Apr 12, 2016 13:09 pm UTC| Commentary Central Banks
As we could see the change in delta risk reversal numbers into negative territory, that signals underlying pair would resume its bearish travel in next 1 weeks time. Since, the bank lending in Japan rose 2.0%, compared...
Apr 12, 2016 12:49 pm UTC| Technicals
Well, we kept urging for GBPAUDs weakness ever since the formation of gravestone doji and hanging man patterns in last September and November, now almost within 1-months time frame, it has shown declines of 0.37% (from...
Apr 12, 2016 12:07 pm UTC| Commentary Economy
USD/BRL Increased odds of a presidential impeachment pushed USD/BRL below 3.60 for the first time since August. A change in administration, however, does not guarantee new policies to address Brazils fiscal and economic...
FxWirePro: Capitalize on AUD/CAD's mild IVs for
Apr 12, 2016 09:26 am UTC| Technicals
Technical Glimpse: Although it has taken support at 0.9792 (channel resistance), bullish momentum is not convincing on technical indicators. It is now facing a stiff resistance at 0.9880 levels (i.e. near...
Apr 12, 2016 07:42 am UTC| Commentary
At the moment both intraday buying sentiments signal little upside potential as we observed the pair has currently been unable to breach and sustain channel resistance at 0.9880 levels where prices were rejected in the...
Apr 12, 2016 06:57 am UTC| Technicals
In March month, it has completely shown whipsaws on DMAs and on resistance at 0.9955 levels (see daily chart). Their bearish effects have now been seen considering previous rallies. Although it has taken support at...
FxWirePro: Book profits in AUD/JPY's
Apr 12, 2016 05:49 am UTC| Technicals
Lets begin with the review of strategy performance that weve advocated on 1st of April, we came up with credit call spreads (1% ITM call shorts and long on 1% OTM call). Those who executed this at that juncture would have...