Jan 14, 2016 11:32 am UTC| Technicals Central Banks
Amid plotting both weekly and monthly charts we have encountered with enough bearish swings with mammoth volumes show the tendency to confer trend line. The Bank of England is on center of attention as monetary decision...
Jan 14, 2016 10:19 am UTC| Technicals
Dear readers, please be noted what has happened with our recent write up before we rush up into derivatives strategy, Please follow the below...
Jan 14, 2016 08:50 am UTC| Technicals
Dear readers, Nothing much to emphasize on this pair as the pair has never changed its price and volume behavior during its travel between the sloping channel as you can see from the daily charts. It is not a magic but...
FxWirePro: GBP/JPY backspreads on balance with gamma and vega on higher IVs in place for hedging
Jan 14, 2016 07:57 am UTC| Technicals
GBPJPY trend has been extremely conducive for bears as we listed out series of red flags from technicals and fundamentals that signify serious weakness in this pair. The pair has pretty much achieved our 1sttargets at...
FxWirePro: Euro/Yen squeeze, breakout ahead
Jan 14, 2016 07:37 am UTC| Technicals
Sharp rise in Yen over risk aversion this year has led Euro/Yen pair dip to lowest level since April last year, when Euro was declining following the announcement of European Central Bank (ECB) will start purchasing...
FxWirePro: NZD/JPY hits quarterly low at 75.89, further weakness only on break below 75.20
Jan 14, 2016 07:15 am UTC| Technicals
NZD/JPY hits fresh multi-month lows, the pair hit 75.89, levels not seen since Oct 2015 before edging higher to currently trade at 76.58. Strong support for the pair is seen at 75.20 levels, breaks below could see...
Jan 14, 2016 06:19 am UTC| Technicals
GBP/JPY extends downside below 172 (resistance broken on 8th Jan) to currently trade at 169.35. Attempts of recovery on Wednesday were rejected at 171.29 asserting more downside. The pair hit fresh yearly low at 168.83...
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