
USD/NOK trades higher on weaker oil price, jump till 8.62 is possible
Oct 28, 2015 12:19 pm UTC| Technicals
Norways Krone fell to one month low against Dollar on account weaker crude oil prices/NOK has made a high of 8.524 and is currently trading at 8.50. The Korne has been more correlated with crude during past twelve months...

Oct 28, 2015 11:35 am UTC| Technicals
CAD/JPY has broken trend line support around 90.90 (trend line joining 91.47 and 91.11) and this confirms short term weakness , a decline till 89.71 is possible . On the downside minor support is around 90.50 and any...
FxWirePro: USD/JPY struggles to close above 121, good to sell on rallies
Oct 28, 2015 11:34 am UTC| Technicals
RES 4: 122 RES 3: 121.75 (28th Aug 2015) RES 2:121.30 ( SEP 10TH HIGH) RES 1: 120.77 (20 day HMA) PRICE: 120.37 @11:33 GMT SUP 1: 120.16 (38.2 % retracement of 118.05 and 121.50) SUP 2 : 119.60 SUP 3:...
FxWirePro: NZD/USD consolidates around 20-DMA after slump in Asian session, focus on RBNZ
Oct 28, 2015 11:27 am UTC| Technicals
NZD/USD consolidates around 20-DMA after a massive slump witnessed in the Asian session. Cautious trades ahead of the Fed outcome weighs on the demand for higher yielding currencies The downside in the Kiwi remains...

FxWirePro: EUR/USD struggles to break below 1.1025, good to buy at dips
Oct 28, 2015 11:17 am UTC| Technicals
EUR/USD has formed intraday bottom around 1.0250 and started to jump from that level. EUR/USD is facing strong minor resistance around 1.1060 and any break above will take the pair to next level to...

Loonie faces major trend line support around 1.3225, break below targets 1.3120
Oct 28, 2015 09:56 am UTC| Technicals
USD/CAD has made a temporary top around 1.3278 and slightly retreated from that level. It is currently trading at 1.3229. The pair is facing minor trend line support around 1.3225 (trend line joining 1.30396 and...

FxWirePro: Delta gamma hedge of GBP/USD ATM Calls
Oct 28, 2015 09:47 am UTC| Technicals
Lets contemplate the delta-hedged at the money call option, as shown in the figure, this GBPUSD call option has almost 50% delta (being at-the-money call), so we need to sell half as many lots of the underlying as we own...