
FxWirePro: AUD/USD topside limited, good to sell rallies
Nov 09, 2015 09:33 am UTC| Technicals
AUD/USD has recovered slightly from post FOMC lows at 0.7023 and trades at 0.7053, days range 0.7066/24. Cloud top at 0.7070 is strong resistance zone. Correction is expected to remain short-lived. The Aussie dollar...

FxWirePro: EUR/CAD takes support near trend line, good to buy at dips
Nov 09, 2015 09:06 am UTC| Technicals
EUR/CAD has made a low of 1.4197 yesterday and started to recover from that level. It is currently trading around 1.4300. The pair has taken support near trend line 1.4197 (trend line joining 1.4378 and 1.4258) and...

FxWirePro: EUR/JPY may extend slumps – short on rallies via binary puts
Nov 09, 2015 09:00 am UTC| Technicals
EUR/JPY is nearing a decisive resistance levels at 133.096 where it has rejected and bounced several times, the pair has shown the supply and demand sentiments quite a lot of times in the recent times as well (see circled...

FxWirePro: USD/JPY call backspread derives maximum yields - unload weights
Nov 09, 2015 07:32 am UTC| Technicals
At the money calls seems costlier which divulges the market sentiments for USD/JPY pair (NPV of 1w ATM 50% delta call is 43703.88 while premiums trading above 23.93% at JPY 54162.77 for lot size 100,000 units). From the...

FxWirePro: AUD/NZD breaks below 200 DMA, 1.0697 next bear target
Nov 09, 2015 07:24 am UTC| Technicals
AUD/NZD was unable to close above 1.0821 which is 38.2% Fibo of Sep/Nov fall in the previous week. Daily Stochs have turned bearish from overbought levels, RSI is also biased lower. 200 DMA at 1.0763 is pivotal for a...

FxWirePro: USD/CAD trades above major resistance 1.3280, good to buy at dips
Nov 09, 2015 07:13 am UTC| Technicals
Lonnie breaks major resistance 1.3280 and jumped till 1.3317. Short term weakness can be seen only below 1.3200 holds. Any break below 1.3200 will drag the pair down till 1.3140/1.3050. Overall weakness only below...

FxWirePro: BTC/USD struggles to close above $400, good to sell on rallies
Nov 09, 2015 06:48 am UTC| Technicals Digital Currency
BTC/USD has retreated till $353 on Friday after making a high of $502 and currently trading around $367. The pair is struggling to close above $400. On the downside major support is around $354 and any break...