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FxWirePro: EUR/JPY butterfly spreads for hedging

Sep 15, 2015 07:04 am UTC| Technicals

We construct long put butterfly spread on this pair which offers restricted returns and limited risk, this strategy is advisable as we think that EURJPY will not rise or fall beyond above stated levels by...

BTC/USD struggles to close above $250, decline till $200 is possible

Sep 15, 2015 06:45 am UTC| Technicals

BTC/USD has retreated till $223 after making a high of $246 and is currently trading at $227. Short term trend is weak as long as resistance $240 holds. The major resistance is around $240 and break above will take the...

FxWirePro: EUR/USD trades modestly flat heading into European open, gains capped at 1.1328

Sep 15, 2015 05:55 am UTC| Technicals

The single currency trades modestly flat against the US dollar heading into the European open Gains in EUR/USD near 1.1330 region did not last, pair slipped, erasing gains and currently trades at 1.1315 1.1329 is a...

FxWirePro: GBP/JPY trades lower after BOJ left policy unchanged, good to sell on rallies

Sep 15, 2015 05:49 am UTC| Technicals

GBP/JPY has retreated after making a high of 186.10 today morning after BOJ monetary policy. BOJ left its policy unchanged along with a less upbeat economic assessment. It also maintained the annual target of monetary...

FxWirePro: AUD/USD slumps to day's lows at 0.7113, RBA minutes weigh

Sep 15, 2015 05:27 am UTC| Technicals

AUD/USD opened Tuesday 0.7139, traded 0.7113-66 in Asia; and was last at 0.7113 Aussie held gains in early trading, defied sliding commodity and Chinese stock prices and hit a two-week peak of 0.7166 after Tony Abbott...

FxWirePro: BOJ’s status-quo keeps yen supported, USD/JPY hits session lows at 119.90

Sep 15, 2015 04:25 am UTC| Technicals

BoJ left policy unchanged as widely expected and echoed the same old tune that the economy is recovering moderately and the QQE is having its intended effect USD/JPY erased gains and switch into the negative territory,...

FxWirePro: Sell USD/CHF around 0.96800-85 with SL around 0.9725 for the TP of 0.9570

Sep 15, 2015 03:07 am UTC| Technicals

USD/CHF has broken major support 0.9680 and declined till 0. is currently trading around 0.96770. the pair yesterday recovered till 0.9718 after making a low of 0.96675 . Intra day trend is still weak as long as support...

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