
Intraday Trend Reversal Levels For Major Pairs
Dec 03, 2015 08:51 am UTC| Technicals
The major support and resistance of major pairs are given in the table...

FxWirePro: USD/JPY weakness only below 122.90 (21 DMA), good to buy dips
Dec 03, 2015 07:08 am UTC| Technicals
The dollar rose to 123.68 yen, a two-week high, on Wednesday, before paring gains as a big fall in oil prices prompted traders to ease off on riskier trades. USD/JPY is back from 123.68 high overnight, profit-taking seen...

FxWirePro: EUR/JPY OTC market pricing in sync with IVs
Dec 03, 2015 07:05 am UTC| Technicals
Please observe the IV factor for ATM contracts with 1w expiries. It is taking off from last weeks 8% to a steep jump at 12.75% ahead of ECB meet today. On the flip side, as shown in the diagrammatic representation...

FxWirePro: BTC/USD takes support near 200 day 4HMA, good to buy at dips
Dec 03, 2015 06:49 am UTC| Digital Currency Technicals
BTC/USD has made a low of $348 and started to recover from that level. Overall trend is still bullish as long as support $340 holds. Any break below $340 will drag the pair further down till $328/$320. On the...

FxWirePro: Don't get bull trapped with EUR/JPY- Wait for confirmation
Dec 03, 2015 05:52 am UTC| Technicals
Technical Rationale:Considering previous immediate downtrend we are still bearish only considering prevailing upswings are just the speculating effects ahead of ECB meet, bearish candle forms such as long legged doji at...

Trading Euro on ECB monetary policy
Dec 03, 2015 05:49 am UTC| Technicals
ECB is expected to unleash a fresh round of stimulus measures on Thursday after inflation in the Euro zone remained at 0.1% in Nov compared to forecast of 0.2%. The ECB may extend the QE beyond Sep 2016 and choose to...

FxWirePro: EUR/AUD edges higher in Asia, but unable to hold gains, all eyes on ECB
Dec 03, 2015 05:47 am UTC| Technicals
EUR/AUD was up +25pts in Asia on AUD led weakness after Australias trade deficit widened to A$3.3 billion, compared to forecasts of A$2.6 billion. The pair could not hold on to gains, has slipped lower and is...