Mar 01, 2016 11:48 am UTC| Technicals
The recent market focus on the EU referendum has meant that GBP downside options have become very expensive. Yet despite the recent move lower, vol-adjusted EURUSD skew remains relatively elevated, in our view (see ATM...
Mar 01, 2016 11:03 am UTC| Technicals
Please have look on the risk reversal nutshell, perhaps OTC market arrangements may baffle sentiments of the spot FX trend directions. For contracts expiring in 1W-1M are displaying little upticks, however, losing momentum...
Mar 01, 2016 10:27 am UTC| Technicals
GBP depreciated significantly last week as perceived risks of an EU exit increased. In a way, the agreement seems to be a positive development but not suffice to cushion GBPUSD rout, but EU exit risk has negative...
Mar 01, 2016 07:40 am UTC| Technicals
AUD seems adjusting higher after RBAs unchanged monetary policy.The statements description of the AUD was little changed, saying the exchange rate has been adjusting to the evolving economic outlook [previous: continued...
FxWirePro: EUR/AUD breaks again 1.5269 - Stay short in near month futures as 1.5103 is on table
Mar 01, 2016 07:08 am UTC| Technicals
The pair has broken major supports 1st at 1.5496 and then at 1.5269 levels after the formation of shooting star at 1.5923 on weekly plotting. Amid this bearish journey we see 21DMA has crossed over 7DMA on daily chart...
Mar 01, 2016 06:24 am UTC| Technicals
The AUD and NZD were firmer against the majors from last week despite soft data outcomes in Australia (wage index and capex outlook), in part because of stronger commodity prices (specifically iron ore). For the week...
Mar 01, 2016 05:31 am UTC| Technicals
After breaking supports at 0.9747 bears have more intensive trading sentiments (see a bear candle with big real body). Apparently, it has tested channel line support at 0.9616 however, the price bounces from here...