FxWirePro: USD/JPY finds support at 113.40, eyes 114.50 levels
Mar 03, 2016 17:56 pm UTC| Technicals
The USD/JPY pair rallied initially to test resistance level at 114.21 in the early European session. However, after failing to break resistance level at 21, the pair has slipped back towards 112.55 levels. The pair...
Mar 03, 2016 17:38 pm UTC| Technicals
The yellow surged higher on Thursday as dollar eased and equity market retreated, increasing demand for yellow metal as alternative asset. Gold is likely to advance further as the demand for the yellow metal is set to...

FxWirePro: GBP/USD key support at 1.4294, upside prevails in the short term
Mar 03, 2016 15:30 pm UTC| Technicals
GBP/USD inched higher against US dollar by hitting daily highs at 1.4148 during early American hours, before making a short dip after the release of positive ISM non-manufacturing PMI. The pair has held above 1.4100...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Mar 03, 2016 15:00 pm UTC| Technicals
The EUR/USD pair inched higher towards as 1.0914 levels in the early the US session as the pair attracted buyers after bunch of US economic data printed negative figures. The pair continues to remain in bearish tone,...

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...