FxWirePro: Hedge AUD/NZD downside risks with PRBS
Sep 02, 2015 09:03 am UTC| Technicals
Both weekly and monthly graphs suggest bearish signals, the spinning top on peaks with substantial volume confirmation, more importantly a long real body bearish candle occurred at 1.0924 with huge volumes. While %D...
FxWirePro: NZD/JPY put back spreads well placed to arrest steep slumps
Sep 02, 2015 09:00 am UTC| Technicals
The put ratio spread strategy has shown the effects of steep slumps until 72.402 levels, having said that long term dips are most likely, so with a mindset of swing trading short put ladder strategy was set up, so far its...

FxWirePro: AUD/JPY faces short term resistance around 85, good to sell on rallies
Sep 02, 2015 08:27 am UTC| Technicals
AUD/JPY has made a low of 83.63 yesterday and recovered till 84.71. Overall trend is weak as long as resistance 85 holds. Any break above 85 will take the pair to next target at 86.25/86.50. On the downside 84 is acting...
FxWirePro: USD/JPY struggles to extend gains, fall to 119.60 cannot be ruled out
Sep 02, 2015 07:57 am UTC| Technicals
USD/JPY back above 120.00 levels as safe haven bids on the JPY eased after re-emergence of risk-on environment Buck enjoyed heavy gains as traders preferred to hold the US currency ahead of the key US employment...

FxWirePro: USD/CHF faces strong resistance around 0.9690, good to sell on rallies
Sep 02, 2015 06:52 am UTC| Technicals
Harmonic pattern formed- Bearish gartley pattern Potential Reversal Zone (PRZ) -0.9665 USD/CHF has made a low of 0.9567 and recovered till 0.9640 from that level. Overall trend is weak as long as resistance 0.9665...

FxWirePro: Is it a break-away or run-away gap down for AUD/NZD - hedge with PRBS on higher IV
Sep 02, 2015 06:51 am UTC| Technicals
Technical glimpse: On AUDJPY daily chart, a gap down opening is occurred at 83.716 and leading RSI oscillator is stepping down below 30 levels, while %D crossover around 40 levels bolstering selling pressures. But this...

FxWirePro: EUR/USD slips below 1.1300 ahead of Europe open, could test trendline support at 1.1208
Sep 02, 2015 06:32 am UTC| Technicals
Greenback staged a solid comeback on the day as traders preferred to hold the US currency ahead of the key US employment report EUR/USD extends its corrective slide, slips below the 1.1300 handle heading into the...