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FX Options trade alert
This report has been deactivated
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ISE Swedish Krona OUTLOOK
Mon, Sep 28 2009, 12:57 GMT
by Trading Central Team
SKA (USD/SEK on ISE): further USD weakness expected.
Pivot: 74.50
Our forecast: Down move towards 67.50 or even 65.
Comment: The RSI is capped by a MT declining trend line, the pair stands within a bearish channel and is approaching its support.
To leverage our Trend Opinion on the ISE Swedish Krona we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Sep 28 2009, 12:57 GMT
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ISE Mexican Peso OUTLOOK
Mon, Sep 14 2009, 12:22 GMT
by Trading Central Team
PZO (USD/PSO on ISE): further USD weakness expected.
Pivot: 137.50
Our forecast: Down move towards 128.2 or even 125.
Comment: The pair has struck against its resistance and should face a further weakness as the RSI is turning down.
To leverage our Trend Opinion on the ISE Mexican Peso we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Sep 14 2009, 12:22 GMT
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ISE Yen OUTLOOK
Thu, Sep 10 2009, 13:29 GMT
by Trading Central Team
YUK (USD/JPY on ISE): further USD weakness expected.
Pivot: 94
Our forecast: Down move towards 90 or even 87.
Comment: The pair is on the downside and is challenging its support, the RSI is badly directed and advocates for further decline.
To leverage our Trend Opinion on the ISE Yen currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Thu, Sep 10 2009, 13:29 GMT
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ISE Euro OUTLOOK
Wed, Sep 9 2009, 13:16 GMT
by Trading Central Team
EUI (USD/EUR on ISE): further USD weakness expected.
Pivot: 70.50
Our forecast: Down move towards 68 or even 67.
Comment: The RSI remains capped by a MT declining trend line, the pair is on the downside and is breaking below its support.
To leverage our Trend Opinion on the ISE Euro currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, Sep 9 2009, 13:16 GMT
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ISE Canadian Dollar OUTLOOK
Tue, Sep 8 2009, 14:36 GMT
by Trading Central Team
CDD (USD/CAD on ISE): further USD weakness expected.
Pivot: 111.30
Our forecast: Down move towards 104 or even 100.
Comment: The RSI remains capped by a MT declining trend line, the pair is on the downside and is challenging its support.
To leverage our Trend Opinion on the ISE Canadian Dollar currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Sep 8 2009, 14:36 GMT
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ISE New Zealand Dollar OUTLOOK
Tue, Sep 8 2009, 11:43 GMT
by Trading Central Team
NZD (USD/NZD on ISE): further USD weakness expected.
Pivot: 152.50
Our forecast: Down move towards 138.50 or even 134.
Comment: The RSI has struck against its MT declining trend line, the pair remains under pressure and should face a further weakness.
To leverage our Trend Opinion on the ISE New Zealand Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Sep 8 2009, 11:43 GMT
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ISE Autralian Dollar OUTLOOK
Mon, Aug 31 2009, 11:19 GMT
by Trading Central Team
AUX (USD/AUD on ISE): further USD weakness expected.
Pivot: 122.50
Our forecast: Down move towards 117.50 or even 113.50.
Comment: The RSI is capped by a MT declining trend line, the pair is under pressure and is challenging its support.
To leverage our Trend Opinion on the ISE Autralian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Aug 31 2009, 11:19 GMT
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ISE British Pound OUTLOOK
Wed, Aug 26 2009, 14:35 GMT
by Trading Central Team
BPX (USD/GBP on ISE): USD rebound expected.
Pivot: 60
Our forecast: Up move towards 63.10 or even 65.50.
Comment: The RSI has broken above its MT declining trend line, the pair is breaking above its bearish channel upper boundary.
To leverage our Trend Opinion on the ISE British Pound currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, Aug 26 2009, 14:35 GMT
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ISE Canadian Dollar OUTLOOK
Mon, Aug 24 2009, 11:33 GMT
by Trading Central Team
CDD (USD/CAD on ISE): further USD weakness expected.
Pivot: 112
Our forecast: Down move towards 106.50 or even 104.
Comment: The RSI is still capped by a MT declining trend line, the pair has struck against its resistance and should reach its next support.
To leverage our Trend Opinion on the ISE Canadian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Aug 24 2009, 11:33 GMT
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ISE Euro OUTLOOK
Tue, Aug 18 2009, 13:59 GMT
by Trading Central Team
EUI (USD/EUR on ISE): USD rebound expected.
Pivot: 69.20
Our forecast: Up move towards 72 or even 74.30.
Comment: The RSI has broken above its MT declining trend line, the pair is challenging its ST bearish channel upper boundary.
To leverage our Trend Opinion on the ISE Euro currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Aug 18 2009, 13:59 GMT
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ISE Yen OUTLOOK
Mon, Aug 17 2009, 12:52 GMT
by Trading Central Team
YUK (USD/JPY on ISE): New USD weakness expected.
Pivot: 98
Our forecast: Down move towards 94 or even 91.75.
Comment: The pair has struck against its declining trend line and is challenging its intermediary support, a further decline is likely as the RSI is badly directed.
To leverage our Trend Opinion on the ISE Yen we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Aug 17 2009, 12:52 GMT
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ISE Swiss Franc OUTLOOK
Mon, Aug 10 2009, 11:29 GMT
by Trading Central Team
SFC (USD/CHF on ISE): new USD weakness expected.
Pivot: 110
Our forecast: Down move towards 105.80 or even 103.70.
Comment: The pair is rebounding on its support but should strike against its bearish channel upper boundary.
To leverage our Trend Opinion on the ISE Swiss Franc we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Aug 10 2009, 11:29 GMT
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ISE British Pound OUTLOOK
Mon, Aug 3 2009, 14:18 GMT
by Trading Central Team
BPX (USD/GBP on ISE): further USD weakness expected.
Pivot: 62
Our forecast: Down move towards 57 or even 55.
Comment: The RSI is still capped by a MT declining trend line, the pair has broken below its strong support and should face a further weakness.
To leverage our Trend Opinion on the ISE British Pound currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Aug 3 2009, 14:18 GMT
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ISE Euro OUTLOOK
Mon, Aug 3 2009, 10:53 GMT
by Trading Central Team
EUI (USD/EUR on ISE): further USD weakness expected.
Pivot: 72
Our forecast: Down move towards 69.70 or even 68.
Comment: The pair has struck against its bearish channel upper boundary and is challenging its support. The RSI remains capped by a MT declining trend line and advocates for further decline.
To leverage our Trend Opinion on the ISE Euro we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Aug 3 2009, 10:53 GMT
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ISE Canadian Dollar OUTLOOK
Tue, Jul 28 2009, 11:09 GMT
by Trading Central Team
CDD (USD/CAD on ISE): further USD consolidation expected.
Pivot: 113.00
Our forecast: Down move towards 103.50 or even 100.00.
Comment: The pair is reversing down from a key rising trend line (former support which is acting now as a resistance). Moreover, the daily RSI is capped by a bearish trend line. A slight corrective recovery cannot be ruled out but the 113.00 resistance area maintains downward pressure.
To leverage our Trend Opinion on the ISE Canadian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Jul 28 2009, 11:09 GMT
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ISE Australian Dollar OUTLOOK
Mon, Jul 20 2009, 13:36 GMT
by Trading Central Team
AUX (USD/AUD on ISE): further USD consolidation expected.
Pivot: 129.50
Our forecast: Down move towards 117.50 & 113.50.
Comment: The pair is validating a bearish flag pattern thus calling for further consolidation in the short term. Moreover, the daily RSI is capped by a bearish trend line.
To leverage our Trend Opinion on the ISE Australian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jul 20 2009, 13:36 GMT
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ISE Australian Dollar OUTLOOK
Mon, Jul 13 2009, 12:10 GMT
by Trading Central Team
AUX (USD/AUD on ISE): further USD up move expected.
Pivot: 121.50
Our forecast: Up move towards 130 & 134.
Comment: The RSI has broken above its MT declining trend line and remains well directed, the pair has rebounded on its strong support and should post a further up move.
To leverage our Trend Opinion on the ISE Australian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jul 13 2009, 12:10 GMT
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ISE Euro OUTLOOK
Mon, Jul 6 2009, 11:34 GMT
by Trading Central Team
EUI (USD/EUR on ISE): USD rebound expected.
Pivot: 69.70
Our forecast: Up move towards 73 & 74.30.
Comment: The pair has rebounded on its support and is shaping a falling wedge (bullish pattern), a further up move is therefore expected.
