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CAD/JPY Trade Idea

Mar 28, 2016 12:40 pm UTC| Technicals

Major resistance 86.30 (trend line joining 86.21 and 86.27) Major support - 84.50 The pair has once again retreated after making a high of 86.29 on 23rd Mar 2016. It has declined till 84.56 and slightly...

FxWirePro:Gold forms bullish Cypher Pattern, good to buy at dips

Mar 28, 2016 12:28 pm UTC| Technicals

Harmonic pattern: bullish Cypher pattern Potential Reversal Zone (PRZ) -$1190. The yellow metal has completed Cypher pattern around $1208.20 and recovered from that level. It is currently trading around...

FX Hedging Strategy Series

FxWirePro: EUR/CAD 3-way straddle versus call combination on spiking 1W IVs - the strategy walk-through

Mar 28, 2016 10:49 am UTC| Insights & Views Technicals

Technical glimpse: After the break out below 1.4949 and the neckline of double top has more downside potential, currently at 1.4786 levels after rejecting resistance at 1.4827 levels. From last couple of days, it has...

CHF/JPY breaks major resistance 116, targets 118.60

Mar 28, 2016 10:07 am UTC| Technicals

Major resistance - 116 The pair has broken major resistance 116 and jumped till 116.30 at the time of writing . It is currently trading around 116.19. Short term trend is slightly bullish as long as support 115...

FxWirePro: BTC/USD faces strong resistance around $436, good to sell on rallies

Mar 28, 2016 09:10 am UTC| Technicals Digital Currency

Major resistance - $436 (trend line joining $502.48 and $465) BTC/USD has slightly retreated after making a high of $427.80 recovered till $417.55 at the time of writing after making a low of $403. It is currently...

FX Hedging Strategy Series

FxWirePro: EUR/CAD oscillates in sideways, leading oscillators diverge to spot FX despite last week's upswings - trade via tunnel spreads

Mar 28, 2016 08:47 am UTC| Technicals

After the break out below 1.4949 and the neckline of double top has more downside potential, currently at 1.4786 levels after rejecting resistance at 1.4827 levels. From last couple of days, it has now been drifting in...

USD/CNY hovers around key resistance at 6.5195, intraday bias remains neutral

Mar 28, 2016 08:33 am UTC| Technicals

USDCNY is currently trading around 6.5162 levels. It made intraday high at 6.5208 and low at 6.5148 levels. Intraday bias remains neutral for the moment. A sustained break above6.5195 will tests another...

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