
FxWirePro: Mid-month ATM put in collars strategy to hedge gold’s puzzling upswings
Jan 26, 2016 06:30 am UTC| Technicals
Goldfor February delivery on the Comex division of the New York Mercantile Exchange jumped $11.10, or 1.01%, to trade at $1,107.40 a troy ounce. Last week we saw that Indias gold import in last month of 2015 is valued...
Jan 26, 2016 06:29 am UTC| Technicals
Japanese Yen is enjoying some gain against the major peers after traders sold off the pair amid renewed risk aversion based on a slump in oil prices and overall dull growth prospects. Last week both oil benchmarks...

GBP/USD well supported above $1.4200 level, BOE Gov Carney speech in focus
Jan 26, 2016 05:51 am UTC| Technicals
GBP/USD is currently trading at $14227 levels, made intraday high at $1.4252 levels. Last week the pound hit its lowest level in nearly seven years, when it fell to $1.4084. BoE policy maker Kristin Forbes said that...

FxWirePro:GBP/JPY struggles to break above 170, good to sell on rallies
Jan 26, 2016 05:50 am UTC| Technicals
Major resistance - 170(Cloud bottom) The pair has made a high of 170 and started to retreat from that level.It is currently trading around 168. upside inGBP/JPY has been capped around 170.20-35 (ichimoku cloud) and...

Gold surpasses major resistance level at $1112
Jan 26, 2016 04:54 am UTC| Technicals
XAU/USD is currently trading around $1112 level and made intraday high at $1113.68 levels. Weakening US dollar and another fall in oil prices boosted demand for safe-haven assets. The Fed is scheduled to meet...

FxWirePro: BTC/USD struggles to close strong support at $370, good to buy at dips
Jan 26, 2016 04:11 am UTC| Technicals
BTC/USD has made a high of $405 yesterday and slightly declined from that level. It is currently trading around $392. Short term trend is bullish as long as support $370 holds.On the lower side any break below $370 will...

FxWirePro:Gold trades well above $1100, good to buy at dips
Jan 26, 2016 03:46 am UTC| Technicals
Major resistance - $1109 (Jan 20th 2016) Gold has broken major resistance $1109 which confirms minor bullishness , jump till $1120/$1134 (200 day MA) is possible. Minor weakness can be seen only below $1090 and break...