FxWirePro: EUR/AUD bears hold stronger at major resistances – Digital puts to speculate
Aug 26, 2016 06:51 am UTC| Technicals
On daily charts, the failure swings have gone in whipsaws, bounce above may resume rallies up to max.1.4833, and any breach below 1.4794 can pull back slumps up to 1.4752. Both leading and lagging indicators...
FxWirePro: Bidding USD/CHF 1m versus 6m RR optimizes downside hedging option strategies
Aug 25, 2016 12:55 pm UTC| Commentary
ATM implied volatilities are gradually creeping up, rising 8.61% in 1m tenor to 8.88% in 6m. The 6M IV skews signify the importance of OTM put strikes in OTC markets for this pair. While, risk reversals of 6m tenors...
Aug 25, 2016 11:07 am UTC| Research & Analysis
According to reports, Finance Minister Gordhan would receive a warning statement which indicates that he is about to be charged with an offence. This is most likely a politically motivated charge and consequently, we think...
FxWirePro: Hedge GBP/CAD downside risks via back spreads bidding 2W IVs ahead of UK preliminary GDP
Aug 25, 2016 10:19 am UTC| Research & Analysis
We run you through the potential risks of the underlying pair of GBPCAD before we begin with the hedging frameworks. The United Kingdom preliminary GDP QoQ is scheduled to be announced tomorrow, and it is anticipated to...
FxWirePro: AUD/NZD bear spreads more efficient than combinations on hedging grounds
Aug 25, 2016 07:57 am UTC| Research & Analysis
NZD was solid overnight. It is difficult to come up with likely catalysts for large moves in the NZD in the New Zealand session today, with no data or speeches due. The upward trend, which has been apparent since...
Aug 23, 2016 09:57 am UTC| Commentary
This pair has been oscillating between 76.739 and 76.065 levels, showing mild upswings but long term declining trend seems to be intact as you can see the convincing volumes and technical indicators favouring bears on the...
Aug 22, 2016 12:45 pm UTC| Technicals
The current prices hold stronger at supports of 0.9307 despite gravestone doji, Upswings likely to drag further as prices spike above DMAs and trend line. After the pair jumps above 7 21DMAs, the current prices gained...