicals
Pair is currently trading at 2.1255 levels. It made intraday high at 2.1568 and low at 2.1224 levels. Today pair breaks key support level at 2.15 marks and trading below 2.13 levels. On the downside, key...

Feb 22, 2016 10:37 am UTC| Technicals
Major support - 1.4200 (trend line joining 1.4350 and 1.42443) The pair breaks major support 1.4200 and declined till 1.4157. It is currently trading around 1.41735. Short term trend is slightly weak as long as...

Feb 22, 2016 10:27 am UTC| Technicals
The implied volatility of ATM contracts for 1M-3M expiries of this the pair is flashing at around 12%. Delta risk reversals creeping up gradually with positive numbers to signify the hedging positions are well equipped...

FxWirePro: EUR/JPY holds strong channel base support at 125, weakness only on breaks below
Feb 22, 2016 10:22 am UTC| Technicals
EUR/JPY has taken strong support at 125 which is base of the 8 month downward channel. The pair has edged higher from days lows at 125.03 to currently trade at 125.25, some consolidation likely at current...

Feb 22, 2016 09:37 am UTC| Technicals
Pair is currently trading at 0.9925 levels. It made intraday high at 0.9930 and low at 0.9885 levels. Intraday bias remains bullish till the time pair holds key support at 0.9763 levels. Alternatively, a...

DAX30 breaks major trend line resistance 9520, jump till 9625/9797 is possible
Feb 22, 2016 09:15 am UTC| Technicals
Major resistance -9520 Major support - 9300 DAX recovered after making a low of 9318. It is currently trading around 9535. Short term trend is slightly bullish as long as support 9300. On the higher...