Jan 27, 2016 10:51 am UTC| Technicals
For AUD, rate solidity remains a bearish force for the currency, but in 2016 it will be driven by Fed hikes rather than RBA easing (we think the RBA is done). AUD jumped to 2 weeks highs of 0.7051 after the Australian...
Jan 27, 2016 09:14 am UTC| Technicals
As the risk appetite mounting to newer statures, it should be no wonder that the Australian dollar is pushing indefinable bearish levels against many of its fundamentally staggered currency counterparts. This past week,...
FxWirePro: USD/JPY scalping via binary options capitalizing on HY IVs
Jan 27, 2016 08:34 am UTC| Technicals
Its been keenly observed that USD/JPY restrained within range of 118.587 to 118.067. In this range bounded process the pair has broken the important supports at 118.371 and 118.272, could not sustain 21DMA (mid-line of...
FxWirePro: ITM shorts in AUD/JPY put ratio back spreads to beat higher IV
Jan 27, 2016 06:47 am UTC| Technicals
Technical glance: This APAC pair is most likely to retest resistance (at 83.495 region) on daily charts, we also consider this as whipshaw at this resistance level on EOD graphs as its been hanging around that resistance...
FxWirePro: EUR/USD diagonal straps more suitable for risk averse
Jan 26, 2016 11:36 am UTC| Technicals
Hedging sentiments in OTC markets are retrogressive to what weve been seeing from last couple of months, to keep it precise we could notice neutral to slightly bullish hedging arrangements for next 1W-1M expiries (see risk...
FxWirePro: EUR/USD bearish trend moves in narrow range – IVs and risk reversals justify the same
Jan 26, 2016 09:38 am UTC| Technicals
Lets have a look on IVs inching lower in next 1months time, as the pair forms whipsaw patterns that is moving in narrow range and lingering on 21DMA curve 07th Jan. Ever since the price approached 21DMA curve it has...
FxWirePro: Derivatives perspectives for antipodean currencies
Jan 26, 2016 08:36 am UTC| Insights & Views Technicals
The risk bias to Antipodean currencies remains firmly to the downside here onwards in 2016. The prospect of lower Chinese growth and weaker commodity prices, the risk of a more aggressive tightening cycle from the Fed as...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned