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FxWirePro: GBP/AUD consolidates in narrow range , good to sell on rallies

Sep 17, 2015 08:13 am UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.135 from that level. It is currently trading at 2.170. The pairs minor resistance is around 2.200 and any break above would extend gains till...

FxWirePro: ATM higher vols among G7 space may explode EUR/USD as final countdown to Fed – stay hedged with strips

Sep 17, 2015 08:09 am UTC| Technicals

Execution: The spot FX EURUSD is flashing at 1.1312 and we think that the likely outcome of todays FOMC looks to be on a knife edge, with strong arguments for both raising interest rates and leaving them unchanged, as a...

FxWirePro: GBP/USD option straddles for aggressive traders and condor spreads for laggards on big day in U.S

Sep 17, 2015 07:20 am UTC| Technicals

On the verge of important day in U.S. as there are no significant data releases from U.K side that could propel GBP today except retail sales, GBPUSD may likely to experience random walk for today. Hence, we believe pound...

FxWirePro: Gold forms bearish cypher pattern, good to buy at dips

Sep 17, 2015 06:30 am UTC| Technicals

Potential Reversal Zone (PRZ)- $1098. Gold has recovered form the low of $1100 and is currently trading at $1120. Overall trend is slightly bullish as long as support $1098 holds. Any break below $1098 will drag the...

FxWirePro: BTC/USD faces strong resistance around 200 4HMA, good to sell on rallies

Sep 17, 2015 04:37 am UTC| Technicals

BTC/USD has retreated till $223 after making a high of $246 and is currently trading at $229. Short term trend is weak as long as resistance $250 holds. The major resistance is around $250 and break above will take the...

GBP/JPY forms shooting star pattern ,targets 184.95

Sep 17, 2015 03:57 am UTC| Technicals

Candle stick pattern- Shooting star GBP/JPY has recovered till 187.24 after making a low of 184.25. The pairs major resistance is around 187.50 and any further bullishness only above 187.50. Any break above 187.50...

FxWirePro: USD/CHF faces strong resistance around 0.9770, good to sell on rallies

Sep 17, 2015 03:10 am UTC| Technicals

USD/CHF declined till 0.96695 aftermaking a high of 0. is currently trading at 0.9704. The pair is facing strong trend line resistance around 0.9770 and any intraday jump can be seen only above that level Overall trend...

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