FxWirePro: EUR/GBP struggles to close above 0.7200, good to sell on rallies
Oct 30, 2015 12:41 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: 0.7174 @ 12:41 GMT SUP 1: 0.7150 (61.8% retracement of 0.6950 and 0.7490) SUP...
FxWirePro: EUR/USD hovers above the 1.10 handle, good to buy dips
Oct 30, 2015 12:14 pm UTC| Technicals
EUR/USD trades above the 1.10 handle, with days range 1.1024/1.0965, the bear trend alive but short term bounce likely The single currency is almost unchanged on CPI data which showed consumer prices in the euro bloc have...
FxWirePro: USD/JPY faces strong resistance around 121.50, good to sell on rallies
Oct 30, 2015 12:06 pm UTC| Technicals
RES 4: 121.75 (28th Aug 2015 high) RES 3: 121.50 (30th Oct 2015 high) RES 2:120.85 (7 day h ema) RES 1: 120.50 (200 day HMA) PRICE: 120.48 @12:02 GMT SUP 1 120.16 (38.2 % retracement of 118.05 and...

FxWirePro: Deploy EUR/USD PRBS to hedge spot FX downside risks
Oct 30, 2015 11:39 am UTC| Insights & Views Technicals
The delta risk reversal for 1m contracts have shown bearish signals back again and long term (1M-1Y) put contracts are also on higher demand. While the pair is still to percieve the highest implied volatility for 1W at...

FxWirePro: Leading oscillators signal EUR/USD to extend slumps – all chances of retesting 1.08
Oct 30, 2015 11:14 am UTC| Insights & Views Technicals
The USD index has recouped half its post-payroll losses, though speaking about the dollar these days somewhat misses the point: idiosyncratic factors have driven cross-market correlations to such low levels that stability...

Oct 30, 2015 11:09 am UTC| Technicals
EUR/NZD has made a high of 1.6440 and retreated from that level. It is currently trading at 1.6283. Potential Reversal Zone (PRZ) -1.6385 (Trend line resistance joining 1.6915 and 1.6512) Any break above 1.6385...

FxWirePro: GBP/USD recovers after making a low of 1.5248, good to sell on rallies
Oct 30, 2015 10:29 am UTC| Technicals
Cable recovered from low of 1.52485 and is currently trading around 1.5336. Overall trend is still weak as long as resistance 1.5370 holds. On the higher side any break above 1.5370 will take the pair to next level...