To leverage our Trend Opinion on the ISE Euro we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jul 6 2009, 11:34 GMT
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ISE British Pound OUTLOOK
Thu, Jul 2 2009, 13:52 GMT
by Trading Central Team
BPX (USD/GBP on ISE): USD rebound expected.
Pivot: 60
Our forecast: Up move towards 63.10 & 65.50.
Comment: The pair is rebounding on its strong support and has broken above its MT declining trend line, the RSI is on the upside.
To leverage our Trend Opinion on the ISE British Pound currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Thu, Jul 2 2009, 13:52 GMT
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ISE Yen OUTLOOK
Mon, Jun 29 2009, 11:10 GMT
by Trading Central Team
YUK (USD/JPY on ISE): further USD weakness expected.
Pivot: 98.65
Our forecast: Down move towards 93.60 & 91.60.
Comment: The RSI is still badly directed, the pair remains within a bearish channel and is approaching its next support.
To leverage our Trend Opinion on the ISE Yen we can use different options :
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jun 29 2009, 11:10 GMT
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ISE Australian Dollar OUTLOOK
Tue, Jun 23 2009, 15:22 GMT
by Trading Central Team
AUX (USD/AUD on ISE): USD rebound expected.
Pivot: 121.50
Our forecast: Up move towards 130 & 134.
Comment: The RSI has broken above its MT declining trend line, the pair is rebounding on its strong support and should post a further up move.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Jun 23 2009, 15:22 GMT
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ISE Swiss Franc OUTLOOK
Mon, Jun 22 2009, 11:14 GMT
by Trading Central Team
SFC (USD/CHF on ISE): further USD weakness expected.
Pivot: 111.50
Our forecast: Down move towards 106 & 104.
Comment: The pair remains within a MT bearish channel and should face a further weakness as the RSI is turning down.
To leverage our Trend Opinion on the ISE Swiss Franc we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jun 22 2009, 11:14 GMT
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ISE British Pound OUTLOOK
Wed, Jun 17 2009, 14:09 GMT
by Trading Central Team
BPX (USD/GBP on ISE): USD rebound expected.
Pivot:60
Our forecast: Up move towards 63.10 & 65.50.
Comment: The pair is breaking above its MT declining trend line and should reach its next resistance.
To leverage our Trend Opinion on the ISE British Pound currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, Jun 17 2009, 14:09 GMT
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ISE Canadian Dollar OUTLOOK
Mon, Jun 15 2009, 13:05 GMT
by Trading Central Team
CDD (USD/CAD on ISE): USD rebound expected.
Pivot:108
Our forecast: Up move towards 116.75 & 119.75.
Comment: The RSI is breaking above its MT declining trend line, the pair is rebounding on its support and should reach its next resistance.
To leverage our Trend Opinion on the ISE Canadian Dollar we can use different options:
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jun 15 2009, 13:05 GMT
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ISE British Pound OUTLOOK
Fri, Jun 12 2009, 12:57 GMT
by Trading Central Team
BPX (USD/GBP on ISE): new USD weakness expected.
Pivot: 63
Our forecast: Down move towards 60 & 57.
Comment: The pair is posting a slight rebound but should be capped by its MT declining trend line.
To leverage our Trend Opinion on the ISE British Pound we can use different options:
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Fri, Jun 12 2009, 12:57 GMT
1
0
ISE Euro OUTLOOK
Tue, Jun 9 2009, 13:03 GMT
by Trading Central Team
EUI (USD/EUR on ISE): new USD weakness expected.
Pivot: 73 Our forecast: Down move towards 69.70 & 68.
Comment: The RSI is capped by a MT declining trend line, the pair should strike against its new resistance (former support).
To leverage our Trend Opinion on the ISE Euro currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Jun 9 2009, 13:03 GMT
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ISE Yen Outlook
Mon, Jun 8 2009, 11:23 GMT
by Trading Central Team
YUK (USD/JPY on ISE): USD rebound expected.
Pivot: 96.50
Our forecast: Up move towards 99.65 & 102.50.
Comment: The RSI has broken above a declining trend line, the pair is challenging its channel upper boundary.
To leverage our Trend Opinion on the ISE Yen we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jun 8 2009, 11:23 GMT
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ISE Canadian Dollar OUTLOOK
Mon, Jun 1 2009, 14:15 GMT
by Trading Central Team
CDD (USD/CAD on ISE): further USD weakness expected.
Pivot: 113.00
Our forecast: Down move towards 105.50 & 103.00.
Comment: The RSI is capped by a declining trend line, the pair has broken below a rising trend line.
To leverage our Trend Opinion on the ISE Canadian Dollar we can use different options:
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Jun 1 2009, 14:15 GMT
5
0
Euro OUTLOOK
Wed, May 27 2009, 14:25 GMT
by Trading Central Team
EUI (USD/EUR on ISE): further USD weakness expected.
Pivot: 73Our forecast: Down move towards 71 & 69.70.
Comment: The RSI is turning down, the pair remains within a bearish channel and is challenging its intermediary support.
To leverage our Trend Opinion on the ISE Euro currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, May 27 2009, 14:25 GMT
0
1
Yen OUTLOOK
Tue, May 26 2009, 11:14 GMT
by Trading Central Team
YUK (USD/JPY on ISE): further USD weakness expected.
Pivot: 97
Our forecast: Down move towards 93.60 & 91.6.
Comment: The RSI is on the downside and advocates for further decline, the pair is posting a slight rebound on its intermediary support but remains under pressure.
To leverage our Trend Opinion on the ISE Yen we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, May 26 2009, 11:14 GMT
8
0
Swiss Franc OUTLOOK
Wed, May 20 2009, 13:00 GMT
by Trading Central Team
SFC (USD/CHF on ISE): further USD weakness expected.
Pivot: 113
Our forecast: Down move towards 110 & 108.
Comment: The RSI is on the downside and advocates for further decline, the pair remains within a MT bearish channel and is challenging its intermediary support.
To leverage our Trend Opinion on the ISE Swiss Franc we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, May 20 2009, 13:00 GMT
9
0
Australian Dollar OUTLOOK
Mon, May 18 2009, 13:03 GMT
by Trading Central Team
AUX (USD/AUD on ISE): new USD weakness expected.
Pivot: 137.50
Our forecast: Down move towards 129 & 126.
Comment: The RSI is under pressure, the pair is rebounding on its MT bearish channel lower boundary but should strike against its new resistance (former support).
To leverage our Trend Opinion on the ISE Australian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, May 18 2009, 13:03 GMT
6
0
Yen OUTLOOK
Fri, May 15 2009, 11:47 GMT
by Trading Central Team
YUK (USD/JPY on ISE): further USD weakness expected.
Pivot: 100
Our forecast: Down move towards 93.60 & 91.60.
Comment: The RSI is capped by a declining trend line, the pair has validated a head and shoulders pattern and is breaking below a rising trend line.
To leverage our Trend Opinion on the ISE FX Yen we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Fri, May 15 2009, 11:47 GMT
8
0
British Pound OUTLOOK
Mon, May 11 2009, 13:35 GMT
by Trading Central Team
BPX (USD/GBP on ISE): further USD weakness expected.
Pivot: 69
Our forecast: Down move towards 65 & 63.
Comment: The pair remains within a bearish channel and is challenging its support, the RSI is badly directed.
To leverage our Trend Opinion on the ISE FX British Pound we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, May 11 2009, 13:35 GMT
24
4
Canadian Dollar OUTLOOK
Wed, May 6 2009, 14:01 GMT
by Trading Central Team
CDD (USD/CAD on ISE): further USD weakness expected.
Pivot: 121
Our forecast: Down move towards 114.65 & 108.30.
Comment: The RSI is badly directed, the pair stands within a bearish channel and is challenging its strong support.
To leverage our Trend Opinion on the ISE FX Canadian Dollar currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, May 6 2009, 14:01 GMT
5
0
Swiss Franc OUTLOOK
Mon, May 4 2009, 11:08 GMT
by Trading Central Team
SFC (USD/CHF on ISE): new USD weakness expected.
Pivot: 117
Our forecast: Down move towards 113 & 111.50.
Comment: The RSI is breaking below its rising trend line, the pair is shaping a flag and should face a further weakness.
To leverage our Trend Opinion on the ISE FX Swiss Franc we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, May 4 2009, 11:08 GMT
1
0
Euro OUTLOOK
Wed, Apr 29 2009, 14:18 GMT
by Trading Central Team
EUI (USD/EUR on ISE): new USD weakness expected.
