
FxWirePro: GBP/USD option strips serving better - delta call yet to function
Sep 02, 2015 13:05 pm UTC| Technicals
Cable is currently trading at spot 1.5275, we suggested this strategy on 28th of last month and we are still eying upon strip straddle because speculating opportunities lingering as the pair has been oscillating on either...

Roller coaster ride in WTI – calls updated
Sep 02, 2015 12:19 pm UTC| Technicals
Todays weekly inventory report is turning out to be make or break event for WTI benchmark as it is testing key interim support at $43.3/barrel. WTI is currently trading around $43.5/barrel area. For the past five days,...

FxWirePro: USD/TRY debit call spread on minor corrections of healthy uptrend
Sep 02, 2015 12:15 pm UTC| Technicals
With swing trading mindset, we are recommending to buy 1M 1% in the money 0.68 delta calls and simultaneously short 7D 1.5% out of the money call, the combined delta value should be around 0.45. Weve shown in the diagram...

Sep 02, 2015 12:13 pm UTC| Technicals
Technical briefing: Its been a healthy uptrend for this pair as there is timely correction every as and when required, you can make out this from daily charts. So for now, weekly charts signal that a correction is...
FxWirePro: EUR/USD key support at 1.1220, upside prevails in the short term
Sep 02, 2015 12:08 pm UTC| Technicals
The Euro has retreated from 1.1317 levels and is consolidating above 38.2 fib levels at 1.1223, the pair is set to break resistance level at 1.1287 levels and move towards 1.1340 levels in the short term, as the euro is...
FxWirePro: USD/CAD key support at 1.3206, buy deals are recommended above 1.3220
Sep 02, 2015 12:06 pm UTC| Technicals
USD/CAD after a brief surge in todays European session, USD/CAD has retreated back below 38.2 fib support level. The pair is set to consolidate above 1.3200 levels and reach higher levels in the short term. Therefore, its...
FxWirePro: Broad based USD strength and lower oil prices pushing USD/CAD higher
Sep 02, 2015 11:59 am UTC| Technicals
Oil prices fell on Wednesday as concerns about the global economy exacerbated worries that an oversupply of crude could last longer than expected. USD stronger across the board ahead of key US ADP employment report,...