
FxWirePro: Gold faces strong support around $1080, good to buy at dips
Nov 09, 2015 11:11 am UTC| Technicals
Gold has recovered after making a low of $1085 on Friday. It is currently trading at $1094. Short term bounce back till $1120 is expected as long as support $1178 holds. On the lower side minor support are...

Nov 09, 2015 10:47 am UTC| Technicals
GBP/JPY has recovered after making a low of 184. term trend is still bullish as long as 184.30 holds. Any break below 184.30 will drag the pair till 183.90/183.40. The pairs minor support is around 185.70 and...

FxWirePro: AUD/USD put writers on upper hand favoured by IV - use rallies to deploy shorts in PRBS
Nov 09, 2015 10:38 am UTC| Technicals
As you can observe from the diagram the implied volatility for near month at the money contracts of this APAC pair has been highest among G20 currency pool after EURUSD and is seen 11.5% for 1w expiry. While delta risk...

FxWirePro: AUD/USD relentless downswings on breach of 0.7140, binary puts for target 60 pips
Nov 09, 2015 10:19 am UTC| Technicals
A resembling bearish Marubozu pattern occurred at 0.7035 levels to confirm the breach of supports at 0.7140 levels. Previously, a gravestone doji was occurred at the same levels on daily charts and the trend on this...

FxWirePro: EUR/JPY may extend slumps – short on rallies via binary puts
Nov 09, 2015 10:11 am UTC| Technicals
EUR/JPY is nearing a decisive resistance levels at 133.096 where it has rejected and bounced several times, the pair has shown the supply and demand sentiments quite a lot of times in the recent times as well (see circled...

FxWirePro: USD/CHF trades above 1.00 level, good to buy at dips
Nov 09, 2015 09:42 am UTC| Technicals
USD/CHF has broken major resistance around 0.9980 and jumps till 1.00764. It is currently trading around 1.003. The pair retreated till 0.9997 today at the time of writing and recovered from that level. Short term...

FxWirePro: AUD/USD topside limited, good to sell rallies
Nov 09, 2015 09:33 am UTC| Technicals
AUD/USD has recovered slightly from post FOMC lows at 0.7023 and trades at 0.7053, days range 0.7066/24. Cloud top at 0.7070 is strong resistance zone. Correction is expected to remain short-lived. The Aussie dollar...