Pivot: 77
Our forecast: Down move towards 74 & 72.80.
Comment: The RSI is turning down, the pair is breaking below its flag bearish pattern) lower boundary.
To leverage our Trend Opinion on the ISE FX Euro currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, Apr 29 2009, 14:18 GMT
6
0
Yen OUTLOOK
Mon, Apr 27 2009, 11:07 GMT
by Trading Central Team
YUK (USD/JPY on ISE): further USD weakness expected.
Pivot: 101.30
Our forecast: Down move towards 93.60 & 91.60.
Comment: The pair is on the downside and is challenging its intermediary support, a further weakness is expected as the RSI is bearish.
To leverage our Trend Opinion on the ISE FX Yen we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Apr 27 2009, 11:07 GMT
8
2
British Pound OUTLOOK
Tue, Apr 21 2009, 05:26 GMT
by Trading Central Team
BPX (USD/GBP on ISE): USD rebound expected.
Pivot: 67
Our forecast: Up move towards 70.90 & 73.80.
Comment: The pair is escaping from a falling wedge (bullish pattern) and should post a further up move as the RSI is turning up.
To leverage our Trend Opinion on the ISE FX British Pound currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Apr 21 2009, 05:26 GMT
8
0
Australian Dollar OUTLOOK
Mon, Apr 20 2009, 12:12 GMT
by Trading Central Team
AUX (USD/AUD on ISE): USD rebound expected.
Pivot: 136.50
Our forecast: Up move towards 145 & 147.60.
Comment: The pair should rebound on its strong support as the RSI is turning up.
To leverage our Trend Opinion on the ISE FX Australian Dollar we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Apr 20 2009, 12:12 GMT
0
0
FX Options trade alert
Thu, Apr 16 2009, 14:35 GMT
by Trading Central Team
EUI (USD/EUR on ISE): New USD weakness expected.
Pivot: 76.50
Our forecast: Down move towards 74 & 72.80.
Comment: The pair should strike against its resistance and face a weakness towards its next support (triangle lower boundary) at first, the RSI is turning down.
To leverage our Trend Opinion on the ISE FX Euro currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Thu, Apr 16 2009, 14:35 GMT
1
0
FX Options trade alert
Thu, Apr 16 2009, 09:33 GMT
by Trading Central Team
During Tuesday's session, as the options price target was reached, Trading Central sold (to close) CDD FX Options generating a 100% theoretical profit into its FX Options Educational Portfolio.
RECAP
Last week on April 7th 2009, Trading Central analysts identified signs of WEAKNESS of the US dollar against the Canadian dollar exhibited on the CHART of April 7th 2009 the ISE Canadian Dollar Index (CDD).
In order to leverage their bearish FX market view Trading Central analysts sent a Buy (to open) Alert for PUT options at $1.05 (HUHQC: 121.50 / May09) which were sold at $2.10 yesterday.
Published on Thu, Apr 16 2009, 09:33 GMT
1
0
British Pound OUTLOOK
Mon, Apr 13 2009, 12:19 GMT
by Trading Central Team
BPX (USD/GBP on ISE): Further USD weakness expected.
Pivot: 70.90
Our forecast: Down move towards 66.55 & 65.
Comment: The RSI has broken below its LT rising trend line, the pair is on the downside and is challenging its strong support.
To leverage our Trend Opinion on the ISE FX British Pound we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Apr 13 2009, 12:19 GMT
13
1
Canadian Dollar OUTLOOK
Tue, Apr 7 2009, 13:02 GMT
by Trading Central Team
CDD (USD/CAD on ISE): Further USD weakness expected.
Pivot: 126.75
Our forecast: Down move towards 122 & 117.60.
Comment: The pair has struck against its new resistance (former rising trend line) and should face a new down move as the RSI is under pressure.
To leverage our Trend Opinion on the ISE FX Canadian Dollar currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Apr 7 2009, 13:02 GMT
4
0
Yen OUTLOOK
Mon, Apr 6 2009, 11:27 GMT
by Trading Central Team
YUK (USD/JPY on ISE): Further USD bounce expected
Pivot: 96.50
Our forecast: Up move towards 103.50 & 107.50.
Comment: The pair has rebounded on its support and is breaking above its strong resistance, a further bounce is therefore expected as the RSI is bullish.
To leverage our Trend Opinion on the ISE FX Yen we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Apr 6 2009, 11:27 GMT
0
0
Yen OUTLOOK
Mon, Mar 30 2009, 14:34 GMT
by Trading Central Team
YUK (USD/JPY on ISE): New USD weakness expected.
Pivot: 98.95Our forecast: Down move towards 95 & 93.60.
Comment: The pair is rebouding on its support but its extend should be limited by its next resistance as the RSI remains badly directed
To leverage our Trend Opinion on the ISE FX Yen currency rate we selected the following strategy.
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 30 2009, 14:34 GMT
6
0
Swiss Franc OUTLOOK
Mon, Mar 30 2009, 11:49 GMT
by Trading Central Team
SFC (USD/CHF on ISE): New USD weakness expected.
Pivot: 116
Our forecast: Down move towards 111.50 & 108.
Comment: The pair has rebounded on its support but should be capped by its new resistance on the upside.
To leverage our Trend Opinion on the ISE FX Swiss Franc we can use different options :
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 30 2009, 11:49 GMT
1
0
British Pound OUTLOOK
Tue, Mar 24 2009, 14:01 GMT
by Trading Central Team
Pivot: 70.90
Our forecast: Down move towards 66.80 & 65.
Comment: The RSI is breaking below its LT rising trend line, the pair is on the downside and is validating a double top pattern.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Mar 24 2009, 14:01 GMT
5
0
Australian Dollar OUTLOOK
Mon, Mar 23 2009, 14:24 GMT
by Trading Central Team
AUX (USD/AUD on ISE): USD weakness expected.
Pivot: 151.30
Our forecast: Down move towards 137.6 & 133.65.
Comment: The RSI is capped by a MT declining trend line, the pair has broken below a triangle lower boundary and should face a further weakness.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 23 2009, 14:24 GMT
2
3
Euro OUTLOOK
Mon, Mar 16 2009, 15:51 GMT
by Trading Central Team
EUI (USD/EUR on ISE): USD weakness expected.
Pivot: 78.50
Our forecast: Down move towards 75 & 73.
Comment: The RSI is on the downside, the pair has broken below its MT bullish channel lower boundary and has struck against its strong resistance.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 16 2009, 15:51 GMT
29
3
British Pound OUTLOOK
Mon, Mar 16 2009, 15:20 GMT
by Trading Central Team
BPX (USD/GBP on ISE): USD weakness expected.
Pivot: 73.80
Our forecast: Down move towards 69 & 66.80.
Comment: The RSI is capped by a MT declining trend line, the pair is shaping a double top pattern (not yet fully confirmed).
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 16 2009, 15:20 GMT
1
0
Yen OUTLOOK
Mon, Mar 9 2009, 16:34 GMT
by Trading Central Team
YUK (USD/JPY on ISE): USD weakness expected.
Pivot: 100
Our forecast: Down move towards 96.5 & 94.5.
Comment: The pair has struck against its resistance (50% Fibonacci retracement) and the RSI is posting a bearish divergence.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 9 2009, 16:34 GMT
18
4
Canadian Dollar OUTLOOK
Mon, Mar 9 2009, 14:54 GMT
by Trading Central Team
CDD (USD/CAD on ISE): Further USD up move expected.
Pivot: 125
Our forecast: Up move towards 133 & 144.
Comment: The pair has broken above its triangle (continuation pattern) upper boundary and should post a further bounce.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 9 2009, 14:54 GMT
1
0
Euro OUTLOOK
Mon, Mar 2 2009, 15:17 GMT
by Trading Central Team
EUI (USD/EUR on ISE): Further USD bounce expected.
Pivot: 77
Our forecast: Up move towards 81 & 82.50.
Comment: The pair has rebounded on its MT bullish channel lower boundary and is challenging its resistance, the RSI is on the upside.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Mar 2 2009, 15:17 GMT
3
1
British Pound OUTLOOK
Wed, Feb 25 2009, 17:18 GMT
by Trading Central Team
BPX (USD/GBP on ISE): Further USD bounce expected.
Pivot: 66.80
Our forecast: Up move towards 71 & 73.50.
