
FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies
Apr 01, 2016 09:21 am UTC| Technicals
Major resistance - $428 (trend line joining $502.48 and $465) BTC/USD has slightly recovered till $416 after making a low of $407.It is currently trading around $414.56. Short term trend is slightly weak as long...

FxWirePro: AUD/NZD ATM IVs likely to favour option writers in calendar backspreads for hedging
Apr 01, 2016 09:12 am UTC| Technicals
ATM IVs of 1W expiries are at 9.13%, and 9.74% for 1M tenor. Technically, we are seeing stiff resistances at 1.1121 and 1.1290 levels. You evaluate the IVs of 1W expiries with different ITM strikes and their...

Apr 01, 2016 08:46 am UTC| Technicals
On daily chart, although we see some bounces today in AUD/NZD, it has lost buying momentum ever since it hasnt been able to hold and sustain the resistance at 1.1290 levels. You can probably make out the current prices...

FxWirePro: NZD/JPY upside stalls at strong cloud-top resistance, good to sell rallies, target 76.90
Apr 01, 2016 07:41 am UTC| Technicals
Cloud top at 78.16 is strong resistance for the pair. Further upside can be seen on breaks above. Technical indicators on daily charts support further upside. Break above 78.16 could see test of 78.80 and then 79...

DAX30 breaks major support 9850, targets 9490
Apr 01, 2016 07:35 am UTC| Technicals
Major support 9850 (trend line joining 9757 and 9807) Major resistance -10100 The index has broken major support 9850 and declined till 9807 at the time of writing. It is currently trading around...

FxWirePro: South African rand strengthens against US dollar, good to sell on rallies
Apr 01, 2016 07:34 am UTC| Technicals
USD/ZAR is currently trading around 14.7205. It made intraday high at 14.7899 and low at 14.6240 levels. South Africas rand breaks through 15.0000 marks for first time since late December and remains supported...

FxWirePro: Chinese Yuan falls despite better than expected manufacturing PMI data
Apr 01, 2016 07:17 am UTC| Technicals
USDCNY is currently trading around 6.4634 levels. It made intraday high at 6.4649 and low at 6.4538 levels. The Chinese Manufacturing Purchasing Managers Index rose from 49.0 in February to nine-month high of...