
FxWirePro: Swedish krona erases previous gain against euro, upside limited
Apr 22, 2016 07:09 am UTC| Technicals
EUR/SEK is currently trading around 9.1926 levels. It made intraday high at 9.1944 and low at 9.1787 levels. Intraday bias remains neutral for the moment. A daily close above 9.2050 will test key resistances...

FxWirePro: EUR/JPY gains on broad Yen weakness, finds major resistance at 124.96
Apr 22, 2016 06:51 am UTC| Technicals
Yen weak across the board on the news that BOJ will discuss negative-rates with banks. EUR/JPY spiked almost 50-pips to hit session highs at 124.95, 124.96 is 50% Fib of 128.22 to 121.71 fall and tough resistance for...

FxWirePro: Yen 1W IVs spike rapidly – Capitalize on longs calls in EUR/JPY straps
Apr 22, 2016 06:34 am UTC| Technicals
Please observe in the above nutshell as to how the implied volatilities of EURJPY pair growing in sky rocked pace with delta risk reversal numbers also inching higher into positive values, but in a long run, hedging...

FxWirePro: Silver follows Gold suit, rejects $17.67 and hovers just around $17.00
Apr 22, 2016 06:30 am UTC| Technicals
XAG/USD is currently trading around $17.04 marks. It made intraday high at $17.15 and low at $16.88 levels. Intraday bias remains bullish till the time pair holds immediate support level at $16.88 marks. On...

CAD/JPY faces strong resistance at 86.95, break above targets 87.45/88.75
Apr 22, 2016 06:18 am UTC| Technicals
Major resistance 86.95 (trend line joining 87.45 and 87.02) Major support -85.50 (7 day EMA) The pair has made a high of 86.90 in the morning and slightly declined from that level. It is currently trading around...

Apr 22, 2016 06:12 am UTC| Technicals
NZD/USD is extending declines after upside was capped by channel top at 0.7045, pair has slipped below 510 day moving averages. Downside finds strong trendline support at 0.6898, breaks below could see downside upto...

GBP/JPY breaks major resistance on BOJ news, targets 160/162.57
Apr 22, 2016 05:51 am UTC| Technicals
Major resistance 158.10 (trend line joining 162.57 and 158.37) Major support- 156.45 (7 day EMA) GBP/JPY has regained today morning after making a low of 156.51 yesterday. It is trading around 157.80. The Yen...