
FxWirePro: Prefer diagonal debit call spreads to hedge GBP/CHF in narrow range
Sep 01, 2015 10:48 am UTC| Technicals
Technicals Briefing (GBP/CHF): EOD and weekly technicals raises a caution for ongoing short term downtrend as dropping prices do not evidence corresponding volumes and there was a sense of divergence evidenced on RSI...

FxWirePro: USDCHF faces strong support around 0.9540, good to buy at dips
Sep 01, 2015 10:45 am UTC| Technicals
USD/CHF has made a low of 0.9567 and recovered till 0.9640 from that level. Overall trend is till bullish as long as support 0.9540 holds The pair jumped till 0.96890 yesterday and is currently trading at 0.9635...

GBP/AUD takes support near trend line , jump till 2.220 is possible
Sep 01, 2015 09:29 am UTC| Technicals
GBP/AUD has recovered after making a low of 2.1390 and is currently trading at 2.1680. The pairs minor resistance is around 2.170 and nay break above would extend gains till 2.2100/2.2200. The pairs minor support is...
FxWirePro: GBP/JPY slumps to 183.20, weak UK manufacturing PMI dents GBP
Sep 01, 2015 09:23 am UTC| Technicals
GBP/JPY hit session lows by 183.20 after a weaker-than-expected UK manufacturing PMI data UK August manufacturing PMI dropped to 51.5 from 51.9 in July, missing the estimate of 52.00 Ahead in the day US ISM...

FxWirePro: AUD/JPY PRBS hedging perspectives on higher IV
Sep 01, 2015 09:10 am UTC| Technicals
As you can see implied volatility of near month ATM calls are perceived almost close to 16.85% which is at quite higher side while using vega spreads we can neutralize IV effects and participate in prevailing short term...
FxWirePro: EUR/USD trades above 1.13 barrier, 200 DMA at 1.1297 flips to support
Sep 01, 2015 08:03 am UTC| Technicals
Safe-haven appeal of the euro received further boost on a renewed wave of risk-aversion Downbeat Chinese PMI and sliding Chinese stocks added to the worries over the health of the Chinese economy, further bolstering...

EUR/USD breaks short term resistance 1.1310, targets 1.1430
Sep 01, 2015 08:01 am UTC| Technicals
EUR/USD Breaks short term resistance 1.13085 (28 th high) which confirms short term bullishness, a jump till 1.1370/1.1430 is possible . On the downside minor support is around 1.12500 and any weakness only below...