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FxWirePro: Yen’s gains on cards ahead of FOMC meet – active longs in put ladder to leverage profitability

Oct 28, 2015 08:06 am UTC| Technicals

The pair is most likely to perceive reducing implied volatility close to 9% of 1M ATM contracts that has reduced from 1Ws vols. Thus, we recommend holding longs on put ladder spreads that contained proportionately less...

FxWirePro: GBP/USD breaks minor trend line support, good to sell on rallies

Oct 28, 2015 07:59 am UTC| Technicals

Cable has broken major trend line support around 1.5300 (trend line joining 1.5106 and 1.5199) and break below confirms short term weakness, a decline till 1.5260/1.5200 is possible. On the higher side major trend...

FX Hedging Strategy Series

FxWirePro: Delta risk reversal signals overpriced calls – capitalize on USD/JPY call ratio spreads for speculating

Oct 28, 2015 07:31 am UTC| Technicals

From the nutshell showing delta risk reversal of ATM contracts, it is understood that the ATM calls have been on high demand (this is just the resultant sentiments from recent rallies) and looks overpriced which divulges...

CHF/JPY breaks major trend line support, decline till 120 is possible

Oct 28, 2015 06:58 am UTC| Technicals

CHF/JPY has broken trend line support around 122.40 (trend line joining 119.89 and 122.07) and declined till 121.93. Short term trend is bearish as long as resistance 123 holds. The pairs major support is around...

FxWirePro: EUR/PLN rejected at highs, breaks below 4.2770 could take the pair to 4.2580 levels

Oct 28, 2015 06:50 am UTC| Technicals

EUR/PLN is currently trading at 4.2802, slightly lower from session highs at 4.2852. The pair was rejected at 4.2917 on Tuesday, but still hovers near nine-month highs of 4.2939 hit on 22nd Oct Converging 10 DMA...

FX Hedging Strategy Series

FxWirePro: Stay strongly positioned in GBP/JPY PRBS – hard currency seems to dip further

Oct 28, 2015 06:04 am UTC| Technicals

Everything going in the Yens favor as predicted in our previous write up. We have been already reiterating bearish trend and advised suitable hedging call in our previous articles as well on 2ndOctober, 7th and again on...

CAD/JPY breaks trend line support, targets 89.70

Oct 28, 2015 05:52 am UTC| Technicals

CAD/JPY has broken trend line support around 90.90 (trend line joining 91.47 and 91.11) and this confirms short term weakness , a decline till 89.71 is possible. On the downside minor support is around 90.50 and any...

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Economy

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Science

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Technology

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