
Aug 17, 2015 11:26 am UTC| Technicals
There is no significant news from UK side except CPI and retail sales that could propel GBP for this week and near future GBPUSD may likely to experience low volatility. You can make out from the nutshell; GBPUSD is to...

FxWirePro: USD/RUB hits six month high on weak oil prices, good to buy at dips
Aug 17, 2015 11:07 am UTC| Technicals
RUB/USD has reached six month low today on account of weaker oil prices and upsurge in fighting in east Ukraine. Oil prices fell to six year low due to weaker than expected Japanese GDP data and increase in global...
Aug 17, 2015 10:31 am UTC| Technicals
On weekly charts, swings are moving in narrow range along with the oscillating indicators evidencing proportionate convergence with price fluctuations on either side. Slow stochastic approaching overbought zone but there...
AUD/USD bearish hedging intensifying – delta risk reversal indicates costlier puts
Aug 17, 2015 10:25 am UTC| Technicals
Bearish candles such as hanging man 0.7376 have been piling up despite the short-lived upswings to 0.7440, the OTC options market appeared to be more balanced on the direction for the pair over the 1M to 1y time horizon as...

FxWirePro: BTC/USD takes support near 200 day 4HMA, good to buy at dips
Aug 17, 2015 09:15 am UTC| Technicals
BTC/USD has made a low of $250 and slightly recovered from that level. It is currently trading at $256. Short term trend is bullish as long as support $247 holds. The major support is around $247 (200 day MA) and break...

FxWirePro: GBP/USD rejected at 1.5688 highs, good to short rallies
Aug 17, 2015 07:50 am UTC| Technicals
Sterling boosted from BoEs Forbes hawkish comments suggesting that a rate hike is needed well before inflation reaches the 2% target GBP/USD hits days high at 1.5688 into European open before edging lower, weakness...

EUR/USD struggles to break 1.1218, decline till 1.0925 is possible
Aug 17, 2015 07:49 am UTC| Technicals
EUR/USD is facing strong resistance around 1.2180 and not able to break that level. It has made a high of 1.2120 and started retreating from that level. The pairs major intraday support is around 1.10790 (Aug 13th...