Comment: The pair is rebounding on its channel lower boundary, the RSI remains supported by a MT rising trend line.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations
Published on Wed, Feb 25 2009, 17:18 GMT
6
0
Australian Dollar OUTLOOK
Mon, Feb 23 2009, 15:11 GMT
by Trading Central Team
AUX (USD/AUD on ISE): Further USD bounce expected.
Pivot: 145
Our forecast: Up move towards 159 & 166.50.
Comment: The pair is shaping a triangle (continuation pattern) and should post a further bounce.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Mon, Feb 23 2009, 15:11 GMT
9
0
Yen OUTLOOK
Wed, Feb 18 2009, 15:02 GMT
by Trading Central Team
YUK (USD/JPY on ISE): Further USD bounce expected.
Pivot: 90
Our forecast: Up move towards 94.60 & 97.50.
Comment: The RSI is supported by a rising trend line and remains well directed, the pair should post a further bounce towards its next resistance.
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, Feb 18 2009, 15:02 GMT
2
0
Swiss Franc OUTLOOK
Tue, Feb 17 2009, 17:52 GMT
by Trading Central Team
SFC (USD/CHF on ISE): Further USD bounce expected.
Pivot: 113
Our forecast: Up move towards 119.05 & 122.50.
Comment: The pair remains within a a MT bullish channel, the RSI is still on the upside.
Published on Tue, Feb 17 2009, 17:52 GMT
0
0
Euro OUTLOOK
Tue, Feb 10 2009, 15:29 GMT
by Trading Central Team
EUI (USD/EUR on ISE): USD weakness expected
Pivot: 78.50
Our forecast: Down move towards 75 & 73.
Comment: The RSI is turning down, the pair should break below its MT bullish channel lower boundary.
Published on Tue, Feb 10 2009, 15:29 GMT
0
0
Yen OUTLOOK
Mon, Feb 9 2009, 17:04 GMT
by Trading Central Team
YUK (USD/JPY on ISE): USD rebound expected
Pivot: 88.50
Our forecast: Up move towards 94.60 & 96.25.
Comment: The RSI is supported by a rising trend line, the pair should reach its next resistance.
Published on Mon, Feb 9 2009, 17:04 GMT
1
0
Euro OUTLOOK
Wed, Feb 4 2009, 14:54 GMT
by Trading Central Team
EUI (USD/EUR on ISE): USD further bounce expected
Pivot: 76
Our forecast: Up move towards 79.40 & 81.
Comment: The pair remains within a MT bullish channel and should post a further up move.
Published on Wed, Feb 4 2009, 14:54 GMT
2
0
Canadian Dollar OUTLOOK
Mon, Feb 2 2009, 15:06 GMT
by Trading Central Team
CDD (USD/CAD on ISE): Up move expected
Pivot: 117.50
Our forecast: Up move towards 130 & 132.75.
Comment: The pair has rebounded on its support and is shaping a triangle (continuation pattern).
Published on Mon, Feb 2 2009, 15:06 GMT
0
0
FX Options trade alert
Tue, Jan 20 2009, 11:23 GMT
by Trading Central Team
Last week, the U.S. Dollar regained some strength against all currencies. On a technical point of view, the USD/EUR and the USD/CHF are on the upside and are now approaching their next resistance levels (former supports). The USD/GBP has rebounded on the lower boundary of its bullish channel and its daily RSI is turning up. The USD/JPY and its technical indicators are turning up and are challenging their intermediary resistances. The USD/CAD is on the upside and should reach its previous high. The daily RSI of the USD/AUD has broken above its MT declining trend line and advocates for a further up move.
On the macro-economic perspective, very few statistics are due this week except from Real-Estate figures and weekly jobless claims on Thursday. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Tue, Jan 20 2009, 11:23 GMT
6
0
British Pound OUTLOOK
Tue, Jan 13 2009, 05:40 GMT
by Trading Central Team
PX (USD/GBP on ISE): Rebound expected
Pivot: 65
Our forecast: Up move towards 68.20 & 69.70.
Comment: The daily RSI is supported by a MT rising trend line, the pair has rebounded on its support.
To leverage our Trend Opinion on the ISE FX British Pound currency rate we selected the following strategy.
| Option Strategy | LONG CALL |
| Action | Buy to Open |
| Last price | 1.90 - 2.10 |
| Target | At or above 4 |
| Stop loss | At or below 1.50 |
| Option Details | |
| Type | CALL |
| Strike | 68.5 |
| Maturity | 9-Mar |
| Option Ticker | BAJCQ |
| Option Market | ISE EXCHANGE |
| Currency Rate | ISE FX British Pound |
| Currency Ticker | BPX |
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Jan 13 2009, 05:40 GMT
6
0
FX Options trade alert
Mon, Jan 12 2009, 12:09 GMT
by Trading Central Team
Last week, the U.S. Dollar faced some weakness especially against the British Pound and the Japanese Yen. On a technical point of view, the USD/EUR and the USD/CHF are on the upside and are approaching their next intermediary resistances. The USD/GBP should post a rebound on its support as its daily technical indicators are turning up. The USD/CAD and the USD/JPY are on the downside and are approaching their supports. The USD/AUD remains under pressure as its daily RSI is capped by a MT declining trend line.
On the macro-economic perspective, as same as the last week, the following sessions will be very important as we will wait for the U.S. Retail Sales on Wednesday. The CPI figures, showing the inflation rate will be due on Friday. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Jan 12 2009, 12:09 GMT
9
0
FX Options trade alert
Mon, Jan 5 2009, 12:59 GMT
by Trading Central Team
Last week, the U.S. Dollar was firm especially against the euro and the Swiss franc. However, it slid against the Australian dollar and the Canadian dollar as rising commodities prices supported these currencies. On a technical point of view, the USD/EUR and the USD/JPY have broken above their resistances. Indeed, the USD/JPY is pushing above a key declining trend line which was in place since September 2008 and the USD/EUR has broken above the 38.2% Fibonacci level at 72.30 (Fibonacci retracement of the down move from 80.65 to 68.10). The USD/GBP is shaping a tentative broadening pattern (bearish pattern) and argues for caution. Both the USD/AUD and the USD/CAD are shaping a rounding top thus calling for further consolidation in coming weeks. The USD/CHF is rebounding from a key rising trend line.
On the macro-economic perspective, very important statistics are due this week with the construction spending later this morning, the ISM Non-Manufacturing on Tuesday, the ADP figures on Wednesday and, last but not least, the Non-Farm Payrolls data on Friday. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Jan 5 2009, 12:59 GMT
6
0
FX Options trade alert
Mon, Dec 29 2008, 11:52 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to drop against all other currencies in thin volumes. On a technical point of view, the USD/EUR, the USD/CAD and the USD/AUD remain below their new resistances and should face further weaknesses. The USD/GBP is approaching its strong resistance. The USD/JPY is still capped by a declining trend line. The USD/CHF is under pressure and should reach its next support.
On the macro-economic perspective, this week will also be very short as many operators are likely to be away from their office due to the New Year’s Eve. We will wait for the Conference Board Confidence survey and the Chicago PMI on Tuesday. The Manufacturing ISM will be released on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Dec 29 2008, 11:52 GMT
9
0
FX Options trade alert
Mon, Dec 22 2008, 11:56 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to drop against all other currencies before regaining some strength at the end of the week. On a technical point of view, the USD/EUR is approaching its intermediary resistance and the USD/GBP is next to its previous high. The USD/JPY and its daily technical indicators remain capped by their MT declining trend lines. The USD/CAD and USD/CHF outlooks are mixed but the pairs remain under pressure. The USD/AUD has rebounded on its support and is approaching its resistance.
On the macro-economic perspective, the week will be very short as many operators are likely to be away from their office due to the Christmas holidays. Some statistics are scheduled tomorrow with the GDP and the Michigan Confidence survey final estimates; new home sales figures are also due on Tuesday. On Wednesday, we will have a look at the Personal Spending and Revenues, and Durable Goods Orders. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Dec 22 2008, 11:56 GMT
0
0
Euro OUTLOOK
Tue, Dec 9 2008, 09:02 GMT
by Trading Central Team
EUI (USD/EUR on ISE): Weakness expected
Pivot: 80
Our forecast: Down move towards 76.50 & 75.
Comment: The daily RSI is capped by a declining trend line, the pair has struck against its resistance and should face a down move.
