
Nov 17, 2015 12:12 pm UTC| Technicals
Pattern formed -Triple Top Potential Reversal Zone (PRZ)- 2.033 GBP/CAD has once again retreated after making a high of 2.0325 level. It is currently trading around 2.02390. UK Core CPI( Y-O-Y) is at +1.1%...

FxWirePro: Offsetting USD/CAD via option arbitrage as NPV of ATM puts seem costlier
Nov 17, 2015 12:02 pm UTC| Technicals
The implied volatility of ATM contracts for near month expiries of this the pair is at around 8.9% and for 1w expiry at 8.4%. NPV of 1w ATM put is 552.60 while premiums trading above 19.02% at USD 657.67 for lot size...

CAD/JPY takes support near trend line support, jump till 93.25 is possible
Nov 17, 2015 11:47 am UTC| Technicals
CAD/JPY has recovered till 92.67 at the time of writing and declined till 91.78. It is currently trading around 92.60 The pairs minor resistance is around 92.70 and any break above will take the pair till...

FxWirePro: Employ EUR/USD diagonal backspreads on highest IV and risk reversal among G20 space
Nov 17, 2015 11:21 am UTC| Technicals
As you can observe from the diagram the implied volatility for near month at the money contract of this G7 major has been highest among currency pool, likely to perceive at 12% for 1m expiry. While delta risk reversal...

FxWirePro: EUR/JPY rejected at lows, good to buy dips
Nov 17, 2015 10:45 am UTC| Technicals
A long tail on candlesticks suggests EUR/JPY found buying pressure at lows which saw the pair bounce back from 130.64 levels on Monday The pair stays above the 131 handle, currently trades at 131.43, with immediate...

FxWirePro Daily Currency Sentiment Index
Nov 17, 2015 10:27 am UTC| Technicals
EUR- Weak currency USD- Strong currency Good to short onEUR/USD(Weka currency/ Strong...

FxWirePro: GBP/USD trades higher on stronger core CPI, good to sell on rallies
Nov 17, 2015 09:53 am UTC| Technicals
GBP/USD has recovered from low of 1.5154 till 1.5197 after release of UK CPI data. UK Core CPI( Y-O-Y) is at +1.1% Versus forecast of +1% and Relative price index (RPI) Y-O-Y came at 0.7% compared to forecast of...