FxWirePro: USD/CAD extends consolidation phase, overall bias higher
Sep 16, 2015 11:34 am UTC| Technicals
USD broadly offered as market drifts on position adjustment ahead of FOMC, while oil rose on after an unexpected drawdown in U.S. stockpiles USD/CAD trades in a tight range as market participants largely on sidelines...

FxWirePro: Gold consolidates in narrow range, good to sell on rallies
Sep 16, 2015 10:18 am UTC| Technicals
Gold has broken major support $1115 and declined till $1101. It is currently trading at $1107. Overall trend is still bullish as long as support $1120 holds. On the downside major support is around $1100 and break below...
FxWirePro: Buy GBP/JPY only above 185.65 with SL around 184.90 for the TP of 186.65/187.30
Sep 16, 2015 09:31 am UTC| Technicals
GBP/JPY major trend line resistance is around 185.65 and break above confirms short term bullishness, jump till 186.65/187.20 cannot be ruled out. It has formed temporary bottom around 184.20 and any weakness only below...

FxWirePro: USD/CHF faces trend line resistance around 0.9770, good to sell on rallies
Sep 16, 2015 09:04 am UTC| Technicals
USD/CHF recovered till 0.97633 after making a low of 0.96675. It is currently trading at 0.9732. The pair is facing strong trend line resistance around 0.9770 and any intraday jump can be seen only above that...
Sep 16, 2015 07:41 am UTC| Technicals
EUR/GBP extends gains for the second straight session on Wednesday, GBP dented by poor CPI data on Tuesday Gains in the day faltered ahead of channel top resistance at 0.7360, and the pair has edged lower to currently...

EUR/USD consolidates in narrow range, markets await FOMC meeting
Sep 16, 2015 07:05 am UTC| Technicals
EUR/USD trades in narrow range between 1.1370-1.12588 for the past three trading session. Any further break out can be seen only after US Fed meeting which is to be held on Sep 16th. On the downside EUR/USD is facing...

Sep 16, 2015 06:10 am UTC| Technicals
From the above table, we can observe that 1 week contact to perceive higher volatilities on the vege of tomorrows much awaited feds meet, delta risk reversal for this pair is also highest negative values among entire G7...