FxWirePro: EUR/USD diagonal straps more suitable for risk averse
Jan 26, 2016 11:36 am UTC| Technicals
Hedging sentiments in OTC markets are retrogressive to what weve been seeing from last couple of months, to keep it precise we could notice neutral to slightly bullish hedging arrangements for next 1W-1M expiries (see risk...
Jan 26, 2016 11:25 am UTC| Technicals
Major resistance - 1.4314 (55 day 4 H EMA) Loonie has broken major resistance 1.4314 and jumped till 1.4180. It is currently trading around 1.4310. Short term trend is slightly bullish as long as support 1.4250...
FxWirePro:USD/CHF faces strong support around 1.0500, good to buy at dips
Jan 26, 2016 10:25 am UTC| Technicals
USD/CHF has broken major resistance 1.0150 and jumped till 1.01670. Short term trend is bullish aslong as support 1.0500 holds. Any break above 1.0150 confirms minor trend reversal a jump till 1.018/1.0250 is...
FxWirePro: EUR/USD bearish trend moves in narrow range – IVs and risk reversals justify the same
Jan 26, 2016 09:38 am UTC| Technicals
Lets have a look on IVs inching lower in next 1months time, as the pair forms whipsaw patterns that is moving in narrow range and lingering on 21DMA curve 07th Jan. Ever since the price approached 21DMA curve it has...
FxWirePro: Derivatives perspectives for antipodean currencies
Jan 26, 2016 08:36 am UTC| Insights & Views Technicals
The risk bias to Antipodean currencies remains firmly to the downside here onwards in 2016. The prospect of lower Chinese growth and weaker commodity prices, the risk of a more aggressive tightening cycle from the Fed as...
Jan 26, 2016 08:12 am UTC| Technicals
The net exports of Australia added 1.5%pts to headline growth, but at least in part that was an unwind of Q2 weather-related weakness. There is limited evidence of a boom in non-resource exports or business investment,...
Loonie breaks major resistance 1.3140, break above targets 1.440
Jan 26, 2016 07:57 am UTC| Technicals
Major resistance - 1.4314 (55 day 4 H EMA) Loonie has broken major resistance 1.4314 and jumped till 1.4180. It is currently trading around 1.4310. Short term trend is slightly bullish as long as support 1.4250...
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