
FxWirePro: Kiwi erases previous loss against Aussie after better than expected trade balance data
Mar 24, 2016 01:00 am UTC| Technicals
AUD/NZD is hovering around 1.1200 marks. Pair made intraday high at 1.1237 and low at 1.1193 marks. New Zealand recorded its highest trade surplus in nine months in February as exports rose further than...
FxWirePro: EUR/USD pauses decline, downside risk remains intact
Mar 23, 2016 15:18 pm UTC| Technicals
EUR/USD has declined sharply to hit low at 1.4885 levels. However, after finding support at 1.1160 levels the pair has recovered to trade around 1.1175 levels. Currently the pair trying to consolidate above 1.1160...
Mar 23, 2016 12:29 pm UTC| Technicals
The implied volatilities of ATM contracts are just shy above 7% for next 3 months tenors, whereas risk reversals have been bearish neutral. So if anyone believes it can still be possible to pull out returns from this...

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...