
Sep 23, 2015 11:58 am UTC| Technicals
EUR/USD has made a low of 1.1107 and slightly recovered from that level. It is currently trading at 1.1222. The pairs major intraday resistance is around 1.11570 and any further bullishness can be seen only above that...
FxWirePro: USD/CAD edges lower, but holds above the 1.32 handle
Sep 23, 2015 11:51 am UTC| Technicals
Loonie received some respite from the oil price recovery backed by the latest API stockpiles report, which showed a bigger-than expected drop in the crude reserves API said U.S. crude stockpiles fell 3.7 million barrels...
FxWirePro: EUR/GBP recovers after making a low of 0.7196, good to buy at dips
Sep 23, 2015 11:49 am UTC| Technicals
RES 4: 0.7420 RES 3: 0.7395 ( Sep 1st high) RES 2: 0.7350 (61.8% retracement of 0.7420 and 0.7250) RES 1: 0.7320( Cloud top) PRICE: 0.7297 @ 11:48 GMT SUP 1: 0.7240 (Aug 30th Low) ...
FxWirePro: USD/JPY consolidates in narrow range, good to buy at dips
Sep 23, 2015 11:36 am UTC| Technicals
RES 4: 121.72 (28TH AUG HIGH) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1: 120.20 (55 day 4H EMA) PRICE: 120.23 @11:35 GMT SUP 1: 119.50 (38.2% retracement of...

FxWirePro: EUR/CAD struggles to close above 1.4800, good to sell on rallies
Sep 23, 2015 11:16 am UTC| Technicals
EUR/CAD breaks short term trend line resistance 1.4800 (trend line joining 1.45955 and 1.4658) and declined till 1.4725. It is currently trading at 1.4795. On the higher side minor resistance is around 1.4850 and any...

FxWirePro: GBP/USD condor spreads for hedging
Sep 23, 2015 10:56 am UTC| Technicals
Since the cables implied volatility is still perceived to be comparatively minimal within next one month time frame from other major G7 pairs (at around 7-8%), so here comes a multiple leg of option strategy for regular...

FxWirePro: NZD/USD takes support at 0.6255, good to buy dips
Sep 23, 2015 10:36 am UTC| Technicals
Kiwi was heavily offered versus its American counterpart in the European morning, as markets continued to digest the latest disappointing Chinese manufacturing PMI data. NZD/USD tested lows near 0.6255 levels, has...