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USD/CAD Trade Idea

Nov 03, 2015 10:37 am UTC| Technicals

Loonie has made a low of 1.30801 at the time of writing and slightly recovered from that level. It is currently trading around 1.3108. The pair has broken minor trend line resistance 1.3095 and jumped till 1.3119....

FxWirePro: Use EUR/CAD ATM spot delta to make option strips more productive

Nov 03, 2015 10:36 am UTC| Technicals

As we foresee more bearish potential on this pair huge profits achievable with the strip strategy when EURCAD exchange rate makes a strong move either upwards or downwards at expiration, with greater gains to be made with...

FxWirePro: Daily cloud limits upside in cable, good to short rallies around 1.5430

Nov 03, 2015 10:25 am UTC| Technicals

GBP/USD has been rejected at days high by 1.5445, remains largely subdued following the release of UK construction sector activity report Markit/CIPS construction PMI slowed again in October to 58.8, down from the...

BTC/USD breaks major trend line resistance around $356, targets $400/$415

Nov 03, 2015 10:06 am UTC| Technicals Digital Currency

BTC/USD has broken major trend line resistance $356 (trend line joining $683 and $658) and jumped till $379 at the time of writing. It is currently trading at $379. Short term trend is bullish as long as support $358...

FxWirePro: EUR/CAD bearish engulfing again to break channel line – likely to evidence more slumps

Nov 03, 2015 09:37 am UTC| Insights & Views Technicals

It seems to have a continued down streaks upon formation of back to back bearish patterns both on weekly and daily charts. We again spot outBearish Engulfingpattern candle formed at 1.4408 levels on daily charts of...

Pound/Dollar flirts in resistance area, focus on construction PMI today

Nov 03, 2015 09:20 am UTC| Insights & Views Technicals

After Superb performance of Manufacturing PMI, focus is on another key GDP pillar, construction for further cues. UK construction PMI report for October to be released at 9:30 GMT. Marginal softening is...

Loonie breaks minor trend line resistance, jump till 1.3190 is possible

Nov 03, 2015 09:18 am UTC| Technicals

Loonie has made a low of 1.30801 at the time of writing and slightly recovered from that level. It is currently trading around 1.3108. The pair has broken minor trend line resistance 1.3095 and jumped till 1.3119....

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