DAX30 breaks major support 9850, targets 9490
Apr 01, 2016 07:35 am UTC| Technicals
Major support 9850 (trend line joining 9757 and 9807) Major resistance -10100 The index has broken major support 9850 and declined till 9807 at the time of writing. It is currently trading around...
FxWirePro: South African rand strengthens against US dollar, good to sell on rallies
Apr 01, 2016 07:34 am UTC| Technicals
USD/ZAR is currently trading around 14.7205. It made intraday high at 14.7899 and low at 14.6240 levels. South Africas rand breaks through 15.0000 marks for first time since late December and remains supported...
FxWirePro: Chinese Yuan falls despite better than expected manufacturing PMI data
Apr 01, 2016 07:17 am UTC| Technicals
USDCNY is currently trading around 6.4634 levels. It made intraday high at 6.4649 and low at 6.4538 levels. The Chinese Manufacturing Purchasing Managers Index rose from 49.0 in February to nine-month high of...
FxWirePro: FTSE100 struggles to close above 6200, good to sell on rallies
Apr 01, 2016 07:04 am UTC| Technicals
Major resistance 6245(200 day MA) Major support - 6080 The index has retreated after making a high of 6198 yesterday. It is currently trading around 6128. Major resistance is around 6245 (200 day MA) and...
EUR/USD faces strong resistance around 1.14375, market awaits NFP data for further direction
Apr 01, 2016 07:03 am UTC| Technicals
Candlestick Pattern- Shooting Star Major resistance -1.4375 The pair has made a high of 1.4117 and slightly retreated from that level. It is currently trading around 1.13802. Short term trend is slightly...
FxWirePro: NZD/USD struggles at 0.69 handle, slips from day's highs at 0.6937
Apr 01, 2016 06:55 am UTC| Technicals
NZD/USD pair is extending its struggle with 0.69 handle into early European trades. Upbeat China PMI reports failed to provide a lift to the sentiment around the bird. NZD/USD was rejected at days high by 0.6937,...
Apr 01, 2016 06:49 am UTC| Technicals
As shown in the diagram The ATM IVs of AUDJPY of 1W expiry is at around 13.39%. While, sensitivity tool signals more positive change in premiums in OTM strikes scenarios. And the same also shows high probability...
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