FxWirePro: AUD/USD bounces off lows, more upside expected
Mar 11, 2016 15:28 pm UTC| Technicals
AUD/USD edged higher on Friday as the US dollar weakened across the board following ECBs bold easing steps on Thursday. Adding to the Aussie surge was also due to further gain in Crude oil prices, as International...

Mar 11, 2016 14:43 pm UTC| Technicals
AUD/USD is currently the highest implied vols among G20 currency space after USDJPY for 1w expiries and top ranked for 1y tenors or any EM basket and same is the case with realized vols (see IV risk reversal nutshell),...

Mar 11, 2016 12:54 pm UTC| Technicals
Technical glimpse: AUD/USD is failing quite often to break resistance at 0.7513, as a result we think since it doesnt manage to break above decisively which would likely create more bearish potential for aggressive...

FxWirePro: EUR/GBP hedging volumes mounting after ECB - debit combos for upside risks
Mar 11, 2016 11:47 am UTC| Technicals
The above table ranks in shrinking implied volatility among euro currency crosses, euro spiking due to the ECB failed in forward guidance after announcing interest rate to be reduced at 0.0% from 0.05% and deposit rate at...

FxWirePro: US Dollar Index faces strong support around 95.60, good to buy at dips
Mar 11, 2016 11:41 am UTC| Technicals
Major resistance -97 (20 day 4 H EMA) Major support - 95.60 DXY has retreated after making a high of 98.42. It is currently trading around 96.69. Short term trend is slightly bullish as long as support 95.60 holds. On...

CAD/JPY faces strong resistance around 86.14, break above targets 87.05/88
Mar 11, 2016 10:52 am UTC| Technicals
Major resistance - 86.14 (88.6% retracement of 87.04 and 79.27) Major resistance - 84.50 CAD/JPY has recovered after making a low of 84.10. It is currently trading around 86.01. CAD/JPY faces strong...

FxWirePro: Euro IVs drastic cooling off owing to ECB's failure in forward guidance
Mar 11, 2016 10:35 am UTC| Technicals
After ECBs deliverance of more than anticipated has not completely priced in. All FX, equity, bonds and derivatives markets seem to be adjusting. You can observe that from the IV and RR nutshell. Had the ECB announced a...