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FxWirePro: Doji on channel line breach signifies EUR/AUD potential slumps – OTM shorts on job, yields of longs on table

Sep 23, 2015 10:25 am UTC| Technicals

EURAUD breaks channel line support at around 1.5695 levels and maintaining that levels to move towards southwards, while weekly leading oscillators also signal bearish calls as they are converging downwards to the dropping...

EUR/USD faces intraday resistance around 1.1157, break above targets 1.1240

Sep 23, 2015 10:14 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...

FxWirePro: BTC/USD forms triple bottom around $220, jump till $250 is possible

Sep 23, 2015 09:12 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: CAD/JPY weakness remains intact - execute iron butterfly on lower IV

Sep 23, 2015 08:48 am UTC| Technicals

Technical purview: Considering the intermediate trend of this pair, lot of bearish candles have been piling up such as shooting stars and hanging man with gap down formation. Weekly RSI has still been converging with...

FxWirePro: AUD/CAD put backspreads not only a bearish weapon but a volatility measure

Sep 23, 2015 08:10 am UTC| Technicals

Currency Option Strategy: How does AUD/CAD put backspread serve volatility objective With IV of ATM contracts of this month expiry being marginally inching higher (at around 10.40%), so, add longs on 2 lots of...

FxWirePro: AUD/CAD lower IV likely to form either long legged doji or spinning top - bearish sentiments intensify

Sep 23, 2015 08:08 am UTC| Technicals

If AUDCAD monthly chart is plotted, we arrive with a long legged doji at current levels of 0.9339 with days spare in this month. With IV of ATM contracts of this month expiry being marginally inching higher (at around...

FxWirePro: Buy USD/CHF at dips around 0.9763-66 with SL around 0.9725 for the TP of 0.9825/0.9860

Sep 23, 2015 07:29 am UTC| Technicals

USD/CHF has broken minor resistance 0.9765 and this confirms intraday bullishness, a jump till 0.9825 cannot be ruled out. On the downside intraday weakness can be seen only below 0. break below 0.9725 targets...

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