
GBP/CHF breaks major trend line support at 1.5150, targets 1.4925
Aug 20, 2015 07:08 am UTC| Technicals
GBP/CHF has broken major trend line support 1.5150 and this confirms short term weakness, decline till 1.5000/1.4925 cannot be ruled out. Intraday bullishness can be seen only above 1.5230 and break above 1.5230 targets...

FXWirePro: AUD/NZD calendar strips to serve both hedging and speculation
Aug 20, 2015 07:06 am UTC| Technicals
On both hedging and speculation basis, strips at this stage would be best suitable. Hold 7D At-The-Money -0.50 delta put and hold one more lot of 15D At-The-Money -0.50 delta put options and simultaneously 15D...
FxWirePro: Kiwi ignores downbeat NZ consumer confidence, NZD/USD trades above 0.66 handle
Aug 20, 2015 07:02 am UTC| Technicals
Broad based USD weakness persists in Asia following dovish FOMC steer overnight Most G10 currencies higher against the Greenback, Kiwi also climbed higher despite weak NZ fundamentals NZ consumer sentiment came in lowest...

FxWirePro: AUD/NZD faces short term resistance around 1.1180, good to sell on rallies
Aug 20, 2015 06:38 am UTC| Technicals
Harmonic pattern formed- Bullish BAT. Potential reversal zone (PRZ) - 1.0940. AUD/NZD has made a high of 1.13025 and started to retreat from that level. Short term trend is still weak as long as resistance 1.1315...

USD/CHF breaks major trend line support, targets 0.9550
Aug 20, 2015 06:24 am UTC| Technicals
USD/CHF has broken major trend line support 0.9675 and break below confirms weakness, a decline till 0.9595/0.9550 cannot be ruled out. USD has declined against all major currencies after dovish FOMC minutes...
FxWirePro: Sell USD/JPY around 124-124.10 with SL around 124.60 for the TP of 123/122.70
Aug 20, 2015 05:42 am UTC| Technicals
USD/JPY has once again made a low of 123.68 and slightly recovered from that level. Intraday trend is still weak as long as resistance 124.60 holds. The minor intraday resistance is around 124.20 and break above...
FxWirePro: USD/JPY recovers slightly from overnight slump, struggles to regain 124 handle
Aug 20, 2015 04:38 am UTC| Technicals
USD/JPY slumped to fresh three-week lows on Wednesday following the release of FOMC minutes Dovish Fed minutes, with no clear sign of an imminent Sept hike and downbeat July US inflation figures dragged the buck...