FxWirePro: Cable looks weak ahead of UK data, good to sell rallies
Sep 09, 2015 06:47 am UTC| Technicals
GBP/USD seeing some weakness after solid gains in the previous two sessions which retraced almost half of last weeks drop. Persisting risk-on sentiment continues to boost appetite for the riskier assets such as the...

FxWirePro: NZD/USD one touch spreads to speculate HY vols but calendar spreads for hedging
Sep 09, 2015 06:28 am UTC| Technicals
The implied volatility for next month ATM contracts of NZDUSD pair is seen at 18.67%, which is comparatively higher in APAC currency baskets. Contemplating intraday bull sentiments, we recommend on pure speculation...
FxWirePro: CAD extends gains on broad commodities rally amid recovery in risk appetite, focus on BoC
Sep 09, 2015 06:16 am UTC| Technicals
Surge in global stocks amid a recovery in risk appetite driving rallies in commodity currencies such as the Canadian dollar The Canadian dollar extending gains against its U.S. counterpart on Wednesday amid a broad global...
FxWirePro: Buy AUD/JPY only above 85.13 with SL around 84.50 for the TP of 87.20
Sep 09, 2015 06:09 am UTC| Technicals
AUD/JPY recovers after making a low of 82.11 and has made a high of 85.125. it is currently trading at 85.02. Intraday weakness can be seen only below 84.50 and any break below targets 84/83.25 in short term. On the...

Loonie takes support near trend line, targets 1.3300
Sep 09, 2015 05:26 am UTC| Technicals
USD/CAD has declined till 1.3177 and started to recover from that level. Loonie is facing strong support around 1.3175 (trend line joining 1.3115 and 1.3135) and further weakness can be seen only below that level. Any...
FxWirePro: USD/JPY topside capped at 120.45 despite surge in Nikkei
Sep 09, 2015 05:20 am UTC| Technicals
The dollar gained against the safe-haven yen early on Wednesday, boosted by a surge in global stocks amid a recovery in risk appetite Japaneses PM Abe said govt eyeing corporate tax cut, markets now betting on more fiscal...
FxWirePro: AUD/USD remains supported above hourly 200-SMA on Lowe's comments
Sep 09, 2015 04:34 am UTC| Technicals
AUD/USD opened Wednesday 0.7018 traded 0.7015-71 in Asia; last 0.7050, largely unchanged after RBA Lowes comments Lowe said lower AUD helping Australias economy adjust, but non-mining business investment needed, didnt...