
FxWirePro: USD/CAD forms temporary top around 1.400, good to sell on rallies
Dec 30, 2015 10:26 am UTC| Technicals
Loonie has formed temporary top around 1.4000 and started to decline from that level. It is currently trading around 1.38655. Short term trend is still weak as long as resistance 1.4000 holds. Any break above 1.4000 will...
Major European Indices Technical Analysis
Dec 30, 2015 08:10 am UTC| Technicals
DAX: DAX has broken major resistance 10863 and jumped till 10876. Any break above 10865 will take the index till 11010(200 day MA)/ index is currently trading around 10856. The index minor support is around...

FxWirePro: BTC/EUR recovers after making a low of 371, good to buy at dips
Dec 30, 2015 07:17 am UTC| Technicals
BTC/EUR has recovered till 395.76 after making a low of 393. It is currently trading around 393. The pair has taken support near 371.80 and intraday weakness can be seen only below 370 On the higher side minor...

Dec 30, 2015 06:58 am UTC| Technicals
Please observe the IV factor for ATM contracts with 1w-1m expiries that is moving in tandem with negative risk reversals. It has been smoothening and stagnant from last fortnight or so 12.75% to 9.6% again from 9.6% to the...

FxWirePro: Strong resistance for NZD/USD at 0.69 levels, good to sell rallies
Dec 30, 2015 06:30 am UTC| Technicals
NZD follows AUD lower, NZD/USD upside faltered at 0.6883, pair now pressing 0.6850 around 0.3% down intraday. 200-DMA at 0.6846 is immediate support, holding downside for now, low thus far 0.6847, breach below...

FxWirePro: BTC/USD faces strong support around $400, good to buy at dips
Dec 30, 2015 06:18 am UTC| Technicals
BTC/USD has jumped till $434.97 yesterday and slightly declined from that level. It is currently trading around $431. Short term trend is still bullish as long as support $400 holds. The pairs minor resistance...

Dec 30, 2015 06:03 am UTC| Technicals
It has rejected the channel line resistance several times in the recent past at 133.764. Retrospectively, prior bearish trend suggests shorting chances by generating some bearish patterns such as spinning top, long...