FxWirePro: What does NZD/USD shooting star and long legged doji appearance at resistance mean?
May 26, 2016 06:05 am UTC| Technicals
Shooting star and long legged doji have occurred at 0.6851 and 0.6758 levels respectively. Both bearish patterns appeared to break below resistances at 0.6843 and 0.6750 levels respectively and tells a lot about...
May 25, 2016 12:28 pm UTC| Research & Analysis
As accurately anticipated in our earlier write up on option strategy of short put ladder, IVs have shrunk or steady, while underlying spot has been inching higher towards 74.462 levels. Thereby, the shorts in advised...
May 25, 2016 12:05 pm UTC| Insights & Views
CrudeOil is pulling away from the markets biggest stormin seven years. A measure of price volatility has tumbled from the highest level since January 2009 as the market frenzy eases amid a potentialpact between the worlds...
May 25, 2016 09:03 am UTC| Research & Analysis Insights & Views
In next two months will see several developments, including notably the UK Brexit vote and the June FOMC meeting. While, the EUR/JPY 2m risk reversal is trading at extreme historical highs in favour of yen calls, close...
May 25, 2016 07:37 am UTC| Commentary
Macro views: We continue to maintain our bearish stances in this pair as the ongoing downtrend to prevail further as Japan produced healthy trade balance numbers, Japan recorded a 823.47 JPY billion surplus in April of...
FxWirePro: Hedging via IRS derivatives -
May 24, 2016 11:57 am UTC| Insights & Views Commentary
An overvalued exchange rate in SGD and a central bank that is slow and reactive to the downside risks to its forecasts leaves us comfortable with an underweight SGD view. The combination of low implied volatility and...
FxWirePro: EUR/CHF IVs least among G10 currency space -
May 24, 2016 11:43 am UTC| Research & Analysis
ATM IVs of 1w expiries are just shy above 4%, and likely to pick up pace. Growing in snails pace even in 3m tenors. As a result, the delta neutral trading strategy in this case involves the buying of a theoretically...