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USD/CHF faces strong resistance around 1.00380, break above targets 1.0130/1.01920

Mar 10, 2016 09:34 am UTC| Technicals

Pattern Formed- Cup and handle Major resistance - 1.00377 The pair has retreated after making a high of 1.00370. It is currently trading around 0.99710. Short term bullishness can be seen only above 1.00400...

FxWirePro: EUR/JPY rangebound, awaits ECB policy meeting

Mar 10, 2016 09:08 am UTC| Technicals

The single currency remains under pressure in early Europe, leaving the EUR/JPY largely rangebound. The pair has been trading a falling wedge pattern, and is consolidating bounce off wedge base at 122.05 on March 1st...

Norwegian krone volatile against Euro ahead of inflation report

Mar 10, 2016 08:51 am UTC| Technicals

EUR/NOK is currently around at 9.3718 levels. It made intraday high at 9.3832 and low at 9.3517 levels. Intraday bias remains neutral till the time pair holds key support at 9.3510 levels. On the other side,...

FX Hedging Strategy Series

FxWirePro: EUR/JPY IVs mounting in sky rocketed pace, highest among G20 space - vega spreads for tackling HY vols

Mar 10, 2016 08:18 am UTC| Technicals

The IVs of euro crosses are extremely volatile, especially the current IVs of 1W EURJPY ATM contracts are at the highest levels at 19% which is among G20 currency space and likely to perceive on an average of 12.5% in long...

FxWirePro: EUR/CAD sees strong support at 1.4545, breaks lower could test 1.45 levels

Mar 10, 2016 08:05 am UTC| Technicals

EUR/CAD is trading a narrow range on the day, 1.4584/1.4545, after a huge slump on Wednesday post BoC policy decision. The pair finds strong support at 1.4545 levels, break below could take it lower. Immediate...

Gold breaks minor trend line support at $1249, targets $1235/$1226

Mar 10, 2016 08:00 am UTC| Technicals

Major resistance -$1260 Gold has broken major trend line support $1249 and declined till $1242.79. it is currently trading around $1245.40. Any break below $1249 will drag the commodity down till $1234/$1225 ins...

FX Hedging Strategy Series

FxWirePro: "AUD/NZD premiums on call blowing out of proportion" - delta neutrality strategy for dubious bulls

Mar 10, 2016 07:29 am UTC| Technicals

If you have to compare the 1W ATM IVs with monthly tenors, then the prevailing bullish swings may not be having the same momentum in rallies going forward as we are seeing it right now. ATM IVs of 1W expiries are at...

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Science

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Technology

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