
FxWirePro: USD/CHF faces strong support at 0.9680, good to buy at dips
Sep 07, 2015 10:26 am UTC| Technicals
USD/CHF has retreated till 0.97074 after making a high of 0.9770 . Overall trend is still bullish as long as support 0.9680 holds. Any break below 0.9680 will drag the pair further down till 0.9640/0.9595. On...
FxWirePro: Use AUD/NZD upswings to reduce hedging cost – backspreads are better over strips
Sep 07, 2015 09:51 am UTC| Technicals
If you missed on put ratio spreads when recommended our 1st call on this pair on 2nd September. It would never knock our doors often and often. Consider this as 2nd chance for speculating opportunity and 2nd chance for...

CAD/JPY trades below short term support 90, decline till 88.75 is possible
Sep 07, 2015 09:21 am UTC| Technicals
CAD/JPY breaks short term trend line support 90.25 (trend line joining 89.94 and 90.09) and declined till 89.44. Overall trend is weak as long as resistance 91 holds. On the higher side major resistance is around...

FxWirePro: GBP/AUD takes trendline support - option straps back on business on hedging grounds
Sep 07, 2015 08:22 am UTC| Technicals
Technical Glance: As you can see from the daily technical charts, the price fluctuation is in line with channel line and we foresee bounces until 2.2085 levels. It is a clear rounding bottom considering previous...
FxWirePro: GBP/USD above 1.52 handle, good to buy dips
Sep 07, 2015 08:04 am UTC| Technicals
Profit-taking on shorts leads GBP higher in European session, GBP/USD retakes the 1.52 handle. The pair bounced-off lows reached at 1.5172 during late Asian session and is seen posting moderate gains Sterling...

FxWirePro: EUR/USD faces strong support around 1.108, good to sell on rallies
Sep 07, 2015 07:55 am UTC| Technicals
EURUSD has made a low of 1.1090 and recovered till 1.1174. It is currently trading at 1.11360. The pairs intraday resistance is around 1.1178 and break above will take the pair to next target at 1.1235/1.1270 in...

FxWirePro: NZD/JPY bearish sentiments mounting - PRBS to hedge long term trend
Sep 07, 2015 07:38 am UTC| Technicals
The put ratio spread strategy has been showing the effects of steep slumps until 72.402 levels, having said that long term dips are most likely, this is not the repetition but the reiteration of trend, RSI on monthly...