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FxWirePro: EUR/USD rejected at 1.1214, eases below 200 DMA

Sep 28, 2015 07:56 am UTC| Technicals

EUR/USD was earlier rejected at days high by 1.1214, slips below 200 DMA at 1.1185. Major European indices opened in the red, further weighing on the pair The pair failed to sustain recent breaks under 55 DMA (...

FxWirePro: Now option holders’ turn after writers to derive certain profits on EUR/AUD PRBS

Sep 28, 2015 07:44 am UTC| Technicals

Well, well well..!!! Its minting profits for those who executed our strategy (put backspreads) in the recent past, a miracle for rest all set of EURAUD trading community. Before proceeding further we would like you to...

FxWirePro: BTC/USD takes support near trend line around $220, good to buy at dips

Sep 28, 2015 07:26 am UTC| Technicals

BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds. The major resistance is...

FxWirePro: Convert EUR/JPY debit put spreads into backspreads as delta risk reversal signals bearish trend

Sep 28, 2015 07:05 am UTC| Technicals

It is understood that bearish momentum is bolstering as we saw that from delta risk reversal table and technical indications. Hence, aggressive bears can initiate one more ATM put in order to make their existing bear put...

FxWirePro: GBP/AUD consolidates in narrow range, good to buy at dips

Sep 28, 2015 06:50 am UTC| Technicals

GBP/AUD is trading in narrow range around 2.200 and 2.155 for the past two trading session. It is currently trading at 2. pairs minor resistance is around 2.200 and any break above would extend gains till...

FxWirePro: Sell GBP/JPY on rallies around 182.75-80 with SL around 183.50 for the TP of 181.65/181

Sep 28, 2015 06:02 am UTC| Technicals

GBP/JPY has broken minor support 182.75 which confirms intraday weakness, a decline till 181.70 cannot be ruled out. Intraday bullishness can be seen only above 183.50 and break above 183.20 will take the pair to...

FxWirePro: EURUSD struggles to hold above 1.1200, good to sell on rallies

Sep 28, 2015 05:35 am UTC| Technicals

EUR/USD has made a high of 1.12144 on Friday and retreated from that level. Overall trend is still weak as long as resistance 1.1240 holds. Any break above 1.1240 would extend gains till 1.1280/1.1300 in short...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

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