FxWirePro: Sell USD/CAD on rallies around 1.31620-650 with SL around 1.3190 for the TP of 1.3055
Aug 20, 2015 09:46 am UTC| Technicals
USD/CAD is facing strong trend line resistance around 1.3190 (trend line joining 1.3150 and 1.3176) and break above confirms further bullishness, a jump till 1.3210 cannot be ruled out . On the downside minor support is...
FxWirePro: Sell GBP/JPY around 193.50-55 with SL around 194.20 for the TP of 192.60/192
Aug 20, 2015 09:09 am UTC| Technicals
GBP/JPY has broken short term trend line support 193.60 which confirms short term bearishness, decline till 192.60/192 cannot be ruled out . Intraday resistance is around 194.20 and any break above targets...
FxWirePro: Sell GBP/JPY around 193.50-55 with SL around 194.20 for the TP of 192.60/192
Aug 20, 2015 09:09 am UTC| Technicals
GBP/JPY has broken short term trend line support 193.60 which confirms short term bearishness, decline till 192.60/192 cannot be ruled out . Intraday resistance is around 194.20 and any break above targets...

FxWirePro: Option straps on job to hedge EURAUD upside risks – hold on until expiry
Aug 20, 2015 08:03 am UTC| Technicals
Although daily prices remained well above 10 day moving average, this has not been the case with intraday charts. As we know moving average is a lagging indicator, price sentiments for now is little bullish and average...

BTC/USD trades below major support $248, decline till $200 is possible
Aug 20, 2015 07:55 am UTC| Digital Currency Technicals
BTC/USD has broken major support $248 (200 day MA) and declined till $220 It is currently trading at $232. Short term trend is bearish as long as resistance $247 holds. The major resistance is around $248 (200 day...

GBP/CHF breaks major trend line support at 1.5150, targets 1.4925
Aug 20, 2015 07:08 am UTC| Technicals
GBP/CHF has broken major trend line support 1.5150 and this confirms short term weakness, decline till 1.5000/1.4925 cannot be ruled out. Intraday bullishness can be seen only above 1.5230 and break above 1.5230 targets...

FXWirePro: AUD/NZD calendar strips to serve both hedging and speculation
Aug 20, 2015 07:06 am UTC| Technicals
On both hedging and speculation basis, strips at this stage would be best suitable. Hold 7D At-The-Money -0.50 delta put and hold one more lot of 15D At-The-Money -0.50 delta put options and simultaneously 15D...