Feb 02, 2016 16:40 pm UTC| Technicals
The yellow metal inched higher on Tuesday, with the metal reaching three month high at 1130 levels. The metal made gains, as market was underpinned by global growth concerns and sharp drop in oil prices pushed the...
FxWirePro: AUD/USD changes short term trend from bullish to bearish
Feb 02, 2016 15:47 pm UTC| Technicals
AUD/USD has declined towards 0.7050 levels after Australian Central Bank kept its interest steady on Tuesday. The Reserve Bank of Australia, however kept the door open for further move in the coming months, saying that...

Feb 02, 2016 13:18 pm UTC| Technicals
Singapore dollar after continues losing streak from last 3 months, it seems like making an attempt of recovery as a shooting star is spotted out at peaks, since daily stochastic is showing buying interest it is advisable...

Feb 02, 2016 13:18 pm UTC| Technicals
Singapore dollar after continues losing streak from last 3 months, it seems like making an attempt of recovery as a shooting star is spotted out at peaks, since daily stochastic is showing buying interest it is advisable...

FxWirePro: Gold faces strong resistance at 200 day MA, good to buy at dips
Feb 02, 2016 11:56 am UTC| Technicals
Major resistance -$1131 (200 day MA) Major support - $1100 (20 day MA) Gold has declined till $1108 after making a high of $1130 (200 day MA). It is currently trading around $1124. The commodity should close...

FxWirePro: USD/CAD faces strong resistance around 1.4070, good to sell on rallies
Feb 02, 2016 11:12 am UTC| Technicals
Major resistance -1.4070 (trend line joining 1.4174 and 1.4108) Loonie recovered after making a low of 1.39040. It is currently trading around 1.40320. Short term trend is still weak as long as resistance 1.4070...

FxWirePro: EUR/CAD 1W ATM IVs at 16% - Why to deploy ATM delta instruments in EUR/CAD option strips
Feb 02, 2016 10:30 am UTC| Technicals
As we foresee more bearish potential on this pair based on our previous write up on technical analysis, we think the current upswings are just momentary but expect our next immediate targets at 1.4949 1stand 1.4525 levels...