FxWirePro: USD/JPY faces strong resistance around 121.50, break above targets 122.40
Nov 04, 2015 11:50 am UTC| Technicals
RES 4: 123.10 RES 3: 122 RES 2: 121.75 (28th Aug 2015) RES 1:121.30 ( SEP 10TH HIGH) PRICE: 121.22 @11:46 GMT SUP1 :120.78 (200 day HMA) SUP 2 120.16 (38.2 % retracement of 118.05 and 121.50) ...
FxWirePro: Strong support for EUR/USD at 1.090, breaks below could take the pair to 1.080
Nov 04, 2015 11:21 am UTC| Technicals
EUR/USD is currently trading at 1.0928, with immediate resistance at 1.1006 (10 DMA) and support at 1.0897 (30 DMA Lower Bollinger) Markit PMI surveys data released earlier pointed to quarterly EZ economic growth of...

Nov 04, 2015 10:59 am UTC| Technicals
GBP/CAD has broken minor resistance 2.0160 and this confirms short term bullishness, a jump till 2.020/2.028 is possible On the downside minor intraday support is around 2.0130 and break below will drag the pair till...

FxWirePro: GBP/USD recovers after UK services PMI, good to sell on rallies
Nov 04, 2015 10:05 am UTC| Technicals
Cable recovered slightly till 1.5445 after release of UK service PMI. It is currently trading around 1.54210. UK Business activity index rose for the first time since June, to 54.9 from 53.3 in Sep. Overall trend is...

FxWirePro: EUR/JPY trades well below trendline support, breaks till 131 levels likely
Nov 04, 2015 09:35 am UTC| Technicals
EUR/JPY tests fresh lows at 132.28 as the single currency remains heavy on dovish Draghi talk, carry demand Daily price action remains well below the cloud and major Moving Averages, and has been consistently capped below...

GBP/CAD breaks minor resistance 2.016, targets 2.023/2.030
Nov 04, 2015 09:17 am UTC| Technicals
GBP/CAD has broken minor resistance 2.0160 and this confirms short term bullishness, a jump till 2.020/2.028 is possible On the downside minor intraday support is around 2.0130 and break below will drag the pair till...

FxWirePro: Stay Short on EUR/JPY via BPS for risk averse backspreads aggressive bears
Nov 04, 2015 08:36 am UTC| Technicals
Please observe in the above nutshell how delta risk reversal numbers are inching higher into negative values gradually in a long run (flashing at negative 1.65 for 1 year expiries). 1W at the money 49.6% delta puts are...