To leverage our Trend Opinion on the ISE FX Euro currency rate we selected the following strategy.
| Option Strategy | LONG PUT |
| Action | Buy to Open |
| Last price | 2.20 - 2.40 |
| Target | At or above 4.60 |
| Stop loss | At or below 1.80 |
| Option Details | |
| Type | PUT |
| Strike | 77.5 |
| Maturity | 9-Feb |
| Option Ticker | EUINO |
| Option Market | ISE EXCHANGE |
| Currency Rate | ISE FX Euro |
| Currency Ticker | EUI |
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Dec 9 2008, 09:02 GMT
1
0
FX Options trade alert
Mon, Dec 8 2008, 11:50 GMT
by Trading Central Team
Last week, the U.S. Dollar was under pressure due to a decrease in risk aversion, as the equity markets turned into positive territory. This trend should continue this week. On a technical point of view, the USD/EUR and the USD/CAD have struck against their strong resistances and are facing further weaknesses as their technical indicators are turning down. The USD/JPY remains on the downside but its daily RSI lacks downward momentum. The USD/GBP is still challenging its resistance. The USD/CHF remains within a bullish channel. The USD/AUD is shaping a triangle which could lead to a reversal pattern.
On the macro-economic perspective, we will wait until the end of the week and the release of some interesting statistics with the Retail Sales, the Producer Price Index and the University of Michigan Confidence survey. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Dec 8 2008, 11:50 GMT
0
0
FX Options trade alert
Mon, Dec 1 2008, 12:14 GMT
by Trading Central Team
Last week was the opposite of the previous one as the U.S. Dollar lost ground at the beginning of the week and regained strength during the last days. On a technical point of view, the USD/EUR is on the upside and is approaching its next resistance level, the USD/CHF, which is much correlated to the Euro, remains within a MT bullish channel. The USD/GBP is turning down as the RSI is on the downside. The USD/JPY is under pressure and remains capped by a declining trend line. The USD/CAD has struck against its strong resistance at 130 and its outlook is mixed for the moment. The USD/AUD is shaping a potential complex head and shoulders pattern as the RSI is on the downside.
On the macro-economic perspective, very important statistics are due this week with the ISM Manufacturing later this morning, the ADP figures and the ISM Non-Manufacturing on Wednesday and, last but not least, the Non-Farm Payrolls data on Friday. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Dec 1 2008, 12:14 GMT
0
0
FX Options trade alert
Mon, Nov 24 2008, 12:00 GMT
by Trading Central Team
Last week, the outlook was still mixed on the U.S. Dollar as it lost some strength in the last days after having gained ground at the beginning of the week. On a technical point of view, the USD/EUR remains within a symmetrical triangle (continuation pattern) and is challenging its strong resistance. The USD/CAD is challenging its former high at 130, the USD/JPY remains under pressure and its daily technical indicator does not show any reversal sign yet. The USD/GBP and the USD/AUD are well oriented but seem to lack upward momentum. The USD/CHF is on the upside and is challenging the upper boundary of its bullish channel.
On the macro-economic perspective, many statistics are due this week with Real-Estate figures later this morning and on Wednesday. GDP figures and Consumer Confidence survey are due tomorrow. Durable Goods orders and Personal Income and Consumption are also due on Wednesday. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Nov 24 2008, 12:00 GMT
8
0
Euro OUTLOOK
Fri, Nov 21 2008, 05:51 GMT
by Trading Central Team
EUI (USD/EUR on ISE): Further bounce expected
Pivot: 78
Our forecast: Up move towards 81 & 83.
Comment: The pair is shaping a symetrical triangle which should favor a further bounce.
To leverage our Trend Opinion on the ISE FX Euro currency rate we selected the following strategy.
| Option Strategy | LONG PUT |
| Action | Buy to Open |
| Last price | 2.05 - 2.15 |
| Target | At or above 4.20 |
| Stop loss | At or below 1.6 |
| Option Details | |
| Type | CALL |
| Strike | 79.5 |
| Maturity | 8-Dec |
| Option Ticker | EUILS |
| Option Market | ISE EXCHANGE |
| Currency Rate | ISE FX Euro |
| Currency Ticker | EUI |
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Fri, Nov 21 2008, 05:51 GMT
9
1
FX Options trade alert
Mon, Nov 17 2008, 12:08 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to strengthen against all other currencies and especially against the British Pound and the Swiss Franc. On a technical point of view, the trend remains bullish against the Australian Dollar but the indicators seem to weaken. On the USD/JPY, the RSI may favour a rebound but the pair remains below its new resistance (former support). The USD/EUR is approaching its previous high but its RSI is capped by a declining trend line. The USD/CAD has rebounded against its strong support (50% Fibonacci retracement) and remains well oriented for the moment.
On the macro-economic perspective, the Empire Manufacturing survey and the Industrial Production are due later this morning, we will also have a look on the inflation figures which will be released next Wednesday. Will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Nov 17 2008, 12:08 GMT
0
0
Euro OUTLOOK
Tue, Nov 11 2008, 06:10 GMT
by Trading Central Team
EUI (USD/EUR on ISE): Down move expected
Pivot: 79
Our forecast: Down move towards 76.50 & 75.
Comment: The pair is shaping a reversal triangle, the RSI is capped by a declining trend line.
To leverage our Trend Opinion on the ISE FX Euro currency rate we selected the following strategy.
| Option Strategy | LONG PUT |
| Action | Buy to Open |
| Last price | 1.00 - 1.10 |
| Target | At or above 2.10 |
| Stop loss | At or below 0.80 |
| Option Details | |
| Type | PUT |
| Strike | 76 |
| Maturity | 8-Dec |
| Option Ticker | EUIXL |
| Option Market | ISE EXCHANGE |
| Currency Rate | ISE FX Euro |
| Currency Ticker | EUI |
* Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
* Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Tue, Nov 11 2008, 06:10 GMT
16
0
FX Options trade alert
Mon, Nov 10 2008, 12:11 GMT
by Trading Central Team
Last week was mixed for the U.S. Dollar as it lost some weight during the first half of the week before regaining the ground lost during the second half. Thus, on the technical point of view, the USD/EUR and the USD/AUD have rebounded on their intermediary supports but seem to lack upward momentum. The USD/JPY has struck against its new resistance but the RSI is on the upside and calls for caution. The USD/CHF remains well oriented and does not show any reversal sign for the moment. The USD/CAD and the USD/GBP are very volatile on an intraday basis and ranging on a daily basis.
On the macro-economic perspective, the Non-Farm Payrolls figures released last Friday were worst than expected from which the U.S. Dollar did not suffer though, we will be meanwhile more cautious on its perspectives for this week. Few important statistics are due this week and awaiting for the Retail Sales figures and the University of Michigan Confidence survey to be released on next Friday. Will keep you informed of our strategy.
Please find attached our virtual portfolio
Published on Mon, Nov 10 2008, 12:11 GMT
0
0
FX Options trade alert
Mon, Nov 3 2008, 12:06 GMT
by Trading Central Team
Last week, the U.S. Dollar suffered some weakness following the Fed’s decision to cut its rate by 50 bps to 1%. The USD/CAD has struck against its strong resistance at 1.30 but we were not able to enter the trade due to a too high volatility. The USD/JPY is posting a rebound and is approaching an interesting resistance area. The USD/AUD and the USD/CHF remain well oriented on the upside.
On the macro-economic perspective, the ISM Manufacturing is due today and the Non-Farm Payrolls are to be released on Friday, following the ADP figures on Thursday. Due to the very high volatility levels, we will be very cautious on our next recommendations and will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Nov 3 2008, 12:06 GMT
0
0
FX Options trade alert
Mon, Oct 27 2008, 11:46 GMT
by Trading Central Team
Last week, volatility reached a historically high and we were able to benefit from it, as our target on our SHORT USD/JPY recommendation has been reached. USD/EUR and USD/GBP remain on the upside as the Euro and the British Pound are under pressure due to fears on economic growth in Europe. The Japanese Yen appears like a safe heaven and remains strong against all other currencies. On a technical point of view, we don’t see any reversal sign on the bullish U.S. Dollar trend for the moment.
On the macro-economical perspective, the FOMC rate decision and the durable goods orders are due on Wednesday, GDP is scheduled on Thursday, personal income and consumption are to be released at the end of the week. Due to the very high volatility levels, we will be very cautious on our next recommendations and will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Oct 27 2008, 11:46 GMT
0
0
FX Options trade alert
Mon, Oct 20 2008, 12:44 GMT
by Trading Central Team
Last week there was very choppy action in the markets as volatility remained very high. However, the U.S. Dollar lost some ground as fears of a systemic risk have diminished. Our SHORT USD/JPY have reached its target after the close of the U.S. market, the position is therefore still open. On a technical point of view, the USD/EUR and the USD/CAD are posting bearish divergences (not yet fully confirmed). The USD/AUD remains well oriented, and the USD/CHF is challenging its resistance, yet lacks upward momentum.
