FxWirePro: NZD short hedge in tandem with technical and fundamental projections in Q1’2018
Dec 28, 2017 07:56 am UTC| Research & Analysis Insights & Views Technicals
Glimpse through technical and fundamentals: Technically, NZDUSD intermediate bulls test support at 50% Fibonacci retracements from the highs of 0.7558 levels. Ever since then, sharp rallies have gone above 7EMA. Your...
Dec 28, 2017 07:48 am UTC| Research & Analysis Insights & Views
If the RBNZ remains inflexibly on hold, as widely anticipated, and the US dollar rises on the expectation of further Fed interest rate rises in 2018, then NZDUSD should drop to 0.67 over the next few months. OTC Outlook...
Dec 28, 2017 06:59 am UTC| Research & Analysis Technicals
NZDUSD intermediate bulls test support at 50% Fibonacci retracements from the highs of 0.7558 levels. Ever since then, sharp rallies have gone above 7EMA. For now, the current prices are hitting 2-months highs. Your...
FxWirePro: EUR/GBP technical, OTC indications in sync with fundamental driving forces
Dec 27, 2017 13:19 pm UTC| Research & Analysis Central Banks Technicals
The sterling has continued its consolidation phase, so is the case with EURGBP but in a narrow range so far (0.9032 0.8689 range from last 3 months or so). In this the holiday period, we sit in the middle of this range...
Dec 27, 2017 12:40 pm UTC| Research & Analysis Technicals
The EURCHFs projection is for a return to 1.20 by 2Q18 and the current price behavior is well on track of this target. Bulls spike above DMAs in rising channel, sensing more buying sentiments upon bullish DMAs crossover...
FxWirePro: G10 and EMFX options analytics – Spot and options dynamics
Dec 27, 2017 11:05 am UTC| Research & Analysis Insights & Views
DXY tracking the U.S. unit against a basket of major currencies, fell 0.09 percent, with the euroalso down 0.05 percent to $1.1862. FxWirePros currency strength index showing hourly USD performance is inching towards -117...
FxWirePro: Crude price oscillation and NAFTA frictions in 2018 to offer cheap vol trading prospects
Dec 27, 2017 09:57 am UTC| Research & Analysis Insights & Views
Crude oil withstood a wild ride over the past two weeks, first breaking above $65/bbl (Brent) on news of the Forties pipeline outage but collapsing after on increased rhetoric around exit strategy from the current...