
Sep 28, 2015 07:05 am UTC| Technicals
It is understood that bearish momentum is bolstering as we saw that from delta risk reversal table and technical indications. Hence, aggressive bears can initiate one more ATM put in order to make their existing bear put...

FxWirePro: GBP/AUD consolidates in narrow range, good to buy at dips
Sep 28, 2015 06:50 am UTC| Technicals
GBP/AUD is trading in narrow range around 2.200 and 2.155 for the past two trading session. It is currently trading at 2. pairs minor resistance is around 2.200 and any break above would extend gains till...
FxWirePro: Sell GBP/JPY on rallies around 182.75-80 with SL around 183.50 for the TP of 181.65/181
Sep 28, 2015 06:02 am UTC| Technicals
GBP/JPY has broken minor support 182.75 which confirms intraday weakness, a decline till 181.70 cannot be ruled out. Intraday bullishness can be seen only above 183.50 and break above 183.20 will take the pair to...

FxWirePro: EURUSD struggles to hold above 1.1200, good to sell on rallies
Sep 28, 2015 05:35 am UTC| Technicals
EUR/USD has made a high of 1.12144 on Friday and retreated from that level. Overall trend is still weak as long as resistance 1.1240 holds. Any break above 1.1240 would extend gains till 1.1280/1.1300 in short...
FxWirePro: AUD/USD struggles to gain traction, good to sell rallies
Sep 28, 2015 05:31 am UTC| Technicals
The Australian dollar edged lower to $0.7008, little changed from late Friday in New York, after dropping 2.4 percent last week Diverging rate outlook between US and Australia, weighing on AUD/USD, markets give a...
FxWirePro: Commodity currencies recover some ground, NZD/USD hits session highs at 0.6402
Sep 28, 2015 04:49 am UTC| Technicals
The Antipodeans struggled for traction on Monday after the Federal Reserve revived expectations of a rate hike by year-end The dollar rose to its highest in over a month last Friday, but has since been consolidating,...
FxWirePro: Sell GBP/USD on rallies around 1.5203-205 with SL of 1.5251 for the TP of 1.5135/1.5051
Sep 28, 2015 03:22 am UTC| Technicals
Cable has broken major support 1.5200 and declined till 1.5135 on Friday. It is currently trading at 1.5203. Short term trend is still weak as long as resistance 1.5250 holds. Any break above 1.5250 will take the pair to...