On the macro-economical perspective, very few figures are due this week with only Real-Estate statistics to be released on Friday. We therefore remain cautious on our next recommendations and will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Oct 20 2008, 12:44 GMT
0
0
Yen Outlook
Wed, Oct 15 2008, 08:23 GMT
by Trading Central Team
YUK (USD/JPY on ISE): Weakness expected
Pivot: 104.50
Our forecast: Down move towards 101 & 99.
Comment: The pair should strike against its new resistance (former support) and face a new down move.
To leverage our Trend Opinion on the ISE FX Euro currency rate we selected the following strategy.
| Option Strategy | LONG PUT |
| Action | Buy to Open |
| Last price | 2.00 - 2.10 |
| Target | At or above 4.10 |
| Stop loss | At or below 1.60 |
| Option Details | |
| Type | PUT |
| Strike | 102 |
| Maturity | 8-Nov |
| Option Ticker | UZOWD |
| Option Market | ISE EXCHANGE |
| Currency Rate | ISE FX Euro |
| Currency Ticker | YUK |
Volatility Cones can be used to visualize current option implied volatility relative to historic volatilities at different maturity ranges.
Historical volatility measures actual market fluctuations of an underlying asset. Implied volatility is a measure of market expectations regarding the underlying future fluctuations.
Published on Wed, Oct 15 2008, 08:23 GMT
0
0
FX Options trade alert
Mon, Oct 13 2008, 12:06 GMT
by Trading Central Team
Last week, the U.S. Dollar continued its rally thanks to a “fly to quality” involved by the collapse of the equity markets. If an equity rebound is confirmed, the green back could lose some ground against all other currencies. On a technical point of view, we don’t see any reversal sign yet and the high volatility involves being very careful on our further recommendations, as long as options are leveraged products.
On the macro-economical perspective, markets will still stay tuned on the different rescue plans around the world but some interesting figures are to be released this week with the Retail Sales on Wednesday, the Inflation (CPI) on Thursday and the University of Michigan Confidence survey on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Oct 13 2008, 12:06 GMT
0
0
FX Options trade alert
Mon, Oct 6 2008, 13:53 GMT
by Trading Central Team
Last week, the U.S. Dollar has gained ground against all other currencies as the fears of a systemic risk diminished.
Thanks to that, our last LONG USD/CAD recommendation exceeded our initial targets. This strength is also due to the fall in oil prices led by fears of worldwide economic growth.
On a technical point of view, the USD/EUR and the USD/GBP remain well oriented but their daily RSI lack upward momentum. The USD/JPY is still under pressure and is challenging its support. The USD/CAD has rebounded well on its new strong support (as expected) and is challenging its previous high. The USD/AUD and the USD/CHF are on the upside but the trends seem to be weakening.
On the macro-economical perspective, few statistics are due this week with some real-estate figures on Wednesday and import prices on Friday. The market will have a look on the Paulson bailout plan to check what could be its real cost for the U.S. and, thus, for the green back. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Oct 6 2008, 13:53 GMT
0
0
FX Options trade alert
Tue, Sep 30 2008, 07:51 GMT
by Trading Central Team
Last week, the bullish U.S. Dollar trend lacked upward momentum against all other currencies, yet the current consolidation might soon come to an end. Indeed, the USD/CAD completed a pull back to a new, strong support level (former resistance) at 103. The USD/GBP has broken above a short-term declining trend line, in place since mid-September high. The USD/EUR is now bouncing off of its 50% Fibonacci retracement area at 67.2.
On the macro-economical perspective, repeated delays regarding the approval of the $700 billion rescue plan is raising uncertainty in the markets worldwide and have pushed for buying in the US dollar. Some interesting U.S. figures are due this week with US Consumer Confidence tomorrow, ISM - Manufacturing & Price Paid on Wednesday, Thursday we have the ECB rate decision, and on Friday expect the Non-farm Payroll figures.
Published on Tue, Sep 30 2008, 07:51 GMT
0
0
FX Options trade alert
Tue, Sep 23 2008, 15:15 GMT
by Trading Central Team
CDD (USD/CAD on ISE): Rebound expected Pivot: 103 Our forecast: Rebound towards 105.80 & 108. Comment: The pair should rebound on its new support (former resistance).
Published on Tue, Sep 23 2008, 15:15 GMT
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0
FX Options trade alert
Mon, Sep 22 2008, 13:10 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to lose ground against all other currencies, mainly due to the B$ 700 rescue plan by the Federal Reserve and the US Government. On a technical point of view, the USD/JPY has struck against its new resistance and is facing weakness. The USD/EUR and the USD/GBP are approaching their next support levels. The USD/CAD is leaning towards the downside and is approaching a new support (former resistance). The USD/AUD and the USD/CHF are reversing down and are approaching their intermediary supports.
On the macro-economical perspective, few important statistics are due this week as some real estate figures are due to be released on Wednesday and Thursday, and Durable Goods orders on Thursday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Sep 22 2008, 13:10 GMT
0
0
FX Options trade alert
Tue, Sep 16 2008, 14:27 GMT
by Trading Central Team
Copyright TRADING CENTRAL
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects TRADING Central current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
Options transactions carry a high degree of risk. Purchasers and sellers of options should familiarize themselves with the type of option (i.e. put or call), which they are contemplating trading and the associated risks including premium and all transaction costs.
To find our more about trading options you can visit: www.888options.com
Options involve risk and are not suitable for everyone. Prior to buying or selling an option, a person must receive a copy of CHARACTERISTICS AND RISKS OF STANDARDIZED OPTIONS. Copies may be obtained from your broker, one of the exchanges or The Options Clearing Corporation. TRADING Central, a leading investment research provider, is a registered investment advisor, not a broker-dealer. TRADING Central is not affiliated with the International Securities Exchange, however ISE compensates TRADING Central for performing this research, including generating FX options trading alerts. Investors should exercise judgment and perform adequate due-diligence prior to making any investment.
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TRADING Central is not registered in France as an Investment Services Provider but complies with the following rules and directives, including:
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TRADING CENTRAL SYNTHETIC DIRECTIONAL PORTFOLIO
Thanks to your options broker, you now have access to a synthetic portfolio (ie. a paper portfolio) managed by TRADING CENTRAL. Based on TRADING CENTRAL directional observations they simulate a trading situation whereby they would leverage their currency forecast using ISE FX Options. This is a fantastic educational program previously only available to Institutional Investors for training purposes. No trades are executed by TRADING CENTRAL whose paper portfolio is only meant to measure theoretical performance. This publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument.
Published on Tue, Sep 16 2008, 14:27 GMT
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0
FX Options trade alert
Mon, Sep 15 2008, 13:35 GMT
by Trading Central Team
Last week, the U.S. Dollar suffered some weakness, but remains well oriented due in part to good macro-economic figures (Michigan survey better than expected last Friday). On a technical point of view, the USD/EUR remains within a bullish channel, while the USD/JPY has broken below its rising trend line and should face a further weakness. The USD/CAD is posting a bearish divergence, but this pattern has not yet fully been confirmed.
On the macro-economical perspective, US inflation figures are due on Tuesday, such as the FOMC rate decision, which is expected to stay on “hold” at 2%. The markets remain very volatile and we will be cautious for our next recommendations. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Sep 15 2008, 13:35 GMT
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FX Options trade alert
Tue, Sep 9 2008, 05:24 GMT
by Trading Central Team
Last week, the bullish U.S. Dollar trend remained in place allowing us to reach our 3rd consecutive 100% target on our ISE option portfolio strategy.
On a technical point of view, overbought indicators show little reversal signs for the moment. Yet, the US dollar still has some short-term upside potential.
On the macro-economical perspective, very important figures on UK economy are to be released this week with the industrial & manufacturing production tomorrow & trade balance Wednesday. On the US, the end of the week will be interesting as the Trade Balance will be released on Thursday and Price Index, Retail Sales & University of Michigan Confidence numbers are due out on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Tue, Sep 9 2008, 05:24 GMT
0
0
FX Options trade alert
Tue, Sep 2 2008, 11:15 GMT
by Trading Central Team
Last week, the bullish U.S. Dollar trend remained strong especially against Euro, British Pound and Canadian Dollar. The USD/JPY was under pressure and has shaped a diamond (reversal pattern) which should lead to a further down move. However, the U.S. Dollar should reinforce its strength in the coming days as fears on (of) the Hurricanes have softened.
