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CAD/CHF Trade Idea

Apr 14, 2016 12:28 pm UTC| Technicals

Major resistance 0.7600 Major support - 0.7400 (55 day 4H EMA) CAD/CHF has made a temporary top around 0.75744 and started to decline from that level. It is currently trading around 0.75098. Short term...

FX Hedging Strategy Series

FxWirePro: GBP/CAD bear trend likely to dig deep tunnels as bears hit fresh 1-year lows - more slumps likely

Apr 14, 2016 11:27 am UTC| Technicals

In last five months, GBPCAD has shown declines from the highs of 2.0949 to the current 1.8185 levels, (i.e. almost 13.19% and a fresh 1-year lows). The pair has consistently been below 21DMA ever since mid of last...

FxWirePro: CAD/JPY faces strong resistance at 86.10, good to sell on rallies

Apr 14, 2016 10:37 am UTC| Technicals

Major resistance- 86.10 (Weekly Kijun-Sen) Major support 84.50 (55 day 4H EMA) The pair has made a high of 85.71 and started to decline from that level. It is currently trading around 85.02. Potential...

FX Hedging Strategy Series

FxWirePro: How does EUR/CAD IV impact Vega puts that in turn boosts delta instruments in hedging strategies?

Apr 14, 2016 10:04 am UTC| Technicals

ATM IVs of EURCAD is rising at 13% for 1w expiries, You may probably know that the options prices are usually directly proportionate the corresponding implied volatility. A security with a higher volatility will have...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Apr 14, 2016 09:24 am UTC| Technicals

Major Resistance - $428 BTC/USD has slightly retreated till $420.57 at the time of writing after making a high of $426.67. It is currently trading around $422. Short term trend is slightly bullish as long as...

FxWirePro: GBP/NZD has strong resistance at 2.0740, good to sell rallies

Apr 14, 2016 08:27 am UTC| Technicals

GBP/NZD has been trading a falling wedge formation and has resumed downside after multiple rejections at wedge top. The pair finds strong resistance at 2.0740 levels. Only breaks above will see upside. On the...

FxWirePro: EUR/SEK remains well supported below key resistance at 9.2050, intraday bias remains neutral

Apr 14, 2016 08:25 am UTC| Technicals

EUR/SEK is currently trading around 9.1863 levels. It made intraday high at 9.2066 and low at 9.1703 levels. Intraday bias remains neutral for the moment. A sustained close above 9.2050 is required to take...

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