
FxWirePro: USD/CHF faces strong resistance at 0.9835, good to buy at dips
Sep 09, 2015 10:04 am UTC| Technicals
USD/CHF has retreated till 0.9775 at the time of writing after making a high of 0.98237. Overall trend is still bullish as long as channel support 0.9720 holds. Any break below 0.9720 will drag the pair further down till...

Sep 09, 2015 08:54 am UTC| Technicals
U.K. has released its manufacturing production data which is quite disappointing at -0.8% while forecasts were at positive 0.2% dampening optimism over the countrys economic outlook.In addition to that U.Ks trade deficit...

FxWirePro: GBP/AUD lingering trendline – credit put spread for swing trading
Sep 09, 2015 08:26 am UTC| Technicals
Currently GBPAUD is holding trendline at 2.1836 on weekly graph, although RSI has reached overbought region but signals indecision about direction and there was no substantiation by other indicators also. We believe GBPAUD...
FxWirePro: Rand extends gains, fading likelihood of a Fed hike next week boosted emerging markets
Sep 09, 2015 07:49 am UTC| Technicals
South Africas rand clawed back more ground against the dollar on Wednesday, pushing USD/ZAR lower Fading likelihood of a U.S. interest rate hike next week boosted emerging markets, supporting ZAR The rand is currently...

FxWirePro: NZD/JPY short put ladder hedges short term bull run and intermediate bear trend
Sep 09, 2015 07:44 am UTC| Technicals
On daily charts moving averages are signifying some price stability which could propel the prices towards north in short term. While weekly and monthly leading oscillators (RSI and stochastic) are puzzling this uptrend...

BTC/USD faces strong resistance around $245, break above targets $271
Sep 09, 2015 07:33 am UTC| Technicals
BTC/USD has recovered till $244 after making a low of $198 and is currently trading at $240. Short term trend is bullish as long as support $230 holds. The major resistance is around $245 and break above will take...

FxWirePro: GBP/AUD retreats after making a high of 2.210, good to buy at dips
Sep 09, 2015 07:30 am UTC| Technicals
GBP/AUD has made a high of jumped till 2.210. It is currently trading at 2.2065. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs minor support is around...