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FX Hedging Strategy Series

FxWirePro: Back testing of last week’s GBP/AUD straps strategy keeps us loading up weights in ATM puts on strips for speculations

Jan 14, 2016 10:19 am UTC| Technicals

Dear readers, please be noted what has happened with our recent write up before we rush up into derivatives strategy, Please follow the below...

FxWirePro: GBP/AUD slumps responding as per swing traders’ whim fancies – moving accurately in sloping channel

Jan 14, 2016 08:50 am UTC| Technicals

Dear readers, Nothing much to emphasize on this pair as the pair has never changed its price and volume behavior during its travel between the sloping channel as you can see from the daily charts. It is not a magic but...

FX Hedging Strategy Series

FxWirePro: GBP/JPY backspreads on balance with gamma and vega on higher IVs in place for hedging

Jan 14, 2016 07:57 am UTC| Technicals

GBPJPY trend has been extremely conducive for bears as we listed out series of red flags from technicals and fundamentals that signify serious weakness in this pair. The pair has pretty much achieved our 1sttargets at...

FxWirePro: Euro/Yen squeeze, breakout ahead

Jan 14, 2016 07:37 am UTC| Technicals

Sharp rise in Yen over risk aversion this year has led Euro/Yen pair dip to lowest level since April last year, when Euro was declining following the announcement of European Central Bank (ECB) will start purchasing...

FxWirePro: NZD/JPY hits quarterly low at 75.89, further weakness only on break below 75.20

Jan 14, 2016 07:15 am UTC| Technicals

NZD/JPY hits fresh multi-month lows, the pair hit 75.89, levels not seen since Oct 2015 before edging higher to currently trade at 76.58. Strong support for the pair is seen at 75.20 levels, breaks below could see...

FxWirePro: GBP/JPY breaks major support at 172, hits fresh yearly low at 168.83, drop till 168 likely

Jan 14, 2016 06:19 am UTC| Technicals

GBP/JPY extends downside below 172 (resistance broken on 8th Jan) to currently trade at 169.35. Attempts of recovery on Wednesday were rejected at 171.29 asserting more downside. The pair hit fresh yearly low at 168.83...

EUR/GBP hits half yearly high at 0.75574

Jan 14, 2016 06:11 am UTC| Technicals

Intraday bias remains neutral for consolidation below 0.7554 temporary top. Retreat to be contained above 0.7311 supports and bring another rally. Break of 0.7492 levels indicates medium term trend reversal. Further...

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Science

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Technology

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

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