
FxWirePro: Hedge gold risks via 3 way straddles versus calls as disparity between premiums and IVs
Mar 03, 2016 13:48 pm UTC| Technicals
Gold spot is struggling to break and sustain above the resistance at 1250 levels despite CFDs have been drifting up, or April delivery on the Comex division of the NYME inched up $ 1.30, to trade at $1,243.10 a troy ounce...

Mar 03, 2016 13:19 pm UTC| Technicals Central Banks
The euro risks are increased as the ECBs governing councils monetary policy meeting scheduled on 10/03 in Frankfurt. Draghi recently says, euro zone growth and inflation prospects have weakened, the ECB to address and...

Mar 03, 2016 12:06 pm UTC| Technicals
Major Intraday resistance - 1.0880 Major support - 1.0820 The pair has made a high of 1.08771 at the time of writing and slightly retreated from that level. It is currently trading around 1.08698. On the...

FxWirePro: CHF/JPY faces strong resistance at 114.20, good to sell on rallies
Mar 03, 2016 12:04 pm UTC| Technicals
Major resistance - 114.75 (trend line joining 114.45 and 114.63) Major support - 113.60 The pair has recovered after making a low of 113.68. It is currently trading around 114.32. Short term trend is...

EUR/PLN recovers from key support at 4.3165, buy on dips
Mar 03, 2016 11:47 am UTC| Technicals
Pair is currently trading at 4.3329 levels. It made intraday high at 4.3365 and low at 4.3161 levels. Intraday bias remains bullish for the moment. A daily close below 4.3160 levels will turn the bias...

Mar 03, 2016 11:22 am UTC| Commentary Technicals
In U.K. this weeks purchase managers index in all trajectories (manufacturing, construction and service) have been highly disappointing to miss forecasts. Manufacturing PMIs dropped vigorously from previous 52.9 to...

USD/JPY consolidates below 114.87, buy on dips
Mar 03, 2016 11:19 am UTC| Technicals
Pair is currently supported bellow 114.0 marks and trading around 113.94 levels. It made intraday high at 114.26 and low at 113.41 levels. Near term trend remains neutral till the time pair holds key support...