FxWirePro: GBP/USD fails to break resistance at 1.4451 levels, good to sell on rallies
Mar 31, 2016 14:49 pm UTC| Technicals
GBP/USD rebounded strongly towards 1.4450 levels earlier in mid European session. However, the pair turned back after failing to break resistance level 1.4460, as the pound ran out of strength against US dollar. The...
Mar 31, 2016 14:36 pm UTC| Technicals
The departure of the PMDB party from President Dilma Rousseffs coalition means that an impeachment vote against the President now looks a lot more likely. In fact, the vote could come as early as mid-April. However the...

Mar 31, 2016 14:21 pm UTC| Technicals
On daily charts, USDBRL has formed descending triangle. The prices have been consistently below 21DMA, price slumps have remained below sloping side of the triangle ever since it has dropped from the resistance at...

Mar 31, 2016 12:48 pm UTC| Technicals
The implied volatility of 1W expiries are spiking at 12.85%. If you have to evaluate these vols and premiums with probabilistic figures in distinctive scenarios of OTM strikes, the options pricing seems reasonable,...

CAD/JPY breaks major resistance at 86.50, break above targets 88/89.50
Mar 31, 2016 12:24 pm UTC| Technicals
Major resistance 86.50 Major support - 84.50 The pair has broken major resistance at 86.50 yesterday and jumped till 87.11.It is currently trading around 86.73. Short term trend is slightly bullish as long...

FxWirepro: NZD/JPY call hits all targets, further gains above 78.16 (cloud top)
Mar 31, 2016 12:18 pm UTC| Technicals
Our previous call (http://www.econotimes.com/FxWirePro-NZD-JPY-price-action-capped-below-strong-trendline-resistance-at-7670-good-to-go-long-on-breaks-above-185604) has hit all targets. Cloud top at 78.16 is strong...

Mar 31, 2016 11:54 am UTC| Technicals
The ATM implied volatility of 1W XAU/USD contracts are just below 17%. The premiums of 1W ATM contracts are trading at 34.11% more than Net Present Value of these instruments, hence, contemplating this disparity with...