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EUR/USD breaks minor resistance 1.105, targets 1.1100/1.1138

Dec 15, 2015 07:55 am UTC| Technicals

EUR/USD has broken major resistance 1.1050 and this confirms intraday bullishness , a jump till 1.110 is possible . But further bullishness can be seen above this 1.1100 level. On break above 1.1100 will take the pair...

Major European Indices Technical Analysis

Dec 15, 2015 07:34 am UTC| Technicals

Germany DAX Index: Germany DAX index has recovered till 10446 and started to decline from that level. It is currently trading at 10268. The index minor support is around 10200 and break below targets...

FX Hedging Strategy Series

FxWirePro: 1%ITM and 1%OTM puts make butterfly spread attractive to hedge puzzling CAD/JPY swings

Dec 15, 2015 07:09 am UTC| Technicals

Technical Glance: Leading indicators are converging the downswings steeply, the prevailing prices have slid below 21DMA to signify downtrend to prolong. But minor price jumps should not be misinterpreted and perceive...

FxWirePro: Strong resistance for NZD/USD in 0.6810-20 zone, breaks above could see further gains

Dec 15, 2015 07:09 am UTC| Technicals

NZD/USD edging higher as USD retreats in Asia, the pair broke strong trendline resistance at 0.6780, further gains likely on breaks above 0.6820. Broadly lower USD helping underwrite move, also expectations of...

FxWirePro: GBP/NZD forms descending triangle pattern, good to sell on rallies

Dec 15, 2015 06:51 am UTC| Technicals

Pattern- Descending triangle pattern Major support - 2.2300 (trend line joining 2.2410 and 2.23150) GBP/NZD has declined till 2.2274 at the time of writing and slightly recovered from that level. Overall trend is...

FxWirePro: AUD/CHF faces strong resistance around 0.7170, good to sell on rallies

Dec 15, 2015 06:34 am UTC| Technicals

Major resistance -0.7167 The pair has made a high of 0.7162 and slightly retreated from that level. It is currently trading at 0.7121. On the higher side any break above will take the pair to next level...

FxWirePro: Don’t get bull trapped in CAD/JPY, go long only above 88.995, else likely to retest 87.400

Dec 15, 2015 06:28 am UTC| Technicals

The successful outcomes may not be possible only from accurate technical or fundamental or any other analysis in this world. Shrewd trades have to control human instincts. Yes, were referring to CADJPY it is not always...

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