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FxWirePro: USD/CAD key support at 1.3256, buy deals are recommended around 1.3280

Nov 24, 2015 15:40 pm UTC| Technicals

USD/CAD slipped backwards after the release of US GDP data in the early US session. However, after finding minor support at 1.3315 levels, the pair has rebounded to trade around 1.3330 levels. The pair remains in bullish...

FxWirePro: EUR/USD key resistance at 1.0693, sell deals are recommended around 1.0680

Nov 24, 2015 15:21 pm UTC| Technicals

EUR /USD pair advanced against US dollar in todays European session after buyers stepped in, however, the gains were limited as the pair fell back towards 1.0640 levels after hitting minor resistance at 1.0671...

FxWirePro: USD/JPY key support at 121.97, buy deal are recommended around 122.20

Nov 24, 2015 15:01 pm UTC| Technicals

USD/JPY dropped towards 122.34 levels during early European hours. However after the US market opened the pair has rebounded strongly above 122.30 support levels and is approaching resistance level at...

FX Hedging Strategy Series

FxWirePro: Aggressive bears preferring EUR/CHF backspreads i/o option strips to reduce hedging cost

Nov 24, 2015 13:58 pm UTC| Technicals

From the nutshell, 25-delta risk of reversals of EUR/CHF the second most expensive pair to be hedged for downside risks after AUDUSD as it indicates puts have been over priced. Delta risk reversals of EURCHF for next 6...

FX Hedging Strategy Series

FxWirePro: Back testing of EUR/CHF risk reversals - volatility smiles suggest OTM instruments

Nov 24, 2015 13:23 pm UTC| Technicals

In a true smile, options with an at-the-money strike are priced with a lower volatility than out-of-the-money and in-the-money volatility strikes. Such market occurrences are observable in the EURCHF FX OTC market. For...

Dollar Index Trade Idea

Nov 24, 2015 11:52 am UTC| Technicals

Long term harmonic Pattern: Bearish Butterfly Pattern Short term Harmonic Pattern- Bullish Cypher pattern Long term Potential Reversal Zone -101.52 (161.8% retracement of 98.33 and 93.16) Short term Potential Reversal...

FX Hedging Strategy Series

FxWirePro: Glimpse on AUD/USD’s higher IV and how to beat HY vols

Nov 24, 2015 11:46 am UTC| Technicals

From the table showing implied volatility one can make out, at the money contracts of AUDUSD pair for near month expiry has been highest among G20 currency segment after EURUSD, IV is close to 12% levels for next 1m...

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SpaceX Shares Surge as Wall Street Backs AI Growth Potential

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