
FxWirePro: GBP/AUD recovers after making a low of 2.073, good to sell on rallies
Nov 26, 2015 09:12 am UTC| Technicals
GBP/AUD has made a low of 2.0730 and recovered till 2.0930 from that level. It is currently trading at 2.08715. Overall trend is weak a decline till 2.050 (200 day MA)/2 is possible. Short term trend reversal can happen...

Nov 26, 2015 07:26 am UTC| Technicals
Please observe the IV factor for ATM contracts with 1w expiries. It is creeping down from last weeks 8% to 7.2% for 1 week maturities. On the flip side, EURJPY ATM puts are priced 13.22% above NPV which would mean that...

FxWirePro: AUD/CAD forms double top, bear trend intensifying – speculate with one touch vega puts
Nov 26, 2015 07:21 am UTC| Technicals
Both Intraday and EOD charts signal flaws in this pair that would plunge down up to 0.9599 levels. As shown in the intraday charts, the pair forms double top with peak 1 at 0.9665, peak 2 at 0.9679 and neckline at...

FxWirePro: EUR/AUD downtrend intact despite small bounce, target 1.44 levels
Nov 26, 2015 07:17 am UTC| Technicals
EUR/AUD sees a small bounce after AUD was hammered lower on poor Capex data, but downtrend in the pair still intact. Doji formation seen in yesterday trade, but a fresh 1.4577 low keeps downtrend in play Momentum...

FxWirePro: USD/CAD faces strong resistance around 1.3380, good to sell on rallies
Nov 26, 2015 07:15 am UTC| Technicals
Loonie has made a low of 1.3280 and recovered from that level .it is currently trading around 1.3305. Overall trend is still bullish as long as resistance 1.3380 holds. On the higher side minor resistance is around...

BTC/USD breaks minor trend line resistance, slight jump till $350 is possible
Nov 26, 2015 06:29 am UTC| Digital Currency Technicals
BTC/USD has recovered from the low of $316 and jumped till $335. It is currently trading at $332 The pair has broken minor trend line resistance $333 (trend line joining $356 and $350) but it should close above $336...

FxWirePro: AUD/JPY strong resistance at 89.15, good to sell rallies
Nov 26, 2015 06:19 am UTC| Technicals
Aussie was hammered on poor Australia capex data, pushing AUD/JPY lower. The pair failed near three-month highs and dropped sharply thereon, down around -0.39% to 88.67. Renewed weakness in USD/JPY on the back of a...