On the macro-economical perspective, very important figures are to be released this week with the manufacturing ISM today, the non-manufacturing ISM on Thursday and the Non-Farm Payrolls on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Tue, Sep 2 2008, 11:15 GMT
0
0
FX Options trade alert
Fri, Aug 29 2008, 14:27 GMT
by Trading Central Team
Please find attached our virtual portfolio.
Published on Fri, Aug 29 2008, 14:27 GMT
0
0
FX Options trade alert
Mon, Aug 25 2008, 11:14 GMT
by Trading Central Team
Last week, the bullish U.S. Dollar trend lacked upward momentum against all other currencies but does not show any reversal sign yet. Indeed, from a technical point of view, the USD/JPY remains within a bullish channel; the USD/CAD is pulling back on its new strong support (former resistance); the USD/GBP remains well oriented and the USD/EUR stands above an intermediary support.
On the macro-economical perspective, some interesting U.S. figures are due this week with Real Estate statistics today and tomorrow, Consumer Confidence on Tuesday, GDP on Wednesday, Personal Income and Spending on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Aug 25 2008, 11:14 GMT
0
0
FX Options trade alert
Mon, Aug 18 2008, 11:15 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to over perform against all currencies but with a weaker momentum. We are therefore waiting for a reversal sign which has not come yet. From a technical point of view, the USD/EUR and the USD/GBP are approaching their former highs, the USD/JPY remains within a bullish channel.
On the macro-economical perspective, only US Real Estate figures are due this week, the German ZEW survey is to be released on Tuesday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Aug 18 2008, 11:15 GMT
0
0
FX Options trade alert
Mon, Aug 11 2008, 12:57 GMT
by Trading Central Team
Last week, our long positions on the U.S. Dollar performed very well as both the LONG USD/EUR and the LONG USD/CAD recommendations gained at least 100%. This rally was mainly due to comments made by Mr. Trichet, president of the ECB, about the bad health of the European economy.
From the technical point of view, the USD/EUR and USD/GBP have broken their strong resistance levels, but should lack upward momentum. The USD/JPY remains within a bullish channel. A U.S. Dollar pull back should not be ruled out in the coming days and we will pay attention to any reversal sign.
On the macro-economical perspective, some important U.S. figures are due this week with the Retail Sales on Wednesday and the CPI on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Mon, Aug 11 2008, 12:57 GMT
0
0
FX Options trade alert
Tue, Aug 5 2008, 12:52 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Tue, Aug 5 2008, 12:52 GMT
0
0
FX Options trade alert
Tue, Aug 5 2008, 07:50 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to strengthen against all currencies thanks to stronger than expected Non-Farm Payrolls figures and Manufacturing ISM. From a technical point of view, the USD/EUR and USD/GBP are approaching their next resistance levels. The USD/JPY has rebounded on its intermediary support and should post a further up move.
On the macro-economical perspective, Personal Income and Spending are expected today and the Non-Manufacturing ISM is due tomorrow. We will also wait for the Fed decision on Interest rate on Tuesday, which is expected to stay on hold. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Published on Tue, Aug 5 2008, 07:50 GMT
0
0
FX Options trade alert
Wed, Jul 30 2008, 05:56 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Wed, Jul 30 2008, 05:56 GMT
0
0
FX Options trade alert
Tue, Jul 29 2008, 06:00 GMT
by Trading Central Team
Last week the US Dollar confirmed its strength and advanced against most of the major currencies, allowing us to send Friday an FX OPTIONS TRADE ALERT (BUY EUI CALL OCT08 64.5 target 2.00 ticker: EUZJI). As the price is close to our invalidation level & to cope with any intraday spikes we decided to lower our theoretical invalidation level at 0.70 on this alert, as we remain confident on this idea.
On a technical point a view, the US dollar is about to draw a bullish acceleration against the Yen, should a break above 108.5 & against the Canadian dollar in case of a break above 103. We will watch those level closely & keep you inform if those bullish signals are confirmed.
On the macro-economical perspective, on Wednesday the market is expecting a sharp decline in Japan may industrial production figures & a deteriorating European Business climate. Thursday, the market is expected to look closely at US GDP figures & will look carefully Friday at US employment data.
Please find attached our virtual portfolio.
Published on Tue, Jul 29 2008, 06:00 GMT
0
0
FX Options trade alert
Mon, Jul 28 2008, 07:06 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Mon, Jul 28 2008, 07:06 GMT
0
0
FX Options trade alert
Tue, Jul 22 2008, 05:56 GMT
by Trading Central Team
Last week, the U.S. Dollar traded in a tight range, lacking momentum against most of the major currencies except for the Yen. Indeed, after falling close to our target mentioned in our last FX OPTIONS TRADE ALERT (BUY PUT AUG08 105.5 target 2.4), the U.S. Dollar rallied to recover all the ground lost. The current situation is mixed as the currency is currently challenging key levels while technical indicators don’t show any clear signal.
However, the current U.S. Dollar strength against the Japanese Yen might be a good idea to play, should the price break above the 108.5 resistance area. If this case, a long YUK CALL will be a good opportunity.
On the macro-economical perspective, some important statistics are due at the end of week (especially Friday), with the German IFO to be release on Thursday. On Friday, the market is expected to have an eye on US data: Durable Goods Orders, University of Michigan Confidence & New Homes Sales.
Please find attached our virtual portfolio.
Published on Tue, Jul 22 2008, 05:56 GMT
0
0
FX Options trade alert
Mon, Jul 14 2008, 13:10 GMT
by Trading Central Team
Last week, the U.S. Dollar faced weakness against all currencies due to concerns on the health of U.S. banks. Technically, the USD/JPY has broken below the bullish channel's lower boundary and the USD/EUR has broken below its previous low. The USD/CAD still remains within a tight range.
From the macro-economical perspective, some important statistics are due this week, with the U.S. Retail Sales to be release on Tuesday and inflation figures on Wednesday. Fed Chairman Bernanke will provide commentary on the economical situation and the Fed policy tomorrow. In Europe, the ZEW survey will be published on Tuesday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, Jul 14 2008, 13:10 GMT
0
0
FX Options trade alert
Mon, Jul 14 2008, 06:59 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Mon, Jul 14 2008, 06:59 GMT
0
0
FX Options trade alert
Mon, Jul 7 2008, 11:30 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to strengthen from the previous sessions, favored by relatively dovish comments made by the President of the ECB and better than expected U.S. economic statistics. From a technical point of view, the USD/EUR validated a bullish engulfing which should lead to a further bounce. The USD/JPY has rebounded on its new support (former resistance) and the USD/GBP is approaching its new intermediary resistance.
From the macro-economical perspective, this week will lack any important statistical data, with an exception to the U.S. Trade Balance and the University of Michigan Confidence Survey due on Friday. On Thursday, the Bank of England (BoE) will announce its new interest rate which should remain unchanged. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, Jul 7 2008, 11:30 GMT
0
0
FX Options trade alert
Mon, Jun 30 2008, 11:40 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to lose ground against all currencies. The USD/GBP hit its strong resistance and then broke below its intermediary support; remaining under pressure. The USD/JPY is advancing from a new support (former resistance) on an overlap movement. However, the technical indicators remain weak and we expect further declines.
From a macro-economical point of view, a slew of key economic statistics are due this week, with the ISM (manufacturing and non-manufacturing) and the Non-Farm payrolls figures being of prime importance on Friday. The ECB will announce on Thursday if it will raise interest rates by 25 bps as expected by the market. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, Jun 30 2008, 11:40 GMT
0
0
FX Options trade alert
Thu, Jun 26 2008, 07:32 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Thu, Jun 26 2008, 07:32 GMT
0
0
FX Options trade alert
Mon, Jun 23 2008, 11:43 GMT
by Trading Central Team
Last week, the U.S. Dollar remained under pressure against all currencies. However, the trend seems to have weakened and we expect the green back to gain some strength in the coming days. From a technical point of view, the USD/GBP should rebound on its strong support area to reach its next resistance and the USD/JPY is approaching a previous high.
