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FxWirePro: USD/CAD key resistance at 1.3000, sell deals are recommended below 1.2935

Oct 16, 2015 14:17 pm UTC| Technicals

USD/CAD has rebounded back towards 1.2969 levels from yesterdays lows in early European session, However, in quick succession as the pair lost its bullish momentum and slipped back to trade at 1.2888 levels pair is...

FxWirePro: EUR/GBP faces strong resistance around 0.7450, good to sell on rallies

Oct 16, 2015 12:04 pm UTC| Technicals

RES 4: 0.7480 (May 5th 2015) RES 3: 0.7450 (Oct 2nd 2015) RES 2: 0.7409 (20 day 4 HMA) RES 1 :0.7375 (7 day 4HMA) PRICE: 0.7353 @ 12:04 GMT SUP 1: 0.7388 ( cloud top) SUP 2: 0.7340 (200 day 4 HMA) SUP...

GBP/JPY Trade idea

Oct 16, 2015 11:42 am UTC| Technicals

GBP/JPY is facing strong resistance around 184.40 and any further bullishness only above that level. Any break above 184.40 will take the pair to next target 185/185.20 in short term. On the downside minor intraday...

FxWirePro: USD/JPY struggles to close above 120, good to sell on rallies

Oct 16, 2015 11:32 am UTC| Technicals

RES 4:121.30 ( SEP 10TH HIGH) RES 3: 120.56 (Oct 6th 2015) RES 2: 120.00 (200 day HMA) RES 1: 119.30 (Trendline resistance) PRICE: 118.98 @11:21 GMT SUP 1: 118.50 (Sep 4th 2015) SUP2 : 118 SUP3 :...

FxWirePro: Is EUR/CHF hedging cost bothering you? Risky traders can prefer backspreads i/o Option Strips

Oct 16, 2015 11:03 am UTC| Technicals

Delta risk reversals of EURCHF for next 6 months: The OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon and as a result delta risk reversal for EURCHF was turning...

Gold breaks minor trend line support around $1180, targets $1159

Oct 16, 2015 10:17 am UTC| Technicals

Gold has made a high of $1190 and started to decline from that level. It is currently trading at $1176. It has broken minor trend line support $1180 (trend line joining $1151 and $1163) and break below targets...

FxWirePro: EUR/GBP extends range trade, muted reaction to EZ CPI data

Oct 16, 2015 09:54 am UTC| Technicals

EUR/GBP extends range trade, 0.7372 being days high and 0.7343 the days low The pair continues to trade sideways, poor EU CPI data having negligible impact on the euro EZ CPI fell 0.1% y/y in Sept following the 0.1% hike...

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SpaceX Shares Surge as Wall Street Backs AI Growth Potential

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