FxWirePro:EUR /USD rebounds towards 1.0980 levels, outlook bearish
Jan 15, 2016 14:21 pm UTC| Technicals
EUR /USD rebounded strongly against US dollar by hitting high at 1.0983 levels, after US retail sales printed slightly negative figures. However, after Feds Dudley comments the pair erased some gains. At the moment the...
FxWirePro: USD/CHF runs out of steam but maintains upward bias
Jan 15, 2016 13:27 pm UTC| Technicals
The USD/CHF pair rallied initially to test minor resistance level at 1.0052 in the mid-European session. However, after failing to break resistance level at 1.0052, the pair has slipped back to test 1.0015 support...
Jan 15, 2016 07:52 am UTC| Technicals
The gradual increase in negative delta risk reversal numbers signify how the FX downside risk management taking place as OTM puts make OTC markets sentiments intensified even though these instruments seem to be expensive...
Jan 15, 2016 07:24 am UTC| Technicals
Although, both on daily and weekly price patterns of the pair tested supports at channel base line at around 127.020 to form a bottom but on again weakness is seen in this pair when it has rejected resistance at 128.619...
Jan 15, 2016 06:19 am UTC| Technicals
Technically, we have come across with enough bearish swings to steep downwards along with upper trend line of the falling wedge formation while plotting both weekly chart with mammoth volumes show the tendency to confer...
GBP/USD almost flat after BOE’s unchanged monetary policy
Jan 15, 2016 05:40 am UTC| Technicals Central Banks
Pair is just supported above $1.4400 mark and currently trading at $1.4408 levels. Dropping below the $1.44 mark confirmed the bearish bias, with a further decline possible toward $1.42 in the near term. In the...
Gold hovering around $1080 mark, minor upside correction expected
Jan 15, 2016 03:47 am UTC| Technicals
During Thursdays trading session, European stocks partially recovered and the dollar erased most of its losses, which led to a slide in the gold price. Futures for gold slumped 1.31% to trade at an intraday low of...
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