FxWirePro: GBP/USD faces major support around 1.4350, good to buy at dips
Mar 18, 2016 11:48 am UTC| Technicals
Major support 1.4350 Major resistance 1.4500 GBP/USD has broken major resistance 1.4400 and jumped till 1.45032. It is currently trading around 1.44427. Intraday trend is slightly bullish as long as...
Mar 18, 2016 10:29 am UTC| Technicals
Major resistance 1.13500 (trend line joining 1.1495 and 1.1376) The pair has made a high of 1.13424 and slightly decline from that level. It is currently trading around 1.13014. Intraday trend is slightly weak...

FxWirePro: EUR/AUD IVs still spiking higher - hedge via vega puts in PRBS to tackle higher IVs
Mar 18, 2016 10:02 am UTC| Technicals
EUR/AUD have been dramatically spiking higher at 12.59% for 1W expiries and 12.41% for 1M expiries. Volatility smiles most frequently show that traders are willing to pay higher implied volatility prices as the strike...
FTSE100 breaks major resistance 6220, jump till 6350 is possible
Mar 18, 2016 09:47 am UTC| Technicals
Major Resistance 6220 Major support 6100 FTSE100 has recovered after making a low of 6114 yesterday and jumped till 6215 at the time of writing. It is currently trading around 6221. Short term trend is...
Mar 18, 2016 09:08 am UTC| Technicals
The pair has already made more than 61.8% Fibonacci retracements from the highs of 1.6252 levels. The current prices have again slid below 7DMA, breaking important supports with downward convergence by leading...

Silver breaks all the key resistances and hits fresh 4-month high, remains supported above $16.02
Mar 18, 2016 08:36 am UTC| Technicals
XAG/USD is currently trading around $16.03 levels. It made intraday high at $16.12 and low at $15.87 levels. Intraday bias remains bullish for the moment. Silver breaks key resistance level at $15.72 marks...

Chinese Yuan hits fresh 2- month gain against US dollar as PBoC again raised the Yuan fixing
Mar 18, 2016 08:10 am UTC| Technicals
USDCNY is currently trading at 6.4644 levels. It made intraday high at 6.4728 and low at 6.4628 levels. Intraday bias remains bearish for the moment. PBoC raised its fixing rate by the most since last...