
EUR/CHF creeps up with snail’s pace - volatility smiles suggest ATM instruments
Oct 27, 2015 13:57 pm UTC| Technicals
In a true smile, options with an at-the-money strike are priced with a lower volatility than out-of-the-money and in-the-money volatility strikes. Such market occurrences are observable in the EURCHF FX OTC market. For...
FxWirePro: GBP/USD key resistance at 1.5419, bearish in the short term
Oct 27, 2015 13:23 pm UTC| Technicals
GBP/USD pair made some gains after US core durables printed disappointing figures at -0.4 against the forecast of 0.1.The pair hit daily high at 1.5335 after the US data was released before retreating back to trade around...

FxWirePro: GBP/CAD faces trend line support around 2.015, good to buy at dips
Oct 27, 2015 12:38 pm UTC| Technicals
GBP/CAD has made a low of 2.00809 and slightly recovered form that level. It is currently trading at 2.0164. Overall trend is bullish as long as support 2.013 holds. Any break below 2.013 will take the pair...

Volatility smile varies with strikes – a glimpse on AUD/USD volatility skew
Oct 27, 2015 12:29 pm UTC| Technicals
Firstly, lets have a glance on IV nutshell of AUDUSD, it is quite regular market practice to recapitulate the information in sequence of the vanilla options with no hedge scenario in the volatility smile table which...
FxWirePro: USD/JPY key support at 119.60, bullish in the short term
Oct 27, 2015 12:25 pm UTC| Technicals
USD/JPY pair has made a short pullback to hit daily lows at 120.25 in the early US session, after sellers stepped in this pair. However, the decline should be limited around 119.80 as the support level at 119.60 levels is...

Oct 27, 2015 12:03 pm UTC| Technicals
Harmonic pattern formed- Bullish BAT pattern Potential Reversal Zone (PRZ) -184.60 On the higher the pair is facing major resistance around 186.30 and break above confirms further bullishness , a jump till...
FxWirePro: EUR/PLN edges lower, still hovers near nine-month highs
Oct 27, 2015 11:29 am UTC| Technicals
The conservative, eurosceptic Law and Justice party (PiS), election victory on Sunday weakened the zolty, pushing EUR/PLN to 9 month highs around 4.2939. The zloty steadied on Tuesday as investors awaited further...