
FxWirePro: Diagonal straps to monitor GBP/AUD swings
Oct 13, 2015 08:15 am UTC| Technicals
Dear readers, before begin with this hedging framework lets have a glance over our previous post on the trend analysis of this pair. Follow the link:...
FxWirePro: Cable deflates from session highs at 1.5388, awaits UK CPI data
Oct 13, 2015 08:01 am UTC| Technicals
Sterling spikes across the board on Merger and Acquisition (MA) news, pushing GBP/USD to session highs. Sterling rises to near three-week high of 1.5388, on ma news, SABMiller accepts GBP 68bn AB InBev takeover...

FxWirePro: GBP/AUD to prolong long term downtrend despite interim upswings
Oct 13, 2015 07:02 am UTC| Technicals
We traced out bearish gravestone doji patterns at around 2.1552 levels on monthly charts as well as on weekly charts at around 2.1458 and again on 2.1586 levels. These bearish pattern dojis are an extremely helpful for...

GBP/AUD breaks minor resistance around 2.100, jump till 2.140 is possible
Oct 13, 2015 07:01 am UTC| Technicals
GBP/AUD has broken minor resistance 2.100 and a jump till 2.140/2.155 is possible. It is currently trading at 2.0883. The pairs minor resistance is around 2.100 and any break above would extend gains till...
FxWirePro: EUR/GBP slips below 0.74 handle, focus on UK inflation data
Oct 13, 2015 06:59 am UTC| Technicals
EUR/GBP slips below the 0.74 handle after German inflation data, Germany consumer price index (Y/Y) in line with forecasts (0%) in September. SABMiller AB InBev agree 44 pound a share takeover, big deal further...

GBP/USD faces resistance at 1.5370, break above targets 1.5450
Oct 13, 2015 06:33 am UTC| Technicals
GBP/USD is facing strong trend line resistance around 1.5370 (trend line joining 1.5380 and 1.53659) and break above confirms short term trend reversal , a jump till 1.5450/1.5480 is possible . On the downside minor...

Oct 13, 2015 06:17 am UTC| Technicals
With the below technical reasoning, we think arresting potential downside risks of this pair by hedging through Put Ratio back Spread and accordingly, hedging framework was also suggested, for now it is reckoned that the...