Jan 05, 2016 12:21 pm UTC| Technicals
The pair has evidenced steep slumps about 1.70% or 250 pips exactly within 1 week. So, no panic for bears, even if we may see some abrupt bounces as major trend seems to be strongly bearish in long term, below...
FxWirepro: GBP/AUD diagonal straps to monitor puzzling swings on speculative basis
Jan 05, 2016 07:33 am UTC| Technicals
Dear readers, we would like to run you through our recent write up before begin with this derivatives strategy, we can vouch for sure that this would give us the hints on trend directions of this pair. Check out the...
FxWirePro: EUR/AUD’s inching higher on trend line support; option straps to hedge upside risks
Jan 05, 2016 06:12 am UTC| Technicals
Technical Glance: On weekly charts, the pair has tested trend line support at around 1.49 levels. After a downtrend, this seems 2nd strong attempt of recovery by bulls because prices hesitated their move downward by...
FxWirePro: EUR/USD tops IVs among G10, deploy vega puts in diagonal back spreads for tight hedging
Jan 04, 2016 13:22 pm UTC| Technicals
It is unlikely to regard EUROs sustainably higher until there is real domestically generated inflation. Headline inflation has been dragged down by energy prices but even core inflation is soft (particularly in...
Jan 04, 2016 09:06 am UTC| Technicals
Following the post ECB easing season in early December that has delivered less than forecasted, subsequently the SNB also stood pat from easing. It still threatens to do more if necessary but shows a reluctance to deliver...
FxWirePro: GBP/JPY ATM gamma puts in back spreads to monitor hedging objectives
Jan 04, 2016 07:51 am UTC| Technicals
The New Year series for GBPJPY has been unpleasant as we traced out gap down opening at 177.084 with day intraday lows at 175.796. Thereby, the pair has achieved our 1st targets at 177.125 and now our second target 175...
FxWirePro: EUR/CAD trade with strips and hedge with collars
Dec 31, 2015 10:58 am UTC| Technicals
From last 2 weeks price jump in EURCAD has stalled resistance of 1.53 levels, once again this week prices have dropped just below 1.53 areas suggesting that EURCAD seems vulnerable for some decline lower if it holds this...