FxWirePro: TRY hedging drivers and diagonal spread to mitigate long term FX risks
Mar 21, 2016 13:40 pm UTC| Technicals
As the lira is climbing as a result of the dovish Fed, we see the previous risk of an emergency rate hike decreasing significantly. Inflation decelerated to 8.8% y/y in February 2016, down from its 20-month high of...

Mar 21, 2016 13:14 pm UTC| Technicals
Finally, WTI crude oil prices has been able to show some more strength after the talks between Saudi Arabian and Venezuelan oil ministers on oil production freezing. Technical roundup: More bullish environment is...

FxWirePro:DAX30 struggles to close above 10000, good to buy at dips
Mar 21, 2016 12:07 pm UTC| Technicals
Major resistance 10000 (close above 10000) Major support -9780 (55 day EMA) The index has taken support near 9750 55 day EMA) and jumped till 10098 at the time of writing. It is currently trading around...

FxWirePro: EUR/NZD 1M IVs and likelihood to expire ITM and stay hedged via 3-Way straddle vs Call
Mar 21, 2016 11:27 am UTC| Technicals
First and foremost, have a look at the EURNZD ATM IVs of 1 and 3 months tenor (at around 13.5-13.75%) which is why we would advocate the below strategy since more likelihood of underlying spot price swings more...
Mar 21, 2016 10:45 am UTC| Technicals
Euros tepid upswings against Kiwi dollar is constrained at 1.6710 levels, it has been creeping sideways to become an underperformer from couple of days. Shooting star occurs at 1.6566 to signify weakness, even though...
Mar 21, 2016 10:31 am UTC| Technicals
Major support 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as...
FxWirePro: FTSE100 faces strong support at 6140, good to buy at dips
Mar 21, 2016 10:03 am UTC| Technicals
Major Resistance 6240 Major support 6100 FTSE100 has recovered after making a low of 6150. It is currently trading around 6190. Short term trend is slightly bullish as long as support 6140 holds. On...