
GBPUSD faces strong support at 1.5200, break below targets 1.500
Sep 25, 2015 09:34 am UTC| Technicals
Cable is trading between 1.5288 and 1.5200 for the past two trading session. Intraday trend is weak as long as resistance 1.5260 holds. The pairs major support is around 1.5200 and any intraday weakness can be seen...

FxWirePro: Deflation bothers BoJ’s Kuroda and Yen in turn – stay firm on USD/JPY put ladder
Sep 25, 2015 09:34 am UTC| Technicals
If inflation does not pick up again the BoJ will sooner or later (probably later) have to take further measures thus putting pressure on the yen. has been so hopeful since 2014 when core inflation reached close to 1.5%, he...
FxWirePro: EUR/GBP weakness extends into European session, eyes 20 DMA support at 0.7310
Sep 25, 2015 07:56 am UTC| Technicals
EUR/GBP has retraced almost all of yesterdays gains from 0.7411, and is currently eyeing minor support by 20DMA at 0.7310 Euro remains heavily offered versus the greenback in a data-quiet European session, while the...
FxWirePro: Buy USD/CHF around 0.9820-22 with SL around 0.9775 for the TP of 0.9860/0.9900
Sep 25, 2015 07:56 am UTC| Technicals
USD/CHF breaks major resistance 0.9820 which confirms short term bullishness , a jump till 0.9900 cannot be ruled out. On the downside minor support is around 0.9775 and intraday weakness can be seen only below that...

FxWirePro: BTC/USD takes support near trend line around $220, good to buy at dips
Sep 25, 2015 07:55 am UTC| Technicals Digital Currency
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds. The major resistance is...

FxWirePro: GBP/AUD lingering around trendline – uptrend to persist
Sep 25, 2015 07:38 am UTC| Technicals
One can easily make out from the daily technical charts of GBPAUD, the price fluctuation has been lingering with the below channel line where it has been consistently finding supports and bouncing towards north, thus far...

FxWirePro: Square-off synthetic put on NZD/USD as downtrend to resume
Sep 25, 2015 06:52 am UTC| Technicals
In order to participate in continuous downtrend, at the money call that replicated synthetic put was deployed on 22nd. The ATM protective call at that juncture served as a hedging strategy whereby the trader, who has an...