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USD/CHF breaks minor resistance 1.00350, targets 1.01250/1.0180

Jan 13, 2016 09:41 am UTC| Technicals

USD/CHF has broken major resistance 1.00350 and jumped till 1.00650. Short term trend is slightly bullish as long as support 0.9960 holds. The pair has made a low of 0.9960 yesterday and recovered from that level. It...

FxWirePro: GBP/AUD faces strong resistance at 2.095, good to sell on rallies

Jan 13, 2016 08:46 am UTC| Technicals

GBP/AUD has broken trend line support 2.052 and declined till 2.0478. It is currently trading at 2.0520. Short term trend is still weak as long as resistance 2.095 holds. On the lower side major support is...

FX Hedging Strategy Series

FxWirePro: AUD/USD higher IVs and risk reversals keep import exposures hedged with 3:2 backspreads

Jan 13, 2016 08:15 am UTC| Technicals

From the nutshell, one can make out AUD/USD is the pair to perceive highest IVs with most expensive puts for hedging downside risks. 25- Delta risk reversal attributes the premiums of AUDUSD puts and calls on the most...

Why and how do you need to ponder upon AUD/USD when IVs and risk reversals highest among G20 space

Jan 13, 2016 08:02 am UTC| Technicals

From the nutshell, one can make out AUD/USD is the pair to perceive highest IVs with most expensive puts for hedging downside risks. These highly negative risk reversal numbers of AUDUSD with higher IVs shown in the...

FX Hedging Strategy Series

FxWirePro: USD/JPY put ladder option swing trading setup

Jan 13, 2016 07:03 am UTC| Technicals

Capitalize on minor upswings in short run for shorts side, keep longs for certain bearish trend to prevail in medium term: We could foresee Yens continued gains against dollar in medium term perspectives (lets say next...

AUD/CHF Trade Idea

Jan 13, 2016 07:00 am UTC| Technicals

AUD/CHF has recovered after making a low of 0.69215. It is currently trading around 0.7068. Major resistance - 0.7060 (trend line joining 0.73125 and 0.7252) The pair has broken major resistance 0.7060 and...

FxWirePro: AUD/JPY weakness only on breaks below 82, stay long for 83.90

Jan 13, 2016 06:48 am UTC| Technicals

AUD/JPY has on the day breached 5-DMA resistance at 82.29 and is currently trading at 82.97, paring some gains from session highs at 83.40. We see weakness for the pair only on break below 82, which is strong support...

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