FxWirePro: AUD/JPY finds stiff resistance at 65.70, good to go short on upticks
Apr 03, 2020 07:45 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading largely unchanged at 65.35 at around 07:35 GMT, slipping lower from session highs at 65.61. The pair was capped at 5-DMA resistance at 65.64, scope for downside...
Apr 03, 2020 05:35 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading 0.22% higher on the day at 0.6071 at around 05:00 GMT, bias neutral. The Aussie dollar fails to benefit from above-forecast Aussie retail sales data and a rebound in...
Apr 03, 2020 03:57 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY has erased early gains and was trading rangebound around 108 handle, down from session highs at 108.19. Lingering concerns over the Japanese outbreak of COVID-19 would potentially...
FxWirePro: Heads-Up on ZAR Valuations & Hedging Possibilities
Apr 02, 2020 13:10 pm UTC| Research & Analysis Insights & Views
There are some technical positives for ZAR, which under normal circumstances may be sufficient to stabilize the currency, but amid end-of cycle concerns are probably not a good guide. For completeness, we review valuation...
FxWirePro: Spotlight On Implied Vs Realized Spot/Vol Correl For G10 FX-Bloc
Apr 02, 2020 12:49 pm UTC| Research & Analysis
For two USD/ccy pairs, one can simply compare the level of implied correlation (for simplicity, by referring to the ATM levels as discussed above) with the relative sign of USD riskies. On the occasions where the pricing...
FxWirePro: Quick Glance At EMFX Vols And Trades
Apr 02, 2020 12:03 pm UTC| Research & Analysis
FX vol curves, despite the recent retracement, remain still heavily inverted, offering a value in owning fwd vol at a discount vs. spot vol. Last week, we noted USDMXN and USDRUB as two notable candidates in fwd vol...
FxWirePro: Daily Commodity Tracker - 2nd April, 2020
Apr 02, 2020 11:55 am UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Neutral Oscillators: Oversold (on verge of rollover into neutral) Bollinger Bands: Shrinking on Daily charts, Widening...