FxWirePro: USD/CAD faces strong support around 1.3100, good to buy at dips
Apr 06, 2016 07:35 am UTC| Technicals
Major Intraday support -1.3100 (trend line joining 1.2857 and 1.30024) The pair has retreated after making a high of 1.32186. It is currently trading around 1.31469. Intraday trend is slightly bullish as long as...
Apr 06, 2016 07:18 am UTC| Technicals
The Reserve Bank of Indias (RBI) governor Raguram Rajan announces 25bps rate cut on Tuesday which has been in line with streets expectations, but a bigger surprise was the host of liquidity-supportive measures. The...
FxWirePro: Are you still bearish on NZD/JPY - add defensive call for hedging on HY vols
Apr 06, 2016 06:57 am UTC| Technicals
1W ATM IVs of the pair is at 15.62% and 15.51% for 1M tenor. Glance the eyes on sensitivity table for probability numbers for OTM striking call in 1 weeks tenors. You could also observe the attractive %change in...
FxWirePro: GBP/JPY forms Bullish Bat Pattern, good to buy at dips
Apr 06, 2016 06:25 am UTC| Technicals
Harmonic Pattern Formed- Bullish Bat Pattern Potential Reversal Zone (PRZ) -155 The pair has slightly recovered after making a low of 155.72. It is currently trading around 156.06. Short term trend is...
Apr 06, 2016 06:06 am UTC| Technicals
The pair declined soon after the formation of long legged doji at 77.718 levels, fell from the highs of 78.210 to the current 75.177 levels. Thats where it has struggled to hold onto the resistance at 76.690 levels...
FxWirePro: EUR/NOK remains well supported below key resistance at 9.4997, good to sell on rallies
Apr 06, 2016 05:29 am UTC| Technicals
EUR/NOK is currently trading at 9.4775 levels. It made intraday high at 9.4925 and low at 9.4704 levels. Intraday bias remains bearish till the time pair holds key resistance level at 9.4997. A daily close...
FxWirePro:NZD/CAD faces strong resistance around 0.9020, good to sell on rallies
Apr 06, 2016 05:24 am UTC| Technicals
Major resistance 0.9020 Major support -0.8850 The pair has recovered till 0.89699 after making a low of 0.8877. It is currently trading around 0.89455. Short term trend is weak as long as resistance 0.9020...
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