
FxWirePro: USD/CAD faces strong support around 1.3550, good to buy at dips
Dec 09, 2015 10:23 am UTC| Technicals
USD/CAD has retreated till 1.3550 and slightly recovered from that level. It is currently trading around 1.3600. Intraday trend is slight bullish as long as support 1.3550 holds. Any break below 1.3550 (9 day 4 H...

AUD/JPY breaks below major support at 88.40, drop till 87.40 likely
Dec 09, 2015 09:59 am UTC| Technicals
Our AUD/JPY short call (link below) has reached targets. We see further downside for the pair. Major trendline support at 88.40 has been breached, the pair is now set to test 87.38 (38.2% Fib of 81.97 to 90.72...

FxWirePro: GBP/JPY takes support near trend line, good to sell on rallies
Dec 09, 2015 09:24 am UTC| Technicals
Major support -183.60 (trend line joining 184.32 and 183.97) GBP/JPY has taken support near trend line support 183.76 and slightly recovered from that level. Short term trend is still weak as long as resistance 185.20...

FxWirePro: NZD/JPY bears don’t like 82.75 region, retesting 79.647 is underway
Dec 09, 2015 09:13 am UTC| Technicals
It seems like bears are uncomfortable with 82.75 levels and as soon as it touches, immediate steep rejections would be seen. On weekly chart, the pair decline from 83.036 (this weeks highs) to 81.256, it is now most...

FxWirePro: CAD/JPY faces strong support around 90, good to sell on rallies
Dec 09, 2015 08:46 am UTC| Technicals
Major support - 90.58 (28th Oct low) The pair has broken major support 90.58 and declined till 90.13. It is currently trading around 90.43 Short term trend is still weak as long as resistance 91.50 holds. On the...

Dec 09, 2015 08:28 am UTC| Technicals
Aussie dollar has been front runner in terms of leading higher implied volatilities (see table showing IVs of ATM contracts), this pair has been consistently showing higher implied volatilities when youve to compare this...

NZD/USD retracement from 0.6787 highs to continue, 0.6608 next bear stop ahead of 0.6575
Dec 09, 2015 07:36 am UTC| Technicals
NZD/USD retracement from 0.6787 highs hit on Friday continues. Offered tone in the pair renews ahead of RBNZ meet tomorrow. Techs point south. RBNZ is widely expected to cut rates at tomorrows meeting by 25 bps, to...