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FX Hedging Strategy Series

FxWirePro: Kiwi dollar's gains momentary, stay hedged via diagonal option combinations

Feb 18, 2016 06:36 am UTC| Technicals

Well, keeping important resistance (at 0.6723) in mind one can speculate this pair with binary one touch calls (beyond boundaries for 50-60 pips) but in the contrast advice for long-term investors is that dont get bull...

FxWirePro: Cable faces strong resistance at 1.4360, good to sell on rallies

Feb 18, 2016 06:20 am UTC| Technicals

Major resistance -1.4360 (support turned into resistance) The pair has recovered after making a low of 1.4244. It is currently trading around 1.42921. Short term trend is bearish as long as resistance 1.4360...

EUR/CAD call update - Targets hit, book full profits

Feb 18, 2016 06:15 am UTC| Technicals

Our calls for EUR/CAD links below have achieved all targets. We see scope for possible reversal. Advise booking full profits and exit...

USD/JPY technical outlook

Feb 18, 2016 06:14 am UTC| Technicals

Pair is currently trading at 113.91 levels. It made intraday high at 114.32 and low at 113.79 levels. Today Japan released trade balance data with positive numbers at 0.12T. Japans exports fell 12.9 percent...

FxWirePro: NZD/USD attempting to break channel resistance - likely to retest 0.6723

Feb 18, 2016 06:01 am UTC| Technicals

On weekly charts, even though it has rejected resistance at 0.6723 from last two weeks, current prices have been well above 21DMA and 7DMA on daily charts, same is the case on weekly plotting. These spikes that are in...

FxWirePro: EUR/AUD holds trendline support, good to go long on dips

Feb 18, 2016 05:43 am UTC| Technicals

EUR/AUD has taken strong trendline support at 1.5475 and edged higher, gains upto 1.5630 likely. EUR bulls supported amid positive Asian equities and a broadly lower greenback, while softer Australian employment...

FxWirePro: GBP/JPY faces strong resistance at 164, good to sell on rallies

Feb 18, 2016 05:38 am UTC| Technicals

Major resistance - 164.05 (trend line joining 163.55 and 163.88) Major support - 161.50 The pair has recovered after making a low of 161.50 and jumped till 163.88. It is currently trading around 162.99. Any...

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