
GBP/CAD faces strong support around 2, good to buy at dips
Nov 27, 2015 03:48 am UTC| Technicals
Major trend reversal - 2 The pair has taken support near 2 level and slightly recovered from that level. It is currently trading at 2. trend is still bullish as long as support 2 holds. On the higher side major...
EM Asia FX: Underperformance trend remains incomplete
Nov 27, 2015 00:37 am UTC| Commentary Technicals
The trends have extended into a number of critical levels, and the September/October reversals have caused some concern that the medium term trends are vulnerable, corrective retracements as selling opportunities against...

FxWirePro: Dubious on USD/SGD’s uptrend? Then delta hedge ATM calls on puzzling swings
Nov 26, 2015 14:43 pm UTC| Technicals
We dont think any weakness is disrupting ongoing USD/SGDs uptrend. Instead, the prevailing uptrend for USD/SGD seems to be corrected in short term (heading towards 23.6% Fibonacci retracement) But our convictions...

FxWirePro: Gold seems vulnerable in global economic cycle - Stay Hedged with Option Strips
Nov 26, 2015 12:57 pm UTC| Technicals
Fundamental glimpse: For us, global economy looks seems under recessionary cycle as all asset classes have been struggling coupled with some other macroeconomic indicators, as a result golds tumble has also been...
China watchers, watch out for Tsinghua Unigroup
Nov 26, 2015 12:26 pm UTC| Business Technicals
Few days back, Reuters did a story on Tsinghua Unigroup and their plan to invest as much as 300 billion Yuan ($47 billion), equivalent to market leader Intels total yearly revenue to make Chip Empire. Though we...

FxWirePro: Dollar Index forms Bullish Cypher Pattern, good to sell on rallies
Nov 26, 2015 12:06 pm UTC| Technicals
Long term harmonic Pattern: Bearish Butterfly Pattern Short term Harmonic Pattern- Bullish Cypher pattern Long term Potential Reversal Zone -101.52 (161.8% retracement of 98.33 and 93.16) Short term...

BTC/USD breaks major resistance $351, targets $374/$395
Nov 26, 2015 11:52 am UTC| Technicals Digital Currency
Major resistance -$351 (17 Nov 2105 high) As per our analysis BTC/USD has broken major resistance $336 and jumped till $350.36 at the time of writing. The pairs next major resistance is around $351 and break...