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FxWirePro: US Oil faces strong intraday resistance at $44.05, good to sell on rallies

May 10, 2016 12:06 pm UTC| Technicals

Major Intraday resistance- $44.05 (55 H EMA) Major intraday support - $43 US Crude has recovered slightly after making a low of $43.01 in Asian session .It is currently trading around $43.38. On the lower...

CAD/JPY Trade Idea

May 10, 2016 11:00 am UTC| Technicals

Major resistance 84.25 (200 day HMA) Major intraday resistance 83.80. CAD/JPY breaks major intraday resistance and jumped till 84.37 at the time of writing. It is currently trading around 84.32. The pair...

CAD/JPY trades well above 200 HMA, targets 86

May 10, 2016 10:17 am UTC| Technicals

Major resistance 84.25 (200 day HMA) Major intraday resistance 83.80 CAD/JPY breaks major intraday resistance and jumped till 84.37 at the time of writing. It is currently trading around 84.32. The pair...

FX Hedging Strategy Series

FxWirePro: EUR/USD bulls give up after rejecting resistance at 1.1461 – Short via binaries for targets of 25-30 pips and 100 pips on delivery

May 10, 2016 09:00 am UTC| Technicals

Theeuro has started the trading week with tepid mood, extended minor gains upto 1.1419 levels but could not sustain to continue last weeks bearish sentiments again. On a broader perspectives, the pair has dropped from...

FxWirePro: BTC/USD trades in narrow range, good to buy at dips

May 10, 2016 08:52 am UTC| Technicals

Major resistance -$470 (Apr 26th 2016) BTC/USD has retreated after making a high of $464.79.It is currently trading around $460.68. Short term trend is bullish as long as support $435 holds The pairs major...

FxWirePro: Gold trading in narrow range, good to buy above $1268

May 10, 2016 07:52 am UTC| Technicals

XAU/USD is currently trading around $1266 mark. It made intraday high at $1267 and low at $1259 levels. Intraday bias remains bullish till the time pair holds immediate support at $1258 marks. A daily close...

FxWirePro: DXY faces strong support at 93,good to buy at dips

May 10, 2016 07:40 am UTC| Technicals

Major resistance- 94.13 (21 day MA) US dollar index has recovered from the low of 93.80 yesterday and closed near to its high (94.20) around 94.15. It is currently trading around 94.04. Short term trend is...

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