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FxWirePro: Gold consolidates in narrow range, good to sell on rallies

Sep 16, 2015 10:18 am UTC| Technicals

Gold has broken major support $1115 and declined till $1101. It is currently trading at $1107. Overall trend is still bullish as long as support $1120 holds. On the downside major support is around $1100 and break below...

FxWirePro: Buy GBP/JPY only above 185.65 with SL around 184.90 for the TP of 186.65/187.30

Sep 16, 2015 09:31 am UTC| Technicals

GBP/JPY major trend line resistance is around 185.65 and break above confirms short term bullishness, jump till 186.65/187.20 cannot be ruled out. It has formed temporary bottom around 184.20 and any weakness only below...

FxWirePro: USD/CHF faces trend line resistance around 0.9770, good to sell on rallies

Sep 16, 2015 09:04 am UTC| Technicals

USD/CHF recovered till 0.97633 after making a low of 0.96675. It is currently trading at 0.9732. The pair is facing strong trend line resistance around 0.9770 and any intraday jump can be seen only above that...

FxWirePro: EUR/GBP edges lower from channel top resistance at 0.7360, ECB Constancio's dovish comments weigh

Sep 16, 2015 07:41 am UTC| Technicals

EUR/GBP extends gains for the second straight session on Wednesday, GBP dented by poor CPI data on Tuesday Gains in the day faltered ahead of channel top resistance at 0.7360, and the pair has edged lower to currently...

EUR/USD consolidates in narrow range, markets await FOMC meeting

Sep 16, 2015 07:05 am UTC| Technicals

EUR/USD trades in narrow range between 1.1370-1.12588 for the past three trading session. Any further break out can be seen only after US Fed meeting which is to be held on Sep 16th. On the downside EUR/USD is facing...

FxWirePro: 1W ATM USD/JPY contracts to perceive highest IV among G7 currency pool – SPL to tackle delta risk reversal

Sep 16, 2015 06:10 am UTC| Technicals

From the above table, we can observe that 1 week contact to perceive higher volatilities on the vege of tomorrows much awaited feds meet, delta risk reversal for this pair is also highest negative values among entire G7...

FxWirePro: Antipodeans trade largely muted, AUD/USD holds tight range

Sep 16, 2015 05:58 am UTC| Technicals

USD broadly offered as markets witness increased bids for safe-havens such as JPY, EUR, CHF and gold Antipodeans trade largely muted, consolidating to the upside after solid gains seen on Tuesday AUD/USD recovered from a...

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