FxWirePro: Sell USDJPY on rallies around 119.65-70 with SL around 120.20 for the TP of 119/118.55
Sep 04, 2015 03:26 am UTC| Technicals
USD/JPY has broken major trend line support around 119.60 (trend line joining 118.43 and 119.21) and break below confirms short term weakness , decline till 119.20/118.45 in short term. On the higher side minor...
FxWirePro: USD/JPY approaching resistance level at 120.38, buy deal are recommended around 119.80
Sep 03, 2015 15:08 pm UTC| Technicals
USD/JPY is approaching to test resistance level at 124.38. The support level at 119.65 is very strong for the bears to breaks, and is set to hold the bears from falling further below pair is set to continue its bullish...
FxWirePro: USD/CAD key support at 1.3138, buy deals are recommended above 1.3140
Sep 03, 2015 14:40 pm UTC| Technicals
USD/CAD has bounced off, after hitting support level at 1.3138 and is approaching to test resistance level at 1.3175. The support level at 1.30140 is set to hold the bears and push the pair upwards, as the US dollar has...
FxWirePro: GBP/AUD CRBS for risk averse as hedging material
Sep 03, 2015 12:23 pm UTC| Technicals
Hedge Perspectives: Call backspreads Buy 1M (2%) 2 lots of out of the money 0.35 delta calls, on expiry that would discount everything high impact news scheduled in September month while shorting 15D (-1.85%) in the...
FxWirePro: EUR/GBP faces strong support at 0.7300, good to buy at dips
Sep 03, 2015 12:20 pm UTC| Technicals
RES 4 : 0.7480 RES 3: 0.7420 (Aug 24th high) RES 2: 0.7380 RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7348@ 12:20 GMT SUP 1: 0.7336 (20 day 4 HMA) SUP 1: 0.7291( 55 day 4 HEMA) SUP...

FxWirePro: EUR/USD option strips to hedge further slumps - Greeks to manage strategy
Sep 03, 2015 12:10 pm UTC| Technicals
Execution: The spot EURUSD is flashing at 1.1230 and we think the prices will make a significant move most likely in a downward direction. At the money 2M 0.51 delta calls (strike 1.1230) are trading at US$ 2175.48 and it...

EUR/AUD faces strong resistance around 1.6130, break above targets 1.6280
Sep 03, 2015 12:09 pm UTC| Technicals
EUR/AUD has made a high of 1.6129 and slightly retreated till 1.5886 from that level. It is currently trading at 1.6014 level. Overall trend is still bullish as long as support 1.5840 holds. Any break below 1.5840...