FxWirePro: AUD/CAD option trade set up
Nov 24, 2015 10:32 am UTC| Technicals
We observed the pair has currently been unable to breach and sustain trend line resistance where prices were rejected at 0.9656. This shorting call was coupled with other bearish indications as well. As shown in the...
FxWirePro: NZD/JPY to retest 79.450 - deploy NZD/JPY OTM calls in option combos
Nov 24, 2015 08:13 am UTC| Technicals
Weve been observing consistent price drop in this pair from last Friday when it has formed a shooting star candle pattern at 80.498 signifying more weakness towards downside, previous to which the puzzling trend in this...
FxWirePro: Dollar Index forms Bearish Butterfly pattern, good to sell on rallies
Nov 24, 2015 08:05 am UTC| Technicals
Long term harmonic Pattern: Bearish Butterfly Pattern Short term Harmonic Pattern- Bullish Cypher pattern Long term Potential Reversal Zone -101.52 (161.8% retracement of 98.33 and 93.16) Short term Potential...
Nov 23, 2015 13:13 pm UTC| Technicals
WTI crude is attempting to break support at 40.90 levels which is likely to show supply for the currency at this juncture several times in the past. The formation of long legged doji is traced out at 41.90, soon after...
Nov 23, 2015 11:28 am UTC| Technicals
French posted lackluster composite PMI numbers at 51.3 which is way below forecasts at 52.5. Markit manufacturing PMI was at 50.8 slightly above forecasts at 50.7. Markit Services PMI came in at 51.3 below forecasts...
FxWirePro: Employ EUR/CAD collars as trendline support seems likely
Nov 23, 2015 08:36 am UTC| Technicals
We had earlier also traced out bearish indications to head towards 1.4355 and even the levels up to 1.4150. As both the weekly and monthly indications by leading oscillators are converging with ongoing dropping prices...
FxWirePro: Euro volatile ahead of EZ PMI data, deploying EUR/GBP gamma spreads reduce IV factor
Nov 23, 2015 07:42 am UTC| Technicals
On the verge of French and German manufacturing PMIs, today Euros early market focus is likely to be on these flash estimates of Eurozone PMIs for November. The Euro zone aggregate preceded by French and German...
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