Dec 31, 2015 09:50 am UTC| Technicals
As begin with 2016 wage and inflation come into focus, so will the next major wage round scheduled next year. Agreements covering around 3 million employees (63% of labor force) in the private and public sector will...

Dec 31, 2015 08:52 am UTC| Technicals
Major support - 2.030 (Dec 3rd 2015 high) The pair has broken major support 2.030 which confirms short term weakness , decline till 1.9800 is possible. On the higher side major resistance is around 2.070 and...

GBP/CHF faces trend line resistance around 1.4720, break above targets 1.4795
Dec 31, 2015 08:35 am UTC| Technicals
GBP/CHF has formed a temporary bottom around 1.45990 and started to recover slightly from that level. It is currently trading around 1.4670. On the higher side major resistance is around 1.47150 (trend line joining...

Dec 31, 2015 07:45 am UTC| Technicals
The implied volatility of -0.49 delta ATM put with 1w expiry is 9.35% and The implied volatility of 0.51 delta ATM call with 1w expiry is at 10.51%. It measures the skewness of the volatility smile (OTC is gauging...

GBP/AUD breaks major support 2.030, decline till 1.9800 is possible
Dec 31, 2015 07:34 am UTC| Technicals
Major support - 2.030 (Dec 3rd 2015 high) The pair has broken major support 2.030 which confirms short term weakness , decline till 1.9800 is possible. On the higher side major resistance is around 2.070 and...

FxWirePro: Gold faces strong support around $1040, good to sell on rallies
Dec 31, 2015 07:06 am UTC| Technicals
Gold has declined after making a high of $1081.70 and is currently trading around $1062. Short trend is still weak as long as resistance $1100 holds. The commodity has broken minor support $1060 and this confirms...

FxWirePro: Mammoth volumes in AUD/NZD slumps confirms bearish run to prolong in long run
Dec 31, 2015 06:38 am UTC| Technicals
Before we begin with this analysis, please be informed what has happened to this pair after our previous analysis, please follow the below link and lets...