CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Woodies Pivot(Major) 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance, it looks like the pair has set up a new stage for its bull run as you can make out from strong bull candles with volume confirmation with all leading technical oscillators are positively converging.
Why ratio spread: This is an income strategy. You are looking for a net credit if the stock stays within a range or rises.
Execution: EURAUD is currently trading at 1.5753. Short two lots of next month OTM strike puts.
Buy one deep OTM strike put of the same expiry.
Advantage: This position will be profitable if the EURAUD stays within a range.
Risk/Reward Profile: There is unlimited risk in this position, with capped reward.
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©Econometrics LLC . All Rights Reserved.
FxWirePro: EUR/AUD tests trendline support at 1.5599 – put ratio spread for swing trading
Friday, August 28, 2015 9:15 AM UTC
Editor's Picks
- Market Data
Most Popular
