FxWirePro: USD/JPY consolidating around 118.15, bias is bullish
Jan 14, 2016 19:46 pm UTC| Technicals
USD/JPY has strongly rebounded after hitting support level at 117.22 and is inching to test resistance level at 118.35, the support level at 117.50 is set to limit any downside and push the pair towards higher levels in...
FxWirePro: USD/CAD heads upwards as crude oil prices hovers around 12 year low
Jan 14, 2016 15:30 pm UTC| Technicals
Canadian dollar has continued to decline against US dollar on Thursday, after crude oil prices once again slipped fell $ 30 a barrel. The outlooks for crude remains bearish as the demand are slowing and there is over...
FxWirePro: EUR/USD breaks resistance at 1.0850 levels, scope for further upside
Jan 14, 2016 14:43 pm UTC| Technicals
The pair found renewed bullish momentum after breaking resistance level at 1.0850 and is inching upwards to test next resistence level at 1.0950. The pair is trading around 1.0908 levels and it is expected advance...
FxWirePro: GBP/USD strongly bearish despite upside attempts
Jan 14, 2016 14:02 pm UTC| Technicals
GBP/USD Initially declined to hit low at 1.4362 levels before rebounding back towards 1.4409 levels after Bank of England minutes showed 8-1 voting in keeping the interest rate unchanged. The ongoing weakness is set...
FxWirePro: EUR/USD diagonal PRBS for hedging swings with reduced
Jan 14, 2016 13:49 pm UTC| Technicals
As you can observe from the table showing implied volatilities of ATM contracts edging higher which is highest among G10 currency space (EURUSD of 1W-1M expiries show 11.9% and 9.93%). While risk reversal is seen...
FxWirePro: Buying interest seen in EUR/USD range but 23.6% fibo acting as tight resistance
Jan 14, 2016 13:40 pm UTC| Technicals
EURUSD swings are evidencing range between 1.1050 - 1.0709. We can see some bounces in the weeks to come but should not exceed 1.1050 in short run, 1.1261 a stiff resistance should be held tighter just in case 1.1050...
FxWirePro: EUR/GBP OTC market study signals us trend reversal - bull spreads back in action
Jan 14, 2016 12:44 pm UTC| Technicals
The implied volatility of ATM contracts for near month expiries of this the pair is at around 10%. NPV of ATM call - 504.48 while Premiums trading 13.73% more than NPV at GBP 573.75 for lot size 100,000 units. NPV of...
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