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FxWirePro: AUD/USD bounces off 0.7000, quiet Asian equity markets support

Sep 03, 2015 05:05 am UTC| Technicals

AUD/USD was down around 70 pips after weak retail sales data, testing the 0.7000 handle The pair failed to break below and a swift bounce ensued, taking the pair to 0.7020 levels AUD/USD is being supported by quiet Asian...

FxWirePro: Sell USD/CHF above 0.9700 with SL around 0.9640 for the TP of 0.9800/0.9825

Sep 03, 2015 03:09 am UTC| Technicals

USD/CHF is facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness , a jump till 0.9764/0.9800 cannot be ruled out . on the downside minor support is around...

FxWirePro: USD/JPY key resistance at 120.40, bearish in the short term

Sep 02, 2015 14:55 pm UTC| Technicals

USD/JPY rebounded after hitting minor resistance level at 119.66 to reach levels at 120.30 in the European session, however strong resistance can be seen at 120 40 levels, the pair is set to flatter below this level ,...

FxWirePro: GBP/USD key resistance at 1.5351, bearish in the short term

Sep 02, 2015 13:52 pm UTC| Technicals

The cable has continuously declined in the past four sessions to test new lows, having broken 38.2 fib retracement levels, GBP/USD is still under downward pressure and is set to fall further down below. Currently the...

FxWirePro: GBP/USD option strips serving better - delta call yet to function

Sep 02, 2015 13:05 pm UTC| Technicals

Cable is currently trading at spot 1.5275, we suggested this strategy on 28th of last month and we are still eying upon strip straddle because speculating opportunities lingering as the pair has been oscillating on either...

Roller coaster ride in WTI – calls updated

Sep 02, 2015 12:19 pm UTC| Technicals

Todays weekly inventory report is turning out to be make or break event for WTI benchmark as it is testing key interim support at $43.3/barrel. WTI is currently trading around $43.5/barrel area. For the past five days,...

FxWirePro: USD/TRY debit call spread on minor corrections of healthy uptrend

Sep 02, 2015 12:15 pm UTC| Technicals

With swing trading mindset, we are recommending to buy 1M 1% in the money 0.68 delta calls and simultaneously short 7D 1.5% out of the money call, the combined delta value should be around 0.45. Weve shown in the diagram...

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