FxWirePro: GBP/AUD CRBS for risk averse as hedging material
Sep 03, 2015 12:23 pm UTC| Technicals
Hedge Perspectives: Call backspreads Buy 1M (2%) 2 lots of out of the money 0.35 delta calls, on expiry that would discount everything high impact news scheduled in September month while shorting 15D (-1.85%) in the...
FxWirePro: EUR/GBP faces strong support at 0.7300, good to buy at dips
Sep 03, 2015 12:20 pm UTC| Technicals
RES 4 : 0.7480 RES 3: 0.7420 (Aug 24th high) RES 2: 0.7380 RES 1: 0.7350 (61.8% retracement of 0.7420 and 0.7250) PRICE: 0.7348@ 12:20 GMT SUP 1: 0.7336 (20 day 4 HMA) SUP 1: 0.7291( 55 day 4 HEMA) SUP...

FxWirePro: EUR/USD option strips to hedge further slumps - Greeks to manage strategy
Sep 03, 2015 12:10 pm UTC| Technicals
Execution: The spot EURUSD is flashing at 1.1230 and we think the prices will make a significant move most likely in a downward direction. At the money 2M 0.51 delta calls (strike 1.1230) are trading at US$ 2175.48 and it...

EUR/AUD faces strong resistance around 1.6130, break above targets 1.6280
Sep 03, 2015 12:09 pm UTC| Technicals
EUR/AUD has made a high of 1.6129 and slightly retreated till 1.5886 from that level. It is currently trading at 1.6014 level. Overall trend is still bullish as long as support 1.5840 holds. Any break below 1.5840...
FxWirePro: GBP/USD key resistance level at 1.5301, bearish in the short term
Sep 03, 2015 12:09 pm UTC| Technicals
The cable is has broken strong support level at 1.5301 and is approaching to test next support level at 1.5261. A breakout at the said resistance level will unleash a strong bearish momentum which may drag the pair all the...
FxWirePro: EUR/USD key support at 1.1220, bearish in the short term
Sep 03, 2015 12:07 pm UTC| Technicals
EUR /USD fell back from 1.1244 levels, after failing to break minor resistance at 1.1244 levels. The pair has started to decline and is all set to test support level at 1.1220 levels, as the euro is weaker across the board...
FxWirePro: EUR/USD shows muted reaction post-ECB, awaits Draghi’s presser
Sep 03, 2015 11:59 am UTC| Technicals
EUR/USD trades around 1.1230, largely unchanged after the ECB decision, markets now await Draghis presser at 1230 GMT The European Central Bank (ECB) in line with widespread expectations, left interest rates...