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EUR/USD consolidates in narrow range, markets await FOMC meeting

Sep 16, 2015 07:05 am UTC| Technicals

EUR/USD trades in narrow range between 1.1370-1.12588 for the past three trading session. Any further break out can be seen only after US Fed meeting which is to be held on Sep 16th. On the downside EUR/USD is facing...

FxWirePro: 1W ATM USD/JPY contracts to perceive highest IV among G7 currency pool – SPL to tackle delta risk reversal

Sep 16, 2015 06:10 am UTC| Technicals

From the above table, we can observe that 1 week contact to perceive higher volatilities on the vege of tomorrows much awaited feds meet, delta risk reversal for this pair is also highest negative values among entire G7...

FxWirePro: Antipodeans trade largely muted, AUD/USD holds tight range

Sep 16, 2015 05:58 am UTC| Technicals

USD broadly offered as markets witness increased bids for safe-havens such as JPY, EUR, CHF and gold Antipodeans trade largely muted, consolidating to the upside after solid gains seen on Tuesday AUD/USD recovered from a...

FxWirePro: AUD/JPY faces strong trend line resistance around 86.35, good to sell on rallies

Sep 16, 2015 05:57 am UTC| Technicals

AUD/JPY has recovered till 86.11 yesterday and started to retreat from that level. Overall trend is still weak as long as trend line resistance 86.35 holds. On the downside minor trend line support is around 85.70 and any...

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

Sep 16, 2015 05:25 am UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1500 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 2.2200/2.2370. The pairs...

FxWirePro: EUR/USD struggles ahead of 1.31 handle, EZ CPI data in focus

Sep 16, 2015 04:37 am UTC| Technicals

USD broadly offered as market drifts on position adjustment ahead of FOMC supporting EUR/USD higher The dollar firmed in Asian trade on Wednesday, buoyed by a rise in U.S. yields after upbeat consumer spending data kept...

FxWirePro: Sell on rallies around 120.40-45 with SL around 120.80 for the TP of 119.80/119.40

Sep 16, 2015 03:17 am UTC| Technicals

USD/JPY is consolidating between 119.60 and 120.65 for the past two trading session on account of FOMC meeting which is to held on Sep 17th 2015. Any further movement can happen above or below this level. On the lower...

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