FXWIREPRO: GBP/JPY Option Premiums Move in Sync With Ivs - Risk Averse can Go With Strips Combination for Hedging Let's have a glance on the implied volatilities of GBPJPY ATM puts of 1W expiries that are the highest in G7 currency segment in OTC markets, 13...
Analytics & Forecasts
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29 March 2016, 10:24
FXWIREPRO: EUR/JPY Faces Major Resistance at 127.25, Bullishness Only on Breaks Above EUR/JPY edges higher on the day, but remains capped below strong trendline resistance at 127.25. Breaks above will see further upside, gains till 127.78 (daily cloud base) then likely...
Analytics & Forecasts
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29 March 2016, 09:59
NZD/CAD Faces Strong Resistance Around 0.8920, Break Above Targets 0.9000 Major resistance – 0.8920 The pair has recovered after making a low of 0.88537. it is currently trading around 0.89025. NZD/CAD major resistance is around 0...
Analytics & Forecasts
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29 March 2016, 09:55
FXWIREPRO: EUR/AUD Bounces Off Trendline Support, Good to Buy Dips EUR/AUD has bounced off trendline support around 1.4785 and is currently trading at 1.4821 levels. Stochs have rolled over from oversold region and RSI is biased north. The pair finds resistance at 1...
Analytics & Forecasts
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29 March 2016, 09:54
US Consumers Unlikely to be Supportive of US Economy in Q1 2016 US recorded modest growth of 0.2% m/m in personal income in February, as compared with consensus expectation of 0.1% growth. Real disposable income, excluding taxes and inflation, grew strongly by 0.3% m/m. Personal spending grew 0...
Market News
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29 March 2016, 09:50
Australian Bonds Flat Despite Weak U.S. Data The Australian 10-year bond yield is unchanged on Tuesday despite weaker U.S. economic data which dampened expectations of further US rate rises. Moreover, U.S. Commerce Department in its report revealed that personal spending rose tad +0...
Market News
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29 March 2016, 09:47
FXWIREPRO: EUR/GBP Holds Minor Support at 0.7857, Weakness Only on Breaks Below EUR/GBP holds above hourly 10 DMA support at 0.7857, weakness seen only on breaks below. The pair is currently trading around 0.7862, technicals on hourly charts indicate further gains...
Analytics & Forecasts
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29 March 2016, 09:45
FXWIREPRO: AUD/NZD Falls Below 1.12 Mark, Good to Buy on Dips AUD/NZD is trading around 1.1193 marks. Pair made intraday high at 1.1221 and low at 1.1291 marks. Intraday bias remains bearish till the time pair holds initial resistance at 1.1252 levels. A daily close below 1...
Analytics & Forecasts
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29 March 2016, 09:42
Yen Falls Against Majors The Japanese yen weakened against the other major currencies in the Asian session on Tuesday. The yen fell to nearly a 2-month low of 116.69 against the Swiss franc and more than a 2-week low of 127.23 against the euro, from yesterday's closing quotes of 116.44 and 126...
Analytics & Forecasts
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29 March 2016, 09:40
Gold Technical Analysis for March 29, 2016 Gold is trading inside a downward sloping channel. However, there are increased chances of a bigger bounce this week towards $1,240. Downside is limited to $1,200-$1,190 if we break below $1,208...
Analytics & Forecasts
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29 March 2016, 09:34 #gold, technical analysis