FxWirePro: GBP/USD trades higher on stronger core CPI, good to sell on rallies
Nov 17, 2015 09:53 am UTC| Technicals
GBP/USD has recovered from low of 1.5154 till 1.5197 after release of UK CPI data. UK Core CPI( Y-O-Y) is at +1.1% Versus forecast of +1% and Relative price index (RPI) Y-O-Y came at 0.7% compared to forecast of...
USD/CAD- Watch out for 1.33180 for further weakness
Nov 17, 2015 09:25 am UTC| Technicals
Intraday Potential Reversal Zone (PRZ) -1.33180 USD/CAD has made a high of 1.3370 and retreated till 1.33193 from that level. It is currently trading around 1.33259. It is facing major support around 1.33180 and...
Nov 17, 2015 08:53 am UTC| Technicals
Weve been observing consistent price drop last Wednesday previous to which the puzzling trend in this pair was sideways and certainly not an uptrend. Any abrupt upswings can be utilized by constructing put ladders so as...
FxWirePro: “NZD/JPY slumps” this is not astrology but a sheer research – next targets at 79.275
Nov 17, 2015 08:28 am UTC| Technicals
Before proceeding further we would urge you to go through our previous write up on this pair by following below...
FxWirePro: BTC/USD struggles to close above $350, good to sell on rallies
Nov 17, 2015 07:20 am UTC| Technicals Digital Currency
BTC/USD has recovered till $350 at the time of writing and declined till $333. It is currently trading around $335. Short term trend is still bearish as long as resistance $370 holds. On the downside minor support is...
EURUSD breaks major support 1.0660, markets await German ZEW data
Nov 17, 2015 06:59 am UTC| Technicals
Potential Reversal Zone (PRZ) -1.0660 EUR/USD breaks trend line support 1.0660 (trend line joining 1.08180 and 1.06740) and is currently trading around 1.06580. Markets eye German ZEW and US CPI for further...
FxWirePro: AUD/NZD higher IV bids writers an opportunity – CRBS hedges extended upswings
Nov 17, 2015 06:39 am UTC| Technicals
Aussie dollar after long lasting losing streak that has begun from July, it is now making an attempt of recovery a bit as both technical and fundamental indicators are signaling buying sentiments. Hence, we recommend it...
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