
FxWirePro: GBP/USD faces strong support around 1.5300, good to buy at dips
Oct 27, 2015 10:58 am UTC| Technicals
GBP/USD has declined till 1.5301 after release of weaker than expected U.K GDP. UK 3Q15 GDP rose 0.5%QoQ compared to forecast of 0.6% which leaves the annual rate of growth at 2.3%YoY. Cable recovered after...
FxWirePro: Collar combination for Gold ahead of Fed’s meeting tomorrow
Oct 27, 2015 10:49 am UTC| Technicals
On the back of mixed bag of US economic reports investors have been skeptic on Feds rate decision. Yellow metal far month contracts for December delivery on the Comex division of the NYME edged down 10 cents, or 0.01%, to...
FxWirePro: EUR/CAD ATM delta instruments make option strips more productive
Oct 27, 2015 10:21 am UTC| Technicals
As we foresee more bearish potential on this pair huge profits achievable with the strip strategy when EURCAD exchange rate makes a strong move either upwards or downwards at expiration, with greater gains to be made with...

FxWirePro: BTC/USD faces major resistance around $300, good to sell on rallies
Oct 27, 2015 09:09 am UTC| Technicals
BTC/USD has made a high of $296 and started to decline from that level. Short term trend is bearish as long as resistance $300 holds The pairs minor support is around $277 and any break below will drag the pair further...

FxWirePro: EUR/USD faces strong resistance around 1.1086, good to sell on rallies
Oct 27, 2015 07:25 am UTC| Technicals
EUR/USD has recovered till 1.10680 after making a low of 1.0996 and is currently trading around 1.1056. The pair is facing trend line resistance around 1.1086 (trend line joining 1.1055 and 1.1068) and any further...

FxWirePro: EUR/CAD travels channel distance with bearish engulfing – lingering around trendline
Oct 27, 2015 07:12 am UTC| Technicals
On daily charts of EURCAD, we spot out Bearish Engulfing pattern candle formed to emphasize a caution for bulls and active signals for bears. Currently, the pair is testing trendline resistance around 1.4560 levels. As...

FxWirePro: Capitalize NZD/JPY put ladder on rallies – longs to hedge resumption of bearish trend
Oct 27, 2015 06:56 am UTC| Technicals
Well.., a little price revival from last couple of days would not mean that previous downtrend has ended. Instead, they are to be regarded as resurgence rallies and could be utilized by deploying short term put writings...