
BTC/USD breaks major support $200, decline till $165 is possible
Aug 26, 2015 08:00 am UTC| Technicals Digital Currency
BTC/USD has broken major support $211 and declined till $192 from that level. Short term trend is bearish as long as resistance $220 holds. The minor resistance is around $220 and break above will take the pair to...

FxWirePro: EUR/USD vega spreads job done – option strips well placed as hedging material
Aug 26, 2015 07:42 am UTC| Technicals
Euro has been gaining on the back of all adverse news to dollar, that was the time when we advised vega spreads to tackle upside risks. Now our vega spread strategy has been taking care of current upswings. Rationale:...

FxWirePro: AUD/JPY short put ladder hedges short term bull run and resumption of bear trend
Aug 26, 2015 07:01 am UTC| Technicals
On daily charts, AUDJPY is moving as if moving averages are negatively correlated which could bring in the prices towards north in short term. While RSI and stochastic oscillators are puzzling this uptrend rallies. We...

FxWirePro: USD/CHF faces strong resistance around 0.9500, good to sell on rallies
Aug 26, 2015 06:46 am UTC| Technicals
USD/CHF has recovered till 0.95048 after making a low of 0.92569. Overall trend is till weak as long as resistance 0.9510 holds. The pair jumped till 0.94533 today morning and is currently trading at 0.9437...

GBP/CAD breaks short term support, targets 2.0670
Aug 26, 2015 06:12 am UTC| Technicals
GBP/CAD has formed temporary top around 2.0970 and declined till 0. it has recovered till 2.0958 and started to decline from that level. In Asian session the pair has broken short term trend line support 2.088 (trend line...
FxWirePro: Sell GBP/JPY on rallies 188.80-90 with SL around 190 for the TP of 186.60/185.90
Aug 26, 2015 05:48 am UTC| Technicals
GBP/JPY has recovered till 189.90 yesterday after making a low of 183.20. Overall trend is weak as long as resistance 190 holds. On the downside minor support is around 187.60 and any break below will drag the pair...
FxWirePro: AUD/NZD edges lower, upbeat NZ trade data boosts kiwi
Aug 26, 2015 05:36 am UTC| Technicals
Another choppy trading session for the antipodeans, with sentiment remaining brittle amid concerns over Chinas economy NZ trade data beat forecasts (Tuesday), posted a smaller-than-expected monthly trade deficit in July,...