FxWirePro: USD/CHF key support at 0.9798, upside prevails in the short term
Nov 02, 2015 15:55 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9849 levels, after failing to advance further above 23.6% fib levels located at 0.9880. The pair currently is approaching to support level at 0.9836, the pair is expected to rebound...
How to position for a mini-rally in USD vols during Q4’15? Disseminate Scandi with PLN
Nov 02, 2015 14:17 pm UTC| Technicals
USD-bloc vols (EUR, NOK, SEK, PLN etc) have cheapened the most recently and offer the best value as long targets. The Polish zloty has been the worst performing currency in emerging markets over the past month. After...
EUR net shorts mounting despite ECB’s positive moves – EUR/SEK speculative trade ideas
Nov 02, 2015 13:55 pm UTC| Technicals
ECB President Mario Draghi in his last Fridays comments hinted rejection of a rate cut / QE extension in December which would likely have a positive signal for EUR. With a Fed that will hike key rates in December after...

FxWirePro: Strong resistance for cable at 1.55, good to sell rallies
Nov 02, 2015 12:11 pm UTC| Technicals
Bid tone on the Sterling gathered pace after the stellar UK data which showed that UK Oct manufacturing PMI rose to 55.5 from an upwardly revised 51.8 figure in Sept However, the Pound is likely to remian on the sidelines...

FxWirePro: EUR/PLN bounces higher from trendline support, good to buy dips
Nov 02, 2015 09:11 am UTC| Technicals
EUR/PLN edges higher, ignores bullish Polish manufacturing PMI data EUR/PLN was better bid despite bullish Polish data, trades at 4.2490, away from 4.2417 low hit earlier in the day Poland Purchasing Manager Index...

Nov 02, 2015 07:23 am UTC| Technicals
Although weve been observing some bounces, we could foresee some declines in NZDJPY with a dubious eyes on Kiwi fundamentals comparitively which are not that conducive for the currency and hence, we maintain long term...

FxWirePro: Smart ways to construct NZD/JPY put ladders – Avoid ITM shorts on lower IV
Nov 02, 2015 07:08 am UTC| Technicals
Contemplating the puzzling trend in this pair, weve already advocated constructing put ladders so as to present leveraging effects in profitability. As a result, 1 lot of short ITM + 2 lots of ATM put longs were...