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FxWirePro: BTC/EUR faces strong support around 370, good to buy at dips

Dec 16, 2015 07:05 am UTC| Technicals Digital Currency

BTC/EUR has declined till 403 at the time of writing and is currently trading around 413. On the higher side minor resistance is around 425 and break above targets 400/422/441. The pairs major support is around...

FxWirePro: AUD/USD range bound, traders reluctant to take major bets ahead of FOMC

Dec 16, 2015 07:05 am UTC| Technicals

AUD/USD trades a narrow 28 pip range during the Asian session, days range till now 0.7216/7188. Price action holds above the daily cloud (currently spans 0.7144-7159). The cloud is seen containing downside, dips have...

FX Hedging Strategy Series

FxWirePro: AUD/USD hedging arrangements ahead of highest IV among G20 space – vega spreads to deal higher IV

Dec 16, 2015 07:02 am UTC| Technicals

As you can make out from the diagram the implied volatility of at the money contracts of AUDUSD pair has been spiking up crazy, highest among G20 currency segment (almost close to 15% for this week). If IV is high, it...

FxWirePro: BTC/USD faces strong support around $425, good to buy at dips

Dec 16, 2015 06:56 am UTC| Technicals Digital Currency

Major resistance - $468 The pair has retreated till $436 at the time of writing after making a high of $465 yesterday. It is currently trading around $452. Short term trend is still bullish as long as support...

FX Hedging Strategy Series

FxWirePro: AUD/USD bulls seem to have exhausted again, combos for hedging and binary calls to speculate

Dec 16, 2015 06:35 am UTC| Technicals

Technical Glimpse: We all know that the long term trend for this pair has been downtrend, this has still been evident on monthly chart as we can observe that from current price on monthly that has still been fragile to...

FxWirePro: GBP/AUD forms Bearish Cypher pattern, good to buy at dips

Dec 16, 2015 05:39 am UTC| Technicals

Harmonic Pattern - Bearish Cypher Pattern Potential Reversal Zone (PRZ)-2.03000 The pair has recovered after making a low of 2.0300 level. Overall trend is still bullish as long as support 2.0300 holds. On...

FxWirePro: Bullish Cypher formation on NZD/USD 4H charts; possible trade strategies

Dec 16, 2015 05:36 am UTC| Technicals

We see a Bullish Cypher formation on NZD/USD 4H charts; with 0.6615 - Potential Reversal Zone. The MACD line crossed below its signal line on a 4-hour closing basis, suggests downside vulnerability...

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Technology

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