
FxWirePro: EUR/USD forms Bullish BAT pattern, good to buy at dips
Oct 30, 2015 04:40 am UTC| Technicals
Harmonic pattern- Bullish BAT pattern Potential Reversal Zone (PRZ) - 1.08450 EUR/USD has made high of 1.09976 today at the time of writing and declined from that level. It is currently trading around...
FxWirePro: USD/JPY key support at 120.50, buy deal are recommended around 120.70
Oct 29, 2015 16:08 pm UTC| Technicals
USD/JPY has rebounded after hitting support level at 120.50 and is bouncing above to test resistance level at 121.13, the support level at 120.50 set to hold the bears from falling further below and push the pair towards...

Dollar/Yen risk reversal hits highest since 2012
Oct 29, 2015 14:53 pm UTC| Insights & Views Technicals
Risk reversal is a measure of volatility skew using options market. In simple words, it is basically volatility difference between call and put. So greater the demand for a particular option, greater is the price and...
FxWirePro: USD/CHF key support at 0.9815, upside prevails in the short term
Oct 29, 2015 14:10 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9725 levels, after failing to advance further above yesterdays high at 0.9954. The pair currently is approaching to support level at 0.9880, the pair is expected to rebound around...
FxWirePro: USD/CAD key support at 1.3148, buy deals are recommended above 1.3150
Oct 29, 2015 13:28 pm UTC| Technicals
USD/CAD has declined to trade around 1.3190 levels, after failing to consolidate above 1.3220 levels, after a brief bullish surge on hawkish FOMC meeting yesterday. The pair may extend its weakness up to 1.3150 levels and...

Oct 29, 2015 13:18 pm UTC| Insights & Views Technicals
Although the daily chart suggests some bullish momentum that would result in some price recoveries but we maintain our target at 2.1185 and even up to 2.0343 levels towards south for intermediate trend. We spotted out...
FxWirePro: GBP/USD key resistance level at 1.5305, bearish in the short term
Oct 29, 2015 12:59 pm UTC| Technicals
GBP/USD recovered some ground today in the early European session after shedding more than 100pips on hawkish FOMC meeting yesterday. The cable is currently trading with oversold condition and a short squeeze towards...