FxWirePro: EUR/USD strongly bearish despite upside attempts, eyes 1.0650 levels
Jan 06, 2016 16:11 pm UTC| Technicals
EUR/USD has made modest gain in the US Session after negative ISM non-manufacturing data printed negative figures. Ater the data release the pair rallied towards 1.0766 levels, however gains were limited as the pair has...
FxWirePro: USDCAD hits fresh 11-year high, scope for further upside
Jan 06, 2016 15:23 pm UTC| Technicals
USD/CAD has strongly inched higher breaking the psychological barrier at 1.4000 as the oil-correlated Canadian weakened further on Wednesday following 4 percent drop in oil prices on renewed geopolitical tension between...
Jan 06, 2016 14:49 pm UTC| Technicals
The yellow metal has surged strongly towards 1091 levels , as persistence concerns over Chinese economy and geopolitical tensions in the Middle East has increased the demand for the yellow metal for the third straight...

Jan 06, 2016 14:06 pm UTC| Technicals
Observe the circled area on technical chart, we spot out a sharp gravestone doji candle at around 0.7285 that has shown its impact drag below. The pair has slid below strong supports at 0.7070 from the todays highs of...

FxWirePro: USD/CHF consolidates around 1.0096, good to buy on dips
Jan 06, 2016 13:29 pm UTC| Technicals
The USD/CHF rebounded from 1.0083 levels to hit high at 120, after bunch of economic data was released from the Eurozone. However, in the US early session the pair after finding minor resistance at 1.0111 has declined to...

FxWirePro: GBP/AUD recovers after making a low of 2.017, good to buy at dips
Jan 06, 2016 12:26 pm UTC| Technicals
The pair has broken major trend line resistance 2.045 (trend line joining 2.1269 and 2.09682) and jumped till 2.075. It is currently trading around 2.0680. Short term trend is still bullish as long as support 2.030...

Jan 06, 2016 11:24 am UTC| Technicals
Volumes Vols spiking off: AUDUSD pair has been the highest IVs to perceive in next 1w-1m among G20 currency segment and is seen at 11.7-12% levels for 1m expiry. Downside hedging sentiments are still lingering around...