FxWirePro: USD/JPY drops below 110.50 , more downside expected
Apr 05, 2016 15:43 pm UTC| Technicals
The USD/JPY pair fell down towards 110,50 levels on Tuesday, extending its decline for second consecutive day as sentiment in stocks and commodity markets soured. The pair recovery towards higher levels has been limited...
FxWirePro: how do you deal USD/CHF's lower IVs? - "Condor Spread" could be the answer
Apr 05, 2016 14:15 pm UTC| Technicals
Off-late, Swiss managed to produce an upbeat trade surplus numbers on the flip side. The healthy Swiss trade balance has printed at CHF4.07 billion in February of 2016 from CHF2.29 billion a year earlier and beating market...
FxWirePro: GBP/USD dips below lower range, bearish bias increases
Apr 05, 2016 14:11 pm UTC| Technicals
GBP/USD declined on Tuesday as Sterling hurt by PMI monthly survey of purchasing managers in the service sector made slight improvement in the previous month, but still suggested economy has slowed in first...
Apr 05, 2016 13:34 pm UTC| Commentary Technicals
USD/JPY collapsed so notably since February, almost 9.03% to current flashes of 110.510.The dollar slumped to its least level in last 17 months against the a deemed Asian safe haven Yen, signalling the bets on speculation...
CAD/JPY breaks major support 84, decline till 82 is possible
Apr 05, 2016 12:13 pm UTC| Technicals
Major resistance 85.20 (7 W EMA) Major support - 84 The pair has broken major support 84 and declined till 83.85 .It is currently trading around 84.01. Short term trend is bearish as long as resistance...
Apr 05, 2016 10:49 am UTC| Technicals
Major resistance 1.43200 (4H Kijun-Sen line) Major Support - 1.4250 The cable has made a high of 1.43215 and declined from that level. It is currently trading around 1.4328. The pair has broken major...
Apr 05, 2016 10:38 am UTC| Technicals
Ever since the pair has bounced back from the lows of 0.6347 levels, Kiwi dollar has been consolidating stronger from last couple of months. But, after dropping from major resistance at 0.6840 levels (7DMA, 29th March...
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