FxWirePro: Poor China’s PMI data dents Aussie, good to sell AUD/USD rallies
Feb 01, 2016 04:11 am UTC| Technicals
Poor Chinas PMI data over the weekend, along with lower commodities prices continue to dent sentiment, weighing on the Aussie. Aussie halted its four-day winning streak and edged lower to currently trade at...
Major Asian Indices Technicials
Feb 01, 2016 03:34 am UTC| Technicals
Hang Seng: Hang Seng has broken major resistance 19500 and jumped till 19740. It is currently trading around 19635. Short term trend is still bullish as long as support 19200 holds. The index major resistance is...
FxWirePro: EUR/GBP trades rangebound, UK PMI data to provide direction
Feb 01, 2016 03:34 am UTC| Technicals
EUR/GBP has been trading a tight range, days high at 0.7613 and lows by 0.7596, bias is lower. On 4-Hourly charts, the pair has been trading a symmetrical triangle, and break out on either side required for further...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Jan 29, 2016 17:10 pm UTC| Technicals
The Cable declined sharply on Friday after Bank of Japan rate cut triggered gains for US dollar against Sterling.Sterling was further hammered down in the US session after the release of US GDP data which came in line with...
FxWirePro: USD/CHF consolidates around 1.0250, good to buy on dips
Jan 29, 2016 15:53 pm UTC| Technicals
The USD/CHF rebounded from 1.0200 levels to hit high at 1.0241 levels, after the release US GDP data which came in line with the expectations at 0.7%. However, dollar gained strength on the day broadly due to unexpected...
Jan 29, 2016 15:09 pm UTC| Technicals
The yellow metal has declined marginally lower on Friday as the dollar strengthened across the board, however it has managed to stay around 12 week high. The dollar strengthened across the board mainly due to weak Japanese...
Jan 29, 2016 13:15 pm UTC| Technicals
We can figure out that least implied volatilities and slightly positive delta risk reversals for EURCHF for 1w-1m expiries. Comparing this sluggish implied volatilities underlying spot price movements, while conducting...
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