FxWirePro: USD/CAD key resistance at 1.3194, sell deals are recommended around 1.3170
Nov 03, 2015 14:04 pm UTC| Technicals
USD/CAD has slipped towards 1.3100 levels after failing to break minor resistance level located at 1.3125 in the early European session today. However, the pair has managed to rebound after testing support level located at...

FxWirePro: NPV of USD/CAD ATM puts seem costlier – offset via option arbitrage
Nov 03, 2015 13:50 pm UTC| Technicals
The implied volatility of ATM contracts for near month expiries of this the pair is at around 7.9% and for 1w expiry at 8.65%. NPV of 1w ATM call is 616.84 while premiums trading above 14.28% at CAD 704.93 for lot size...
FxWirePro: EUR/GBP faces strong resistance around 0.7200, good to sell on rallies
Nov 03, 2015 12:34 pm UTC| Technicals
RES 4: 0.7330 (200 day 4 HMA) RES 3: 0.7300 RES 2: 0.7235 (55 day 4H EMA) RES 1 :0.7187 (20 day 4HMA) PRICE: 0.71329 @ 12:33 GMT SUP 1: 0.7108 (161.8% retracement of 0.7168 and...

FxWirePro: Short strangle on GBP/USD’s range bound trend
Nov 03, 2015 12:31 pm UTC| Technicals
Technical Preview: It has been observed and kept urging that there would be range bounded swings on this pair where upper band is 1.58 which is maintaining as a resistance point while 1.5175 as support from last couple...

FxWirePro: GBP/USD bulls exhausted at intermediary trendline resistance – more dips underway
Nov 03, 2015 12:04 pm UTC| Technicals
It has been observed and kept urging that there would be range bounded swings on this pair where upper band is 1.58 which is maintaining as a resistance point while 1.5175 as support from last couple of months (From...

Consolidation in USD/CAD to extend further, higher U.S rates, lower oil prices to weigh
Nov 03, 2015 11:28 am UTC| Insights & Views Central Banks Technicals
The Bank of Canada in October held interest rates, but painted a gloomy picture of the Canadian economy. The BOC noted that weak oil prices have had a negative impact on the export sector and hurt economic growth. In its...
FxWirePro: USD/JPY struggles to break above 121.50, good to sell on rallies
Nov 03, 2015 11:27 am UTC| Technicals
RES 4: 122 RES 3: 121.75 (28th Aug 2015 high) RES 2: 121.50 (30th Oct 2015 high) RES 1: 120.80 (7 day HMA) PRICE: 120.85 @11:26 GMT SUP 1 120.09 (200 day HMA) SUP 2 : 119.60 SUP 3: 119 SUP 4:...