FxWirePro: Short EUR/GBP 6w shrinking vols and hedge short term FX risks with ratio spreads
Apr 28, 2016 13:32 pm UTC| Technicals
EUR/GBP is attempting to break its 0.7780 support. Given the non negligible risk of a less dovish Fed lifting the USD and more room for GBP appreciation against the EUR, odds favour shorts in EUR/GBP. The current...
FxWirePro: USD/JPY pauses decline, downside side remains intact
Apr 28, 2016 12:29 pm UTC| Technicals
The USD/JPY declined on sharply on Thursday after bank of japan opted out of further moves to ease policy and also adding to the mix was the lack of clarity from Federal Reserve on further rate hike. Further upside is...
FxWirePro: AUD/CAD breaks below 200-DMA at 0.9692, good to sell rallies
Apr 28, 2016 11:23 am UTC| Technicals
AUD/CAD slump post dismal Australias CPI data on Wednesday saw the pair break below strong 200-DMA support at 0.9692. Bearish bias in the pair has risen and momentum studies heavily tilted to the downside. Major...
USD/CHF breaks major trend line support, decline till 0.9630/0.9575 is possible
Apr 28, 2016 11:11 am UTC| Technicals
Major resistance- 0.9760 Major support - 0.9680 (trend line joining 0.9493 and 0.9584) The pair has broken major support 0.9680 and declined till 0.96610 at the time of writing. It is currently trading around...
Apr 28, 2016 10:51 am UTC| Technicals
Glimpse on historical evidences: We dont think this pair needs our much emphasis if you refer our earlier write ups, please follow below links for more...
FxWirePro: GBP/USD faces strong support at 1.4450, good to buy at dips
Apr 28, 2016 09:30 am UTC| Technicals
Major resistance 1.4668 (Feb 4th high 2016) Major support 1.4450 (resistance turned into support) Cable has broken minor support 1.4500 and declined till 1.4470 yesterday. Cable took support near 7 day EMA and...
Apr 28, 2016 09:06 am UTC| Commentary Technicals
Before we begin with hedging frameworks, refer below web-link for our technicals trend...
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