
Risk trade review in light of Yen’s triangular consolidation
Sep 29, 2015 13:38 pm UTC| Insights & Views Technicals
Yen is known for its liquidity and safe haven status in financial world. Anyone who is a bit familiar with financial market knows, how suddenly and fast Yen could outpace almost all asset class in return in time of heavy...

Sep 29, 2015 13:35 pm UTC| Technicals
We dont foresee any sort of weakness in this pair as the uptrend seems quite healthy in our opinion with timely and right corrections every now and then. More importantly, there is no trace of bearish signals by any...
FxWirePro: USD/CHF key support at 0.9684, bullish in the short term
Sep 29, 2015 13:06 pm UTC| Technicals
>The USD/CHF declined sharply to test support level at 0.9684 yesterday. However, the pair after failing to break support level at 0.9684 has made a strong rebound towards 0.9740 levels. The pair is set to consolidate...
FxWirePro: USD/JPY faces strong support around 118.60, good to buy at dips
Sep 29, 2015 12:47 pm UTC| Technicals
RES 4:121.30 ( SEP 10TH HIGH) RES 3: 120.93 (200 day 4 hma) RES 2: 120.50 (61.8 % retracement of 121.30 and 119.25) RES 1: 120.20 (20 day 4 H EMA) PRICE: 119.94@12:45 GMT SUP 1: 119.50 (38.2%...
FxWirePro: EUR/GBP struggles to close above 0.7040, good to buy at dips
Sep 29, 2015 12:18 pm UTC| Technicals
RES 4: 0.7590 (Feb 3rd high) RES 3: 0.7506 ( 138.2 % retracement of 0.7420 and 0.7196) RES 2: 0.7480 (May 5th 2015) RES 1: 0.7420 PRICE: 0.7390 @ 12:17 GMT SUP 1: 0.7365 (20 day 4 HMA) ...
Sep 29, 2015 12:07 pm UTC| Technicals
USD/JPY has broken minor channel support 12005 and declined till 119.25. It is currently trading at 119.88. The pairs major trend line support is around 119.20 and any break below will target 118.60. On the higher side...

FXWirePro: Korea capitalizing trade surplus despite Chinese slowdown – 6M forwards for hedging
Sep 29, 2015 11:42 am UTC| Technicals
Although some currencies have weakened sharply due to global slowdown especially China, EM FX does not appear to have overshot. EM Asia FX will face the brunt of slowing Chinese growth and a weaker CNY. Korea and Taiwan...