Nov 27, 2015 08:47 am UTC| Technicals
NZD fell from 0.6597 to 0.6565 before steadying around 0.6570. The resumption of the US dollar uptrend should weigh on the NZD during the next few months. We target 0.62 by year end. The two main factors expected to...
FxWirePro: Dubious on USD/SGD’s uptrend? Then delta hedge ATM calls on puzzling swings
Nov 26, 2015 14:43 pm UTC| Technicals
We dont think any weakness is disrupting ongoing USD/SGDs uptrend. Instead, the prevailing uptrend for USD/SGD seems to be corrected in short term (heading towards 23.6% Fibonacci retracement) But our convictions...
FxWirePro: Gold seems vulnerable in global economic cycle - Stay Hedged with Option Strips
Nov 26, 2015 12:57 pm UTC| Technicals
Fundamental glimpse: For us, global economy looks seems under recessionary cycle as all asset classes have been struggling coupled with some other macroeconomic indicators, as a result golds tumble has also been...
Nov 26, 2015 07:26 am UTC| Technicals
Please observe the IV factor for ATM contracts with 1w expiries. It is creeping down from last weeks 8% to 7.2% for 1 week maturities. On the flip side, EURJPY ATM puts are priced 13.22% above NPV which would mean that...
FxWirePro: AUD/CAD forms double top, bear trend intensifying – speculate with one touch vega puts
Nov 26, 2015 07:21 am UTC| Technicals
Both Intraday and EOD charts signal flaws in this pair that would plunge down up to 0.9599 levels. As shown in the intraday charts, the pair forms double top with peak 1 at 0.9665, peak 2 at 0.9679 and neckline at...
FxWirePro: EUR/JPY weakness bolstering, just 65 pips away from our target - next targets at 128.05
Nov 26, 2015 05:51 am UTC| Technicals
Well, nothing much is happening but tumbling as anticipated earlier. Its advisable to use a combination of patterns and indicators to determine yourtrading strategy on swing trading perspectives. Most probable...
FxWirePro: Stay long in USD/TRY via debit call spread on healthy uptrend
Nov 25, 2015 14:11 pm UTC| Technicals
On swing trading perspectives, we are recommending to buy 1M 1% in the money 0.68 delta calls and simultaneously short 1w (0.5%) out of the money call with positive theta, the combined delta value should be around...
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