FX Hedging Strategy Series

FX Hedging Strategy Series

FxWirePro: AUD/CHF attempts to break support at 0.7237 from drop below channel resistance – One Touch Options to speculate

May 03, 2016 06:11 am UTC| Technicals

From last 9 days of down-streak has continued after breaking support at 0.7237levels. The Aussie plunged after the central bank announced its official cash rate cut citing a need to spur the economy and encourage a...

FX Hedging Strategy Series

FxWirePro: Don’t pay premium to buy EUR/USD IVs at bottoms, wait and obtain vol convexity –Alternative FX derivatives to speculate

May 02, 2016 12:26 pm UTC| Commentary

Given the strong probability of higher EUR/USD volatility in the coming weeks, paying a premium for a straddle is less attractive than going long directly via a variance swap. The highlighted odds suggest taking...

FX Hedging Strategy Series

FxWirePro: Load up weights in longs of NZD/JPY put ladder as IVs accelerate in swift pace

May 02, 2016 08:33 am UTC| Commentary

On data front, we have the NZ Q1 labour data on Wednesday. The previous quarters unusually large drop in unemployment (6.0% to 5.3%) is at risk of partially correcting. That will be an important input into RBNZ monetary...

FX Hedging Strategy Series

FxWirePro: NZD/JPY option sensitivity tool in sync with technicals – wise to choose OTM strikes in speculating or hedging vehicles

May 02, 2016 08:17 am UTC| Technicals

NZDJPY OTC observations: From the sensitivity table, it is empathized that the rising vols of OTM strikes are increasing up with progressive numbers, While, higher probability numbers of these OTM put strikes would...

FX Hedging Strategy Series

FxWirePro: Gold risk reversals signal upside risks and 3-Way Straddle versus Put to derive exponential yields

May 02, 2016 07:31 am UTC| Research & Analysis

Gold futures for June delivery on the Comex division of the NYME have jumped again to an intraday high of $1,299.00 a troy ounce, the most since January 2015, before paring gains to end at $1,290.50, up $24.10, or...

FX Hedging Strategy Series

NZD/JPY breaks but hangs on major support at 74.143, more bearish scope upto 72.883

May 02, 2016 06:52 am UTC| Technicals

The pair rallied upto 74.699 after testing supports at 74.143 levels. But during later stage of last week prices have dropped below DMAs after testing stiff resistance at 76.951 levels, as a result weve seen the...

FX Hedging Strategy Series

FxWirePro: Bullion begins month with negligible losses at 15-month highs but trend bullish bias

May 02, 2016 05:21 am UTC| Technicals

Technical Inference: Yellow metal seems to have taken a halt in previous upswings at 1296.54 levels which is a fresh 15-months highs (see red colored circle). The precious metal has been bouncing consecutively...