FxWirePro: Short EUR/JPY via debit spreads and backspreads for aggressive bears
Nov 09, 2015 06:01 am UTC| Technicals
The current spot FX is trading at 132.740, our earlier targets achieved at 133.372, for now we expect dips extending up to 131.025 levels in near terms. It is understood that bearish momentum is bolstering as we saw...
Nov 06, 2015 12:43 pm UTC| Technicals
Delta risk reversal indicates downside hedging has been costlier. While GBPUSD Spot FX is at 1.5135, NPV of ATM Puts is 685.83, premiums are trading 17.22% higher than NPV at USD 803.96 with IV at 8.20%. 2% OTM put...
FxWirePro: Vega spreads for AUD/USD’s higher IVs
Nov 06, 2015 10:49 am UTC| Technicals
As you can make out from the diagram the implied volatility for near month at the money contracts of AUDUSD pair has been highest among G20 currency segment and is seen at around 11.5-12% levels for 1m-3m expiries. We...
FxWirePro: Construct butterfly spreads with calls to hedge CAD/JPY puzzling swings
Nov 06, 2015 08:36 am UTC| Technicals
Lot of puzzling has been happening in CADJPY when we consider the intermediate and long term trend of this pair. Bullish candles such as dragonfly doji at 92.207 on weekly has been able to prop up prices effectively as...
Nov 06, 2015 07:08 am UTC| Technicals
Lot of puzzling has been happening in CADJPY when we consider the intermediate and long term trend of this pair. Bullish candles such as dragonfly doji at 92.207 on weekly has been able to prop up prices effectively as...
FxWirePro: NZD/JPY weakness on cards, any bounces..? Capitalize on shorts in put ladders
Nov 06, 2015 05:47 am UTC| Insights & Views Technicals
We continue to maintain bearish stance in long run, while if any abrupt short term upswings could also to be monitored and utilized by below strategy. In our opinion, although some price recoveries that weve been seeing...
FxWirePro: Gold may extend losses - stay firm with collar spreads on XAU/USD
Nov 05, 2015 12:54 pm UTC| Insights & Views
The investors in yellow metal have been skeptic on Feds rate decision on the back of mixed bag of US economic reports. Yellow metal far month contracts for December delivery on the Comex division of the NYME traded...
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