
Nov 06, 2015 12:12 pm UTC| Technicals
EUR/CAD has made a low of 1.4270 yesterday and started to recover from that level. It is currently trading around 1.4320. The pair has broken major trend line resistance 1.4323 (trend line joining 1.4906 and 1.4667) and...

USD/CAD breaks minor resistance 1.3190, jump till 1.3275 is possible
Nov 06, 2015 11:58 am UTC| Technicals
Lonnie breaks major resistance1.3190 and jump around 1.3240/1.3275 is possible. Short term weakness can be seen only below 1.3140. Any break below 1.3140 will drag the pair down till 1.3100/1.3060. Overall weakness only...

Nov 06, 2015 11:51 am UTC| Technicals
Data earlier today showed that UK manufacturing output rose in Sept at the fastest monthly pace since April 2014 and the countrys goods trade deficit narrowed more than expected. Despite the improvement, the ONS said trade...

FxWirePro: USD/CHF faces resistance around 0.9980, good to buy at dips
Nov 06, 2015 11:18 am UTC| Technicals
USD/CHF has broken trend line resistance around 0.9960 and jumps till 0.9980. It is currently trading around 0.9956 Any break of 0.9980 will take the pair to next level 1/1.0135. Market awaits US Nonfarm payroll for...

FxWirePro: Vega spreads for AUD/USD’s higher IVs
Nov 06, 2015 10:49 am UTC| Technicals
As you can make out from the diagram the implied volatility for near month at the money contracts of AUDUSD pair has been highest among G20 currency segment and is seen at around 11.5-12% levels for 1m-3m expiries. We...

FxWirePro: Strong resistance for EUR/CHF at 1.0850, good to sell rallies
Nov 06, 2015 10:02 am UTC| Technicals
The euro has been under pressure since the ECB late last month signalled additional easing.EUR/CHF price action is contained within the cloud and series of resistance caps upside. EUR/CHF is currently trading at 1.0817,...

EUR/NZD faces strong resistance around 1.6500, jump above targets 1.6600
Nov 06, 2015 09:46 am UTC| Technicals
EUR/NZD is facing trend lien resistance around 1.6500 (trend line joining 1.7189 and 1.6586) and break above confirms short term bullishness, a jump till 1.656/1.660 is possible. The pair has made a high of 1.64966...