FxWirePro: AUD/USD key resistance at 0.7250, bearish in the short term
Aug 28, 2015 13:54 pm UTC| Technicals
AUD/USD is rebounding to higher levels after hitting minor resistance at 0.7118, currently the pair is approaching to resistance level at 0.7156 fib 50%. The resistance level at 0.7183 is set to hold the bulls from...

Aug 28, 2015 13:53 pm UTC| Technicals
Currently the pair has been able to test trendline support at 1.3288 levels; if we have to compare the same with monthly plotting then we arrive with 3 black crows in a row which signals short term correction which has...
FxWirePro: GBP/USD key resistance at 1.5428, bearish in the short term
Aug 28, 2015 12:37 pm UTC| Technicals
The cable has failed to show any bullish pull back after UK GDP data was released today in the European session, as the support level at 1.5390 is broken, the pair is all set to move in quick succession towards 1.5361...
FxWirePro: USD/CAD holds above 1.3200, bias remains higher
Aug 28, 2015 12:19 pm UTC| Technicals
Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria USD/CAD opened Noram marts...
FxWirePro: EUR/USD key resistance at 1.1288, sell deals are recommended around 1.1315
Aug 28, 2015 12:06 pm UTC| Technicals
The Euro has failed to consolidate above 38.2 fib levels at 1.1282, and has slipped sharply towards 1.1260 levels. The pair has started to continue its bearish momentum and is all set to test strong support at 1.1184, a...
FxWirePro: EUR/USD fails to sustain gains, dips below 1.13 handle
Aug 28, 2015 11:42 am UTC| Technicals
EUR/USD pair failed to sustain hefty gains and trimmed a part of it, dragging the pair back below 1.13 handle EUR/USD is currently trading at 1.1266, with immediate resistance at at 1.1310 (Todays High), above which gains...

FxWirePro: Delta risk reversal indicates EUR/USD option strips for long term hedging
Aug 28, 2015 09:51 am UTC| Technicals
Execution: The spot EURUSD is flashing at 1.1273 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 1.1273) are trading at US$ 2163.41 and it...