FxWirePro: AUD/USD gamma calendar spreads to hedge downside risks
Oct 13, 2015 12:15 pm UTC| Technicals
Prevailing implied volatility rates for AUD/USD is almost close to 12%. Thus, on a long term hedging perspective, debit gamma put spreads are advocated so as to reduce the sensitivity and focus on hedging motive. 25-delta...
FxWirePro: AUD/USD tanks over 1%, dips below 0.73 handle
Oct 13, 2015 12:13 pm UTC| Technicals
AUD/USD halted a nine-session winning streak and edged lower as weak stocks influence a drop in risk appetite linked currencies Price action has dipped into the cloud, RSI and Stochs are biased lower and at...

FxWirePro: Delta risk reversal still signifies AUD/USD’s bearish trend
Oct 13, 2015 12:08 pm UTC| Technicals
Delta risk reversals of AUDUSD: After the brief upswings to 0.7382, the OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon as hedgers have been cautious on long...
FxWirePro: USD/CAD capped at 1.3067, recovery unlikely to sustain
Oct 13, 2015 11:50 am UTC| Technicals
USD/CAD opened Noram markets 13056, +58 pips vs the previous close, overnight range 1.2997/3067. The pair staged a solid-comeback from lows near 1.29 handle on Monday, but recovery likely capped at 1.3067 Crude...
FxWirePro: EUR/GBP breaks major resistance around 0.7450, targets 0.7580
Oct 13, 2015 11:38 am UTC| Technicals
RES 4: 0.7580 (Feb 3rd high) RES 3:0.7520 RES 2: 0.7480 (May 5th 2015) RES 1: 0.7450 (Oct 2nd 2015) PRICE: 0.7470 @ 11:37 GMT SUP 1: 0.7420 (7 H EMA) SUP 2: 0.7380 ( 200 day HMA) SUP 3: 0.7330...
FxWirePro: USD/JPY faces strong support at 119.60, good to buy at dips
Oct 13, 2015 11:29 am UTC| Technicals
RES 4:121.30 ( SEP 10TH HIGH) RES 3: 120.56 (Oct 6th 2015) RES 2: 120.05 (200 day HMA) RES 1: 119.80 (7 day H EMA) PRICE: 119.77 @11:24 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) SUP 2:...

FxWirePro: EUR/USD forms Bearish BAT pattern, good to sell on rallies
Oct 13, 2015 09:59 am UTC| Technicals
Harmonic Pattern - Bearish BAT pattern Potential Reversal Zone (PRZ) -1.14365 EUR/USD has made a high of 1.14109 today and declined from that level. It is currently trading at 1. trend is still weak as long as...