
FxWirePro: EUR/USD bearish trend moves in narrow range – IVs and risk reversals justify the same
Jan 26, 2016 09:38 am UTC| Technicals
Lets have a look on IVs inching lower in next 1months time, as the pair forms whipsaw patterns that is moving in narrow range and lingering on 21DMA curve 07th Jan. Ever since the price approached 21DMA curve it has...
FxWirePro: Derivatives perspectives for antipodean currencies
Jan 26, 2016 08:36 am UTC| Insights & Views Technicals
The risk bias to Antipodean currencies remains firmly to the downside here onwards in 2016. The prospect of lower Chinese growth and weaker commodity prices, the risk of a more aggressive tightening cycle from the Fed as...
Jan 26, 2016 08:12 am UTC| Technicals
The net exports of Australia added 1.5%pts to headline growth, but at least in part that was an unwind of Q2 weather-related weakness. There is limited evidence of a boom in non-resource exports or business investment,...

Loonie breaks major resistance 1.3140, break above targets 1.440
Jan 26, 2016 07:57 am UTC| Technicals
Major resistance - 1.4314 (55 day 4 H EMA) Loonie has broken major resistance 1.4314 and jumped till 1.4180. It is currently trading around 1.4310. Short term trend is slightly bullish as long as support 1.4250...

FxWirePro: DAX Struggles to close above 9800, good to sell on rallies
Jan 26, 2016 07:26 am UTC| Technicals
The index has broken major resistance 9720 and jumped till 9830. It is is currently trading around 9595. Any minor weakness can be seen only below 9600 and any break below 9600 will drag the index down till...
EUR/USD nearly flat in data light European Calendar
Jan 26, 2016 07:05 am UTC| Technicals
Pair is well supported above $1.0850 levels, made intraday high at $1.0859 and low at $1.0841 levels. Intraday bias remains neutral in the absence of any major economic events from Euro area. Yesterday ECB...

Jan 26, 2016 06:59 am UTC| Technicals
We continue to think there are downside risks to MASs forecasts that core CPI inflation will rise over the course of 2016 from 0.5% to 2.0% and headline inflation to range -0.5% - 0.5%. Likewise, its forecast for GDP...