Feb 24, 2016 05:54 am UTC| Technicals
From last two days, the pair has been testing 7MA as resistance and drifting southwards along with the channel baseline. So, after these steep slumps, if you are expecting reversal upswings then you are likely to get bull...
Feb 23, 2016 13:09 pm UTC| Technicals
After the formation of shooting star at 1.5923 it has been breaking significant supports at 1.5670, 1.5496 and recently it has broken 1.5269 yesterday on a closing basis, at this juncture we see 21DMA has just crossed over...
Feb 22, 2016 12:13 pm UTC| Technicals
EURGBP has held stronger supports at 0.7708 levels last week and now heading towards resistance at 0.7842 at which (breakout point) the price behavior was similar in many times in the past. But after taking last weeks...
Feb 22, 2016 10:27 am UTC| Technicals
The implied volatility of ATM contracts for 1M-3M expiries of this the pair is flashing at around 12%. Delta risk reversals creeping up gradually with positive numbers to signify the hedging positions are well equipped...
FxWirePro: CNY struggle to weigh on AUD/USD volatility - AUD and CNY trade and hedging perspectives
Feb 22, 2016 08:12 am UTC| Technicals
We have been already reiterating from months ago, the risk bias to Antipodean currencies remains firmly to the downside during H1 2016. Since, Australia being the largest trade partner with China, the prospect of lower...
Feb 22, 2016 05:45 am UTC| Technicals
The pair has broken a support initially at 2.0152 and now at 2.0054 with a sharp gravestone doji at 1.9915 levels and it is a gap down opening (prev close - 2.0152; todays open - 1.9922) which is on the verge of testing...
FxWirePro: Cross currency effects on EUR/JPY vols - Stay hedged via put spreads
Feb 19, 2016 12:48 pm UTC| Technicals
USD/JPY downside volatility is going to stay greater than EUR/USD downside volatility. Therefore, EUR/JPY downside volatility is likely to increase more. The EUR/JPY is forming a triple bottom at 126, and bearish...