
FxWirePro: BTC/EUR faces strong resistance around $363, good to buy at dips
Nov 30, 2015 07:58 am UTC| Technicals
BTC/EUR has broken major resistance 348 and jumped till 361 level. It is currently trading around 358 level. On the higher side major resistance is around 363 (Jul 2015 high) and break above targets 382/391. Any break...
EUR/CHF likely moves upside ahead of ECB's December meeting
Nov 30, 2015 07:31 am UTC| Technicals
The KOF leading growth indicator in Switzerland, GDP and CPI inflation will slightly impact and the import data will only be of second importance despite expectations for a stabilization in inflation and growth. The...

GBP/AUD trades in narrow range, market awaits RBA monetary policy for further direction
Nov 30, 2015 07:18 am UTC| Technicals
GBP/AUD is consolidating in narrow range around 2.073 and 2.095 for the past three trading session Overall trend is weak as long as resistance 2.0120. Market awaits RBA monetary policy and UK Manufacturing PMI which...

FxWirePro: Construct put ladders on NZD/JPY rallies with hedging objectives
Nov 30, 2015 07:14 am UTC| Technicals
We maintain medium term bearish stance on this pair, while short term upswings could also be utilized by below strategy. In our opinion, although some price recoveries that weve been seeing from last couple of weeks,...

FxWirePro: Watchout for AUD/JPY breaks below 88 for further weakness
Nov 30, 2015 07:11 am UTC| Technicals
The pair has tested trendline resistance at 88.04 and bounced back, is currently trading at 88.27, further weakness can be seen only on breaks below 88, pair could then test 86.50 levels and further below could expose...

Nov 30, 2015 06:49 am UTC| Technicals
On weekly chart, the pair decline from 82.689 to 79.443, it is now struggling to hold onto the support at 80.102 levels. In later stage of October and earlier November, it has broken 81.004 level closing basis. You...

FxWirePro: GBP/JPY struggles to close above 185, good to sell on rallies
Nov 30, 2015 06:40 am UTC| Technicals
GBP/JPY has slightly recovered till 184.90 after breaking major support 184.30. Overall trend is still weak as long as resistance 185 (trend line joining 185.77 and 185.31) holds. Any break above 185 will take the...