FxWirePro: AUD/USD bounces off lows, but more downside expected
Apr 01, 2016 14:32 pm UTC| Technicals
AUD/USD declined to trade in lower range on Friday as strong US Non-farm payrolls data strengthened the green back against its Australian peer. Adding to the Aussie decline was also due to further fall in Crude oil...
FxWirePro:CAD/JPY faces strong resistance around 87.80, good to sell on rallies
Apr 01, 2016 12:22 pm UTC| Technicals
Major resistance 87.80 (61.8% retracement of 93.25 and 78.94) Major support - 85 The pair has retreated after making a high of 87.45 .It is currently trading around 86.05. Short term trend is bearish as...
Apr 01, 2016 11:02 am UTC| Technicals
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 weak as long as resistance 1.14375...
Cable breaks major support 1.4320, targets 1.4195
Apr 01, 2016 09:30 am UTC| Technicals
Major support 1.4320 Major intraday resistance -1.4370 Cable has started to retreat after making a high of 1.44266 yesterday. It is currently trading around 1.4317. The pair has made a low of 1.43259...
FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Apr 01, 2016 09:21 am UTC| Technicals
Major resistance - $428 (trend line joining $502.48 and $465) BTC/USD has slightly recovered till $416 after making a low of $407.It is currently trading around $414.56. Short term trend is slightly weak as long...
FxWirePro: AUD/NZD ATM IVs likely to favour option writers in calendar backspreads for hedging
Apr 01, 2016 09:12 am UTC| Technicals
ATM IVs of 1W expiries are at 9.13%, and 9.74% for 1M tenor. Technically, we are seeing stiff resistances at 1.1121 and 1.1290 levels. You evaluate the IVs of 1W expiries with different ITM strikes and their...
Apr 01, 2016 08:46 am UTC| Technicals
On daily chart, although we see some bounces today in AUD/NZD, it has lost buying momentum ever since it hasnt been able to hold and sustain the resistance at 1.1290 levels. You can probably make out the current prices...
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