
FxWirePro: AUD/USD PRBS as delta risk reversal indicates intensified bearish hedging
Aug 24, 2015 08:47 am UTC| Technicals
We continue to set up position with 2 lots of Out of the money puts on short side and simultaneously an in the money longs with slightly longer maturity. From the nutshell, 25-delta risk of reversals of AUDUSD the most...

GBP/CAD trades above 2.0700, jump till 2.087/2.100 is possible
Aug 24, 2015 07:23 am UTC| Technicals
GBP/CAD has made a low of 2.04691 and recovered from that level till 2.0699 on Friday. It has broken major resistance 2.0630 on Friday which confirms short term bullishness a jump till 2.078/2.087 cannot be ruled out. On...
FxWirePro: USD/CHF recovers from 5-week lows, prices starting to look oversold on dailies
Aug 24, 2015 06:49 am UTC| Technicals
CHF bulls under control amidst ongoing risk-aversion, Swiss franc rises to 5-week highs on safe-haven appeal USD/CHF downtrend has taken out 200-DMA, 61.8% Fibo of 0.9152-0.9903 advance at 0.9439 and late July lows...
Aug 24, 2015 06:23 am UTC| Technicals
Dollar fell to 6-week low vs safe-haven yen, as the Japanese currency continues to enjoy the safe-haven status against its American counterpart. China concerns, Shanghai Composite plunge behind market turmoil, set to...

GBP/AUD breaks major resistance 2.1530, jump till 2.1930 cannot be ruled out
Aug 24, 2015 06:19 am UTC| Technicals
GBP/AUD broken major resistance of 2.15271 and is trading at 2.1650 level. It has broken ascending triangle pattern resistance at 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and...

FxWirePro: AUD/NZD strips yield maximum profits but focus on PRBS that keeps tight hedging
Aug 24, 2015 06:18 am UTC| Technicals
Both weekly and monthly graphs suggest bearish signals, the pair is currently trading a way below 10 day moving average at around 1.0959 levels. More importantly a long real body bearish candle occurred at 1.0924 with...
FxWirePro: AUD/USD hits fresh trend low at 0.7200, under pressure as SHCOMP re-opens
Aug 24, 2015 06:00 am UTC| Technicals
Aussie tracking Chinese stocks rout while plummeting oil and base metals prices add to the persisting risk-off mood AUD/USD down 1.2% last on the day, currently trading at 0.7226, but losses on crosses edging over...