
Apr 25, 2016 12:23 pm UTC| Technicals
Major resistance 1.1320 Major intraday resistance 1.12650 (200 day 4H MA) The pair has slightly recovered after making a low of 1.12150 on Friday .it is currently trading around 1.12480. Short term trend...

FxWirePro: AUD/USD calendar spread setup to bridge gap between call premiums and IVs
Apr 25, 2016 11:45 am UTC| Technicals
Before we begin, lets glance over something called implied volatility, we consider 1W IVs of 12.95% at spot FX 0.7718 levels and 12.45% for 1M tenors. ATM call premiums are trading 22.88% more than Net Present Value of...

FxWirePro: EUR/USD faces strong resistance at 1.1320, good to sell on rallies
Apr 25, 2016 11:41 am UTC| Technicals
Major resistance 1.1320 Major intraday resistance 1.12650 (200 day 4H MA) The pair has slightly recovered after making a low of 1.12150 on Friday .it is currently trading around 1.12480. Short term trend...

GBP/USD faces strong resistance at 1.4460, break above targets 1.4515/1.4545
Apr 25, 2016 11:06 am UTC| Technicals
Major resistance 1.4460 Major intraday support- 1.4400 The pair has retreated till 1.44025 at the time of writing after making a high of 1.44570. It is currently trading around 1.44504. Intraday trend is...

FxWirePro: Don’t miss AUD/USD shorts at stiff resistance at 0.7727 in day trend
Apr 25, 2016 09:35 am UTC| Technicals
After 3 days of collapse in AUD/USD, it is now struggling to break resistance at 0.7727 levels (near 7DMA), on Friday also tested the resistance at the same levels, as a result we think since it doesnt manage to break...

FxWirePro: BTC/USD trades well above $450, good to buy at dips
Apr 25, 2016 09:18 am UTC| Technicals
Major resistance -$465 BTC/USD breaks major resistance $465 and jumped till $470 yesterday. It is currently trading around $458. Short term trend is bullish as long as support $434 holds The pairs major...

FxWirePro: GBP/NZD breaks above wedge top at 2.0780, could test next resistance at 2.1250
Apr 25, 2016 08:30 am UTC| Technicals
RBNZ decision this week is the major risk event for the pair. NZ economic data which has been better than expected has been weakened the case for an April OCR cut. However, there is a 30% chance the RBNZ decides not...