
Mar 03, 2016 09:59 am UTC| Technicals
Delta risk reversals of EURCHF: From the nutshell, we understand that 25-delta risk of reversal of EURCHF has been one of the most expensive pairs to be hedged for downside risks as it indicates puts have been relatively...

FxWirePro: FTSE100 faces strong resistance at 6210, good to sell on rallies
Mar 03, 2016 09:14 am UTC| Technicals
Major resistance - 6210 (trend line joining 6874 and 6764) Major support - 6080 The index has retreated after making a high of 6209. It is currently trading around 6123. Short term trend is weak as long as...

Silver moves in range bound direction, sell on rallies
Mar 03, 2016 09:13 am UTC| Technicals
XAG/USD currently trading around $14.90. It made intraday high at $14.95 and low at $14.85 levels. Intraday bias remains bearish for the moment. Expected short term trading range for Silver is $15.05 to...

FxWirePro: AUD/NZD breaks strong resistance at 1.0875, good to long dips
Mar 03, 2016 08:43 am UTC| Technicals
AUD/NZD has been trading a symmetrical triangle pattern and the pair has broken strong resistance at 1.0875 (triangle top). RSI strength seen at 63, with further room to run, momentum studies are bullish. Major...

Mar 03, 2016 08:00 am UTC| Technicals
On weekly plotting, after three weeks of upswings we traced out a sharp gravestone dojipattern at 1.1048 levels evidences the weakness again in this pair, as a result we now see the slumps dropped in the narrow range...

FxWirePro: GBP/NZD consolidating bounce off channel base, strong resistance upto 2.1120
Mar 03, 2016 07:42 am UTC| Technicals
GBP/NZD has bounced off from 2.0625 levels (levels last seen in May 2015), taken channel base support and edged higher. We see the pair consolidating after the bounce-off from multi-month lows, with major resistance...

FxWirePro: BTC/USD faces strong resistance at $450, good to sell on rallies
Mar 03, 2016 07:21 am UTC| Technicals Digital Currency
Major resistance - $450 BTC/USD has formed almost a double top around $445 and declined from that level. It is trading around $418. Short term trend is slightly weak as long as resistance $450 holds. On the...