
FxWirePro: USD/CAD IVs to shrink (1M-6M) - Why do put ladders seem better over put ratio spreads?
Mar 23, 2016 11:28 am UTC| Technicals
The implied volatility of USDCAD has been bullish neutral for 3M expiries among G7 currency segment contemplating risk reversal signals. At spot ref: 1.3074, go long in 2M USD/CAD put ladder (strikes...

Mar 23, 2016 10:55 am UTC| Technicals
On daily chart, although the prices are trying bounce from last 3-4 days, now remained well below 7 21DMA. Current prices are testing resistance at 7DMA. While breaking channel support, a resembling bearish...

FxWirePro: EUR/JPY breaks major resistance at 125.95, targets 126.70
Mar 23, 2016 09:44 am UTC| Technicals
EUR/JPY has broken above strong trendline resistance at 125.95, could see test of 126.70. The slump yesterday was short lived and held the short term uptrend at 124.72 and the 20 day ma continues to hold on a closing...

FxWirePro: NZD/CAD sees strong support at 0.8778, short on breaks below
Mar 23, 2016 08:56 am UTC| Technicals
NZD/CAD is holding above strong trendline support at 0.8778, breaks below could see test of 0.8710. NZD/CAD weekly charts show that downtrend for the pair is intact and we see scope for tests of 85.85 in the...

FxWirePro:BTC/USD recovers after making a low of $403, good to sell on rallies
Mar 23, 2016 08:50 am UTC| Technicals
Major resistance - $436 (trend line joining $502.48 and $465) BTC/USD has recovered after making a low of $403. It is currently trading around $415. Short term trend is slightly weak as long as resistance $436...

FxWirePro: US treasury forward vols and gamma seem better for hedging after FOMC
Mar 23, 2016 08:47 am UTC| Technicals
U.S.5Y treasury yield is flashing at 1.41% an increase from previous 1.38%, up about 2.61%. 14-day Real Strength - 55.11% 14-day Stochastic %K - 29.95% 14-day Stochastic %D - 35.61% With 5yT yields down 15bp on...

USD/CNY breaks key resistance at 6.4910, good to buy on dips
Mar 23, 2016 08:02 am UTC| Technicals
USDCNY is currently trading around 6.4953 levels. It made intraday high at 6.4955 and low at 6.4880 levels. Intraday bias remains bullish for the moment. A sustained break below 6.4910 will tests another...