
FxWirePro: NZD/JPY short side on short put ladder serving purpose; slumps likely in medium term
Aug 19, 2015 08:29 am UTC| Technicals
The pair rallied from 81.108 to 82.19, even if it shows further upside potential we would still be safe but medium term it has to drop back. Well.., the purpose of employing shorts of (1.5%) in the money puts are serving,...

FxWirePro: USD/CAD forms bullish BAT pattern, good to buy at dips
Aug 19, 2015 07:41 am UTC| Technicals
Harmonic Pattern - Bullish BAT Pattern Potential Reversal Zone (PRZ)- 1.2970 On the lower side any break below 1.2970 will drag the pair further down till 1.2930/1.2900/1.2850. The minor support is around...

FxWirePro: AUD/NZD faces strong resistance around 1.1130, good to sell on rallies
Aug 19, 2015 06:47 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...

Aug 19, 2015 06:14 am UTC| Technicals
Technical briefing: The trend is likely to remain well within the range 139.4807 towards upside and 133.8596 on south as the price are fluctuating in line with 10 day moving average that looks like stagnant line....

FxWirePro: EUR/CAD forms bullish cypher pattern, good to buy at dips
Aug 19, 2015 06:02 am UTC| Technicals
Harmonic Pattern formed: Bullish cypher pattern. Potential Reversal Zone (PRZ) - 1.4320 Any break below PRZ will take the pair further down till 1.4250/1.4200. On the higher side short term resistance is...

FxWirePro: GBP/AUD faces strong support at 2.1200, good to buy at dips
Aug 19, 2015 05:19 am UTC| Technicals
GBP/AUD has made low of 2.130 and recovered from that level. Short term trend is still bullish as long as support 2.120 holds. It is facing strong resistance 2.1527 and any further bullishness only above 2.1530 level. Any...
FxWirePro: AUD/USD hits fresh weekly lows at 0.7312, China stocks' rout weighs
Aug 19, 2015 04:39 am UTC| Technicals
China stocks rout adds to the concerns of Chinas economic slowdown fuelling risk-off sentiment across the board. AUD/USD accelerated downside in the Asian session to hit fresh weekly lows by 0.7312 The pair has...