FxWirePro: USD/CAD spikes to 1.3378, focus on U.S. data
Sep 28, 2015 12:12 pm UTC| Technicals
USD/CAD opened Noram markets 1.3350, 12 pips higher compared to Fridays close. The pair spikes to hit days highs at 1.3378 after trading relatively muted in the Asian session, holding within the 1.3315/1.3345...
FxWirePro: Glencore share losses influence cable drop to 1.5194
Sep 28, 2015 11:48 am UTC| Technicals
Glencore shares on track for worst ever one-day drop, down in heavy volumes after bearish Investec note Investec questioned equity value for shareholders if spot metal prices do not improve and said Glencores recent...
FxWirePro: USD/JPY faces strong resistance around 121.30, good to sell on rallies
Sep 28, 2015 11:42 am UTC| Technicals
RES 4: 121.72 (28TH AUG HIGH) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 121.06 (200 day 4 hma) RES 1: 120.51 (7 day 4 H EMA) PRICE: 120.11@11:28 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) ...

Silver forms bearish BAT pattern, decline till $14 is possible
Sep 28, 2015 11:28 am UTC| Technicals
Harmonic Pattern - Bearish BAT Pattern Potential reversal Zone (PRZ) - $15.50. The commodity has recovered till $15.41 after making a low of $14.24. Overall trend is till weak as long as resistance $15.50...

What does USD/CHF delta risk reversal significantly suggest?
Sep 28, 2015 11:20 am UTC| Technicals
From the above table showing delta risk reversal and ATM volatility, it is evident and understood that this instrument has been absolutely stagnant and it would remain the same way in future. USDCHF has a neutral delta...

FxWirePro: USD/CHF still non directional – Iron condor spread hedges as reducing IV in long run
Sep 28, 2015 11:17 am UTC| Technicals
On daily chart, this pair has been moving in a straight line direction, implied volatility of ATM contracts are also suggesting a very lackluster movement in the months to come. It has been gradually reducing to 10%, while...

FxWirePro: Gold forms bearish cypher pattern, good to sell on rallies
Sep 28, 2015 10:56 am UTC| Technicals
Harmonic pattern formed- Bearish Cypher pattern Potential Reversal Zone (PRZ)- $1160 Gold has recovered after making a low of $1121 on Tuesday. It is currently trading at $1136. Overall trend is weak as long...