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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...

FX Hedging Strategy Series

FxWirePro: "EUR/GBP acts as per our whim fancy" - Quarterly technical review and road map for long term investors

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...

FX Hedging Strategy Series

FxWirePro: No speculation in AUD/JPY, sync hedging instruments with higher IVs and robust bearish sentiments

Apr 28, 2016 09:06 am UTC| Commentary Technicals

Before we begin with hedging frameworks, refer below web-link for our technicals trend...

FxWirePro: BTC/USD takes support near 21 day MA, good to buy at dips

Apr 28, 2016 08:43 am UTC| Technicals

Major resistance -$470 BTC/USD has broken minor support $450 and declined till $435at the time of writing. It is currently trading around $448. Short term trend is bullish as long as support $435 holds The...

FxWirePro: Chinese Yuan hits fresh weekly high against US dollar, intraday bias remains bearish

Apr 28, 2016 07:34 am UTC| Technicals

Pair is currently trading around 6.4740 marks. It made intraday high at 6.4963 and low at 6.4722 levels. Today PBOC sets Yuan mid-point at 6.4954 / dlr vs last close 6.4950. Intraday bias remains bearish...

DAX30 faces strong support at 10200,break below targets 10000/9900

Apr 28, 2016 07:28 am UTC| Technicals

Major resistance-10500 Major support 10200 The index has almost formed triple bottom around 10200 and is consolidating around that level. DAX is currently trading around 10212. It has jumped till 10345...

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