FxWirePro: USD/CHF key support at 0.9675, bullish in the short term
Sep 24, 2015 14:14 pm UTC| Technicals
>The USD/CHF pair has slipped sharply to test strong support level at 0.9685, after finding renewed selling interest ahead of FOMC meeting. However, the pair is set to consolidate around 0.9685 levels, as the pair remains...

Sep 24, 2015 13:32 pm UTC| Technicals
The spot FX EURUSD is flashing up at 1.1268 as investors were now looking ahead to a speech by Fed Chair Janet Yellen later in Thursday for additional clarity on the banks decision last week to leave interest rates on...
FxWirePro: USD/RUB rally resumes, shorts on BCS fetch assured returns – longs functioning on table
Sep 24, 2015 13:24 pm UTC| Technicals
Ruble has been one of the most vulnerable EM exchange rates, we had advocated debit call spreads a fortnight ago (Refer below link for further readings), our 7D shorts have certainly would have yielded handsome gains, now...
FxWirePro: USD/ZAR edges lower from record highs at 14.0277, good to short rallies
Sep 24, 2015 12:27 pm UTC| Technicals
USD/ZAR hit new record highs at 14.0277 on the day, extending its rally after a brief correction. Prices are starting to look heavy at current levels, a modest adjustment likely on charts Daily Stochs and RSI...

FxWirePro: Gold forms bearish cypher pattern, good to sell on rallies
Sep 24, 2015 11:44 am UTC| Technicals
Harmonic pattern formed- Bearish Cypher pattern Potential Reversal Zone (PRZ)- $1160 Gold has recovered after making a low of $1121 on Tuesday. It is currently trading at $1136. Overall trend is weak as long...

FxWirePro: EUR/CHF to maintain its uptrend in long term, Swiss trade not suffice to prop up currency
Sep 24, 2015 11:36 am UTC| Insights & Views Technicals
Swiss has produced an upbeat trade surplus numbers on the flip side. The healthy Swiss trade balance has printed at 2.87 billion which is well beyond market analysts projections at 2.77 billion but below the previous flash...
EUR/GBP breaks short term resistance 0.7360, jump till 0.7480 is possible
Sep 24, 2015 11:33 am UTC| Technicals
RES 4: 0.7480 (May 5th 2015) RES 3: 0.7420 RES 2: 0.7395 ( Sep 1st high) RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7380 @ 11:32 GMT SUP 1: 0.7240 (Aug 30th Low) ...