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FxWirePro: Leading oscillators signal EUR/USD to extend slumps – all chances of retesting 1.08

Oct 30, 2015 11:14 am UTC| Insights & Views Technicals

The USD index has recouped half its post-payroll losses, though speaking about the dollar these days somewhat misses the point: idiosyncratic factors have driven cross-market correlations to such low levels that stability...

EUR/NZD Trade idea

Oct 30, 2015 11:09 am UTC| Technicals

EUR/NZD has made a high of 1.6440 and retreated from that level. It is currently trading at 1.6283. Potential Reversal Zone (PRZ) -1.6385 (Trend line resistance joining 1.6915 and 1.6512) Any break above 1.6385...

FxWirePro: GBP/USD recovers after making a low of 1.5248, good to sell on rallies

Oct 30, 2015 10:29 am UTC| Technicals

Cable recovered from low of 1.52485 and is currently trading around 1.5336. Overall trend is still weak as long as resistance 1.5370 holds. On the higher side any break above 1.5370 will take the pair to next level...

FX Hedging Strategy Series

FxWirePro: EUR/USD highest IV among G7 space, risk reversal bearish sentiments – writers to capitalize on upswings

Oct 30, 2015 09:46 am UTC| Technicals

Please have a look at ATM vols and risk reversal nutshell from last week to the current situations. EURUSD still maintains the highest place for implied volatility of 1W at the money contracts among G7 currency space,...

GBP/AUD breaks minor resistance 2.1550, targets 2.2200

Oct 30, 2015 09:37 am UTC| Technicals

GBP/AUD has broken major resistance of 2.1550 and jumped till 2.166. Overall trend is bullish as long as support 2.130 holds. The break of major resistance 2.1550 will take the pair till 2.20/2.2220 The pairs major...

EUR/USD breaks minor trend line resistance, slight jump till 1.107/1.1100 is possible

Oct 30, 2015 07:56 am UTC| Technicals

EUR/USD has broken trend line resistance around 1.1010 (trend line joining 1.0975 and 1.09846) and break above confirms intraday bullishness, a jump till 1.1095/1.1125 is possible . The pairs minor resistance are...

FxWirePro: USD/JPY breaks below 200-DMA, downside gains momentum post Kuroda, good to sell rallies

Oct 30, 2015 07:56 am UTC| Technicals

Yen regained lost footing versus the Greenback, knocking-off USD/JPY back below 121 handle. USD/JPY slipped 200 DMA at 121.01, downside gains momentum on BOJ Governor Kurodas comments The Japanese currency...

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