FxWirePro: CAD/JPY struggles to close above 93, good to buy at dips
Nov 18, 2015 08:30 am UTC| Technicals
CAD/JPY has made a high of 92.78 and declined till 92.51. It is currently trading around 92.65 The pairs minor resistance is around 92.80 and any break above will take the pair till 93/93.25. Overall trend...
Nov 18, 2015 08:26 am UTC| Technicals
In our recent post weve learnt that the risk reversals help in various dimensions especially in the context of IVs. Please observe how delta risk reversal numbers are getting higher negative values gradually in the long...
FxWirePro: Why buying EURO risk reversal in the context of IVs? A brief run through
Nov 18, 2015 08:18 am UTC| Technicals
Form the nutshell evidencing 25 delta risk reversal, one can understand Euro currency crosses are expected to sense heavy stress on downside risks. EURUSD and EURJPY are displaying highest negative values in 1 year...
FxWirePro Chart Patterns: GBP/USD forms Triple Top, sell on rallies
Nov 18, 2015 07:17 am UTC| Technicals
Pattern formed- Triple top Intraday Trend reversal level- 1.5250 Cable has formed temporary top around 1.5250 and retreated from that level. It is currently trading at 1.51978. Any break above 1.5250 will...
FxWirePro Chart Breakout: AUD/CHF breaks 0.7205, buy on dips
Nov 18, 2015 07:15 am UTC| Technicals
Break out level- 0.7205 (trend line joining 0.7139 and 0.7164) The pair has broken a major resistance 0.7205 and jumped till 0.72380. It is currently trading at 0.72114. On the downside the support is around...
FxWirePro: Deploy bull back spread on AUD/JPY’s HY vols
Nov 18, 2015 06:51 am UTC| Technicals
Aussie dollar has been in good mood of buying against Yen, it is now making an attempt of recovery a bit as both technical and fundamental indicators are signaling buying sentiments, and weve run through the bullish...
FxWirePro: AUD/JPY long entry triggered after clear confirmation of break out of apex point
Nov 18, 2015 05:42 am UTC| Technicals
The pair has been able to break out above the crucial apex point of symmetric triangle at around 86.738 on 11th and soon after that event travelled up to 87.952 where it has surpassed 87.562 which is resistance at that...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects