FxWirePro: Aggressive bears preferring EUR/CHF backspreads i/o option strips to reduce hedging cost
Nov 24, 2015 13:58 pm UTC| Technicals
From the nutshell, 25-delta risk of reversals of EUR/CHF the second most expensive pair to be hedged for downside risks after AUDUSD as it indicates puts have been over priced. Delta risk reversals of EURCHF for next 6...
FxWirePro: Back testing of EUR/CHF risk reversals - volatility smiles suggest OTM instruments
Nov 24, 2015 13:23 pm UTC| Technicals
In a true smile, options with an at-the-money strike are priced with a lower volatility than out-of-the-money and in-the-money volatility strikes. Such market occurrences are observable in the EURCHF FX OTC market. For...
Nov 24, 2015 11:52 am UTC| Technicals
Long term harmonic Pattern: Bearish Butterfly Pattern Short term Harmonic Pattern- Bullish Cypher pattern Long term Potential Reversal Zone -101.52 (161.8% retracement of 98.33 and 93.16) Short term Potential Reversal...
FxWirePro: Glimpse on AUD/USD’s higher IV and how to beat HY vols
Nov 24, 2015 11:46 am UTC| Technicals
From the table showing implied volatility one can make out, at the money contracts of AUDUSD pair for near month expiry has been highest among G20 currency segment after EURUSD, IV is close to 12% levels for next 1m...
FxWirePro: AUD/USD outlook – heading higher amid selling pressure
Nov 24, 2015 11:29 am UTC| Technicals
Australian Dollar is facing selling pressure due weakness of its key exporting commodities such iron ore and coal. Moreover Dollar side of the leg is likely to remain well-bid heading into US Federal Reserves rate setting...
FxWirePro: CAD/JPY trades below trend line support, good to sell on rallies
Nov 24, 2015 11:25 am UTC| Technicals
CAD/JPY has once broken trend line support 92.05 (trend line joining 88.69 and 90.61) and declined till 91.65. Short term trend is bearish as long as resistance 92.50 holds. The pairs short term resistance is around...
FxWirePro: Cable forms bullish Cypher pattern, good to buy at dips
Nov 24, 2015 11:06 am UTC| Technicals
Harmonic Pattern Formed- Bullish Cypher pattern Potential Reversal Zone (PRZ)- 1.5078 Cable has declined till 1.5100 after breaking minor support 1.5150. It is currently trading at 1.51233. Any break below 1.5050...
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