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EUR/USD - Watch out for 1.08370 for further weakness

Nov 05, 2015 07:56 am UTC| Technicals

EUR/USD has not able to hold above 1.08800 and started to retreat from that level. Now major support to watch is 1.08370 (trend line joining 1.08970 and 1.08440). Break below confirms further weakness a decline till...

FX Hedging Strategy Series

FxWirePro: NZD/USD calendar combinations to reduce hedging cost

Nov 05, 2015 07:16 am UTC| Technicals

The pair has broken trendline support at 0.6619 yesterday showing further weakness. We could foresee the next strong levels of support only at 0.6541. This has struggled and failed to hold onto 0.6619 levels which has...

FxWirePro: NZD/USD breaks trendline support, leading oscillators signal weakness to prevail

Nov 05, 2015 07:08 am UTC| Technicals

The pair has broken trendline support at 0.6619 yesterday showing further weakness. We could foresee the next strong levels of support only at 0.6541. This has struggled and failed to hold onto 0.6619 levels which has...

FxWirePro: AUD/NZD bullish setup intact, go long on sustained 1.0821 break

Nov 05, 2015 06:57 am UTC| Technicals

Interest rate differentials and the divergences between RBA and RBNZ likely to push AUD/NZD higher. RBNZ is expected to cut interest rates in the December meeting while the RBA have signalled that they are on hold...

Nikkei CBOE DEC Future: Watch Out for 19340 for further bullishness

Nov 05, 2015 06:53 am UTC| Technicals

Nikkei/USD Dec futures is consolidating between 19275 and 18675 level for the past four trading session. The index is facing major resistance around 19340 (200 day MA) and any close above this level will confirm...

FxWirePro: EUR/CAD breaks minor trend line support, good to buy at dips

Nov 05, 2015 05:55 am UTC| Technicals

EUR/CAD has made a low of 1.4250 and started to recover from that level. It is currently trading around 1.3105. The pair has broken minor trend line resistance 1.4308 (trend line joining 1.4556 and 1.4488) and this...

FxWirePro: USD/JPY below channel resistance at 121.48, good to sell rallies

Nov 05, 2015 04:43 am UTC| Technicals

Greenback broke out of its 120.00-121.60 range against the yen, to reach a two-month high of 121.72 after Yellen signalled Dec rate hikes. USD/JPY is off overnight highs, retraced some of the gains and has edged back...

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