
FxWirePro: GBP/AUD lingering around trendline – uptrend to persist
Sep 25, 2015 07:38 am UTC| Technicals
One can easily make out from the daily technical charts of GBPAUD, the price fluctuation has been lingering with the below channel line where it has been consistently finding supports and bouncing towards north, thus far...

FxWirePro: Square-off synthetic put on NZD/USD as downtrend to resume
Sep 25, 2015 06:52 am UTC| Technicals
In order to participate in continuous downtrend, at the money call that replicated synthetic put was deployed on 22nd. The ATM protective call at that juncture served as a hedging strategy whereby the trader, who has an...
FxWirePro: NZD/USD pares losses, edges higher from day's lows at 0.6295
Sep 25, 2015 06:47 am UTC| Technicals
NZD/USD saw a minor recovery on the Fonterra news this week, but downside pressures continue as we head towards the end of the week NZD/USD is currently trading at 0.6345 with a high of 0.6353 and a low of 0.6295 on the...

FxWirePro: Buy USD/JPY at dips 120.35-40 with SL around 120 for the TP of 121/121.25
Sep 25, 2015 06:34 am UTC| Technicals
USD/JPY has broken minor trend line resistance around 120.45 (trend line joining 120.64 and 120.53) and is currently trading at 120.47. Intraday trend is bullish as long as resistance 120 holds. The minor resistance is...

FxWirePro: GBP/AUD faces strong resistance around 2.200, good to buy at dips
Sep 25, 2015 06:10 am UTC| Technicals
GBP/AUD breaks minor trend line resistance around 2.185 and jumped till 2.200. It is currently trading at 2. pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The...

AUD/USD faces minor resistance around 0.7020, break above targets 0.7075/0.7100
Sep 25, 2015 05:50 am UTC| Technicals
Aussie has recovered after making a low of 0.6938 and is currently trading at 0.7010. It is facing minor resistance at 0.7020 (trend line joining 0.7153 and 0.70425). Any break above 0.7020 will take the pair to next...
FxWirePro: EUR/USD remains pressured below 1.20 handle on hawkish Yellen comments
Sep 25, 2015 05:02 am UTC| Technicals
Janet Yellens hawkish 2015 rate hike speech overnight buoyed USD bulls, EUR/USD slumped from session highs around 1.1295 to 1.1159 levels. The pair is still languishing below the 1.20 handle, unable to recover...