FxWirePro: EUR/USD key resistance at 1.1411, bearish in the short term
Oct 13, 2015 14:27 pm UTC| Technicals
EUR /USD pair inched higher against US dollar by hitting daily highs at 1.1411 during mid-European hours, after buyers stepped for a brief period of time. However, the pair slipped back towards 1.1370 levels after breaking...
FxWirePro: USD/RUB debit call spreads for swing traders despite ruble’s undervaluation
Oct 13, 2015 14:06 pm UTC| Technicals
Why call spread: An investor with a bullish mindset often deploys this strategy and wants to capitalize on a modest advance in price of the USDRUB. If the investors opinion is very bullish on this pair, it will generally...
FxWirePro: USD/JPY key support at 119.54, buy deals are recommended above 119.60
Oct 13, 2015 13:51 pm UTC| Technicals
USD/JPY pair has made a short pullback to hit daily lows at 120.05 during early US session, after sellers stepped in. However, the decline should be limited around 119.80 as the support level at 119.55 levels is set to...

FxWirePro: Crude oil driving EUR/NOK’s trend
Oct 13, 2015 13:40 pm UTC| Technicals
While oil prices will dictate the short term moves in NOK, the longer term NOK outlook will depend on the lasting effects of lower oil prices to domestic drivers. The depreciation in NOK in H2 2014 has underpinned...
FxWirePro: USD/CAD key resistance at 1.3080, sell deals are recommended below 1.3070
Oct 13, 2015 13:19 pm UTC| Technicals
USD/CAD rebounded back above 1.3030 levels yesterday, after failing to break support level at 1.2900. Currently the pair has rebounded from support level at 1.3034, and is moving to test resistance level 1.3066.The...

FxWirePro: Buy EUR/USD risk reversal in long term
Oct 13, 2015 13:11 pm UTC| Technicals
With spot FX flashes of EURUSD at 1.1379 we see delta risk reversal for 1 week contracts have shown slight recovery signals but long term (1M-1Y) put contracts are on higher demand. As you can make out from the nutshell...

Oct 13, 2015 12:40 pm UTC| Technicals
Harmonic Pattern formed - Bearish BAT pattern Potential Reversal Zone (PRZ) -1.3087 Any break above 1.3087 will take the pair to next target 1.3135/1.3180. On the downside minor support is around 1.3025 and...