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FxWirePro: AUD/NZD slips below 200-DMA, good to sell rallies

Feb 02, 2016 07:07 am UTC| Technicals

AUD/NZD edges lower after being rejected at trendline resistance by 1.0970, currently trades at 1.0850. The pair slipped and closed below 200-DMA (currently at 1.0905) in Mondays trade raising scope for further...

FxWirePro: GBP/JPY faces minor support around 172.95, good to buy at dips

Feb 02, 2016 07:01 am UTC| Technicals

Major support - 172.95 (55 day H EMA) The pair has declined till 173.14 at the time of writing and started to recover from that level. Intraday trend is slightly bullish as long as support 172.95 holds. On the higher...

FX Hedging Strategy Series

FxWirePro: Delta risk reversal signals AUD/USD’s bearish trend and HY ATM IV intensifies selling momentum

Feb 02, 2016 06:44 am UTC| Technicals

Delta risk reversals of AUDUSD: After the momentary upswings to 0.7141 (lower highs), the OTC market sentiments appeared to be more bias towards downward direction, the pair over all time horizon shows more weakness as the...

FX Hedging Strategy Series

FxWirePro: Gravestone Doji after AUD/USD’s interim rallies, downtrend to resume – speculate via vega spreads on HY vols

Feb 02, 2016 06:16 am UTC| Technicals

No traces of recovery on AUDUSD monthly charts, while conducting the long term trend analysis of this pair, it has still been a weaker and a clear prolonged downtrend, this has still been evident even on daily and weekly...

FxWirePro:GBP/CAD faces trend line resistance around 2.0185, good to sell on rallies

Feb 02, 2016 06:09 am UTC| Technicals

Candlestick Pattern- Shooting star Major trend line resistance -2.01850 (trend line joining 2.0369 and 2.02779) The pair has made a high of 2.01844 and started to decline from that level. It is currently trading...

FxWirePro: NZD/USD unable to extend gains beyond 0.6559, strong resistance zone, good to short rallies

Feb 02, 2016 06:05 am UTC| Technicals

0.6559 is strong resistance levels and NZD/USD has been rejected at those levels, has edged lower and is currently trading at 0.6521. Techs on 4-hourly charts show scope for further downside, Stochs have rolled over...

USD/CHF Intraday outlook

Feb 02, 2016 05:53 am UTC| Technicals

Pair is currently trading around 1.0182 levels. It made intraday high at 1.0201 levels and low around 1.0177 levels. Intraday bias remains bearish below 1.0256 levels. Strong resistance below 1.0327 to bring...

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Science

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