
FxWirePro: Construct butterfly spreads with calls to hedge CAD/JPY puzzling swings
Nov 06, 2015 08:36 am UTC| Technicals
Lot of puzzling has been happening in CADJPY when we consider the intermediate and long term trend of this pair. Bullish candles such as dragonfly doji at 92.207 on weekly has been able to prop up prices effectively as...

Trading Euro on US Non Farm Payroll
Nov 06, 2015 07:49 am UTC| Technicals
Dollar is trading stronger against all major currencies and market eyes US Non Farm Payroll data today. Fed Chairman Janet Yellen said on Wednesday during testimony before financial services committee that If Economy...

EUR/CAD breaks major trend line resistance, targets 1.4450
Nov 06, 2015 07:47 am UTC| Technicals
EUR/CAD has made a low of 1.4270 yesterday and started to recover from that level. It is currently trading around 1.4320. The pair has broken major trend line resistance 1.4323 (trend line joining 1.4906 and 1.4667)...

Nov 06, 2015 07:08 am UTC| Technicals
Lot of puzzling has been happening in CADJPY when we consider the intermediate and long term trend of this pair. Bullish candles such as dragonfly doji at 92.207 on weekly has been able to prop up prices effectively as...

FxWirePro: Silver forms Bullish Cypher Pattern, good to buy at dips
Nov 06, 2015 06:11 am UTC| Technicals Commentary
Harmonic Pattern Formed- Bullish Cypher Pattern Potential Reversal Zone (PRZ)- $14.70 Any break below $14.70 will take the pair till $14.30/$ weakness only below $13.96 level. On the higher side minor...

FxWirePro: Aussie consolidates gains against the Kiwi, long breaks above 1.0821
Nov 06, 2015 06:09 am UTC| Technicals
Aussie was subdued on the day, under pressure following the release of RBA SoMP, which showed that the central bank downwardly revised CPI and GDP forecasts, and left doors open for further easing.It is on the track to...

FxWirePro: NZD/JPY weakness on cards, any bounces..? Capitalize on shorts in put ladders
Nov 06, 2015 05:47 am UTC| Insights & Views Technicals
We continue to maintain bearish stance in long run, while if any abrupt short term upswings could also to be monitored and utilized by below strategy. In our opinion, although some price recoveries that weve been seeing...