On the macro-economical front, some Real Estate figures are due at the end of the week, but the market will mainly focus on the FOMC rate decision next Wednesday. Also to be scrutinized will be the Fed board members' comments on the economical situation and the inflation issue. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, Jun 23 2008, 11:43 GMT
0
0
FX Options trade alert
Thu, Jun 12 2008, 07:55 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Thu, Jun 12 2008, 07:55 GMT
0
0
FX Options Trade Alert
Wed, Jun 11 2008, 11:21 GMT
by Trading Central Team
Yesterday, our LONG USD/JPY option strategy has exceed our initial objective, which lead to a +100% minimum gain in two weeks. We are now cautious on this pair and we will keep you informed of our next strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Wed, Jun 11 2008, 11:21 GMT
0
0
FX Options Trade Alert
Mon, Jun 9 2008, 11:26 GMT
by Trading Central Team
Last week was a little bit choppy as both Ben Bernanke (Fed Chairman) and Jean-Claude Trichet (ECB President) disclosed hawkish speeches which lead, helped by weak employment figures, to strong down moves on the markets.
Important macro-economical statistics are due at the end of this week with expected release of the Retail Sales and the CPI figures.
Concerning our Long USD/JPY strategy, after a pending 75% profit last Thursday and the new weakness of the U.S. Dollar, we raise our stop loss to 1.80 in order to lock in a 20% gain.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, Jun 9 2008, 11:26 GMT
0
0
FX Options Trade Alert
Tue, Jun 3 2008, 06:46 GMT
by Trading Central Team
Last week, the U.S. Dollar continued to gain some ground versus other currencies and our Long Call strategy on USD/JPY performed well with a pending +60% gain last Friday. This pair should face a pull back against the strong resistance level at 105.50 before a new up move.
This week, many important macro-economic figures are to be released in the U.S. with the ISM (manufacturing and non-manufacturing) due on Monday and Wednesday, and the Non-Farm payrolls due on Friday. We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Tue, Jun 3 2008, 06:46 GMT
0
0
FX Options Trade Alert − Update
Mon, Jun 2 2008, 13:55 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Mon, Jun 2 2008, 13:55 GMT
0
0
FX Options Trade Alert − Update
Wed, May 28 2008, 10:33 GMT
by Trading Central Team
Please find enclosed our latest FX OPTIONS TRADE ALERT.
Published on Wed, May 28 2008, 10:33 GMT
0
0
FX Options Trade Alert
Tue, May 27 2008, 11:13 GMT
by Trading Central Team
Last week, the U.S. Dollar remained under pressure and the British Pound has struck against its strong resistance and is now approaching its next support, a USD/GBP up move should not be ruled out in the coming days. From a technical point of view, the USD/JPY and the USD/CAD are still challenging their daily supports. The USD/EUR seems to lack downward momentum.
From a macro-economical point of view, some statistics are to be released in the U.S. such as New Home Sales, GDP and inflation figures (PCE). We will keep you informed of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Tue, May 27 2008, 11:13 GMT
0
0
FX Options Trade Alert
Wed, May 21 2008, 09:40 GMT
by Trading Central Team
Last week was produced mixed signals on the forex front as the U.S. Dollar was under pressure during the last few days. From a technical point of view, the USD/JPY has struck against its new resistance (former support), the USD/GBP is challenging its strong resistance (in place since late 2006) and the USD/EUR is losing some strength due to hawkish comments by Mr. Trichet, the President of the ECB.
From a macro-economical point of view, some U.S. Real Estate figures are due at the end of this week and the minutes of the last FOMC meeting are to be released tomorrow. We will keep you inform of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Wed, May 21 2008, 09:40 GMT
0
0
FX Options Trade Alert
Mon, May 12 2008, 13:56 GMT
by Trading Central Team
Last week, the U.S. Dollar lost some strength against all other currencies except the British Pound. We entered a short position on USD/JPY to take advantage of the downside breakout of a daily rising wedge (bearish pattern). A pull back to the previous lower boundary should not be ruled out before a new weak trend continues.
For this week, some decisive figures are to be released with the Retail Sales on Tuesday, the Inflation on Wednesday and the University of Michigan confidence survey on Friday. This should give a good outlook on the U.S. economy and, thus, on the U.S. Dollar perspectives. We will keep you inform of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, May 12 2008, 13:56 GMT
0
0
FX Options Trade Alert
Mon, May 5 2008, 14:01 GMT
by Trading Central Team
Last Friday, the U.S. Non-Farm Payrolls numbers were released above the consensus, which favors a strengthening of the U.S. Dollar in a period of anemic economic conditions. We entered a LONG position on the USD/CAD as the pair broke above its declining trend line (triangle pattern) and it should continue to post a further bounce.
The USD/JPY is on the upside and is approaching its former low level, which could become a new resistance. The U.S. macro-economic perspectives are less attractive than the previous week, as only Wholesale Inventories and the Trade Balance numbers are due at the end of this week.
Should our convictions be correct, we will use the options below to play our strategy:
Buy YUK Bear Put Spread
- - LONG YUK PUT JUN08 105
- - SHORT YUK PUT JUN08 103.50
Published on Mon, May 5 2008, 14:01 GMT
0
0
FX Options Trade Alert
Mon, Apr 28 2008, 16:10 GMT
by Trading Central Team
Last week, the U.S. Dollar strengthened against all currencies and validated a falling wedge (reversing pattern) against the Euro, but the upside potential seems to be limited for the moment. In the coming days, we will be monitoring the Yen as it approachs a new and fairly strong resistance level (former support).
This week will be very important from a macro-economic perspective with the U.S. Federal Reserve rate decision due on Wednesday, the ISM figures due on Thursday and the Non-Farm Payrolls scheduled for Friday.
Should our convictions be correct, we will use the options below to play our strategy:
Buy YUK Bear Put Spread
- LONG YUK PUT JUN08 104.50
- SHORT YUK PUT JUN08 103
Published on Mon, Apr 28 2008, 16:10 GMT
0
0
FX Options Trade Alert
Tue, Apr 22 2008, 13:45 GMT
by Trading Central Team
Last week, the U.S. Dollar validated a triangle pattern by breaking below its strong support. In order to take advantage of this opportunity, we bought a Bear Put Spread. Unfortunately, a stronger than expected pull-back on the former resistance stopped our bear position out.
For this week, the markets are still very volatile and we remain SHORT on the U.S. Dollar versus the British Pound. Few macro-economical figures are to be released in the coming days except the Durable Goods orders and Housing sales.
Should our convictions be correct, we will use the options below to play our strategy:
Buy EUI Bear Put Spread:
- LONG BPX PUT JUN08 0.5025
- SHORT BPX PUT JUN08 0.4950
Published on Tue, Apr 22 2008, 13:45 GMT
0
0
EUR Outlook
Wed, Apr 16 2008, 15:10 GMT
by Trading Central Team
EUI (USD/EUR on ISE): Rebound expected
Pivot: 64.50
Our forecast: Further drop.
Comment: The pair has broken down its strong support.
Published on Wed, Apr 16 2008, 15:10 GMT
0
0
FX Options Trade Alert
Wed, Apr 9 2008, 15:56 GMT
by Trading Central Team
Last week, the U.S. Dollar has been trading in a range, as there were no major surprises in the ECB and BoE rate announcements. This week will be more interesting as there are many important figures to be released (such as the U.S. inflation and housing statistics).
From a technical point of view, the green back is forming a triangle pattern versus the Euro and the GBP, which could lead to further weakness for the U.S. Dollar if they are validated. In this case, we will enter a SHORT position. We will keep you aware of our strategy.
Should our convictions be correct, we will use the options below to play our strategy:
Buy EUI Bear Put Spread:
- - EUI PUT MAY08 0.63
- - EUI PUT MAY08 0.625
Published on Wed, Apr 9 2008, 15:56 GMT
0
0
FX Options Trade Alert
Mon, Apr 7 2008, 13:11 GMT
by Trading Central Team
The Non-Farm Payrolls report released last Friday showed a "worst than expected" outlook in U.S. Jobs, which lead to further U.S. Dollar weakness.
The only economic number to take notice of this week is the Michigan confidence survey. We will closely monitor the green back against the Euro in order to enter a LONG position when a pattern is validated. We will keep you aware of our strategy.
In the case our conviction strengthened we will use the options below to play our strategy:
Buy EUI CALL JUN08 65
Published on Mon, Apr 7 2008, 13:11 GMT
0
0
FX Options Trade Alert
Mon, Mar 31 2008, 14:24 GMT
by Trading Central Team
During the last week the U.S. Dollar was under pressure, as noted in our last Follow-up. We did not succeed in entering a SHORT position at that moment due to a bad Risk/Reward ratio, which is often the case in trendy markets.
The outlook for the coming week is mixed, as the market is waiting for very important figures to be release (such as the ISM on Tuesday and the Non-Farm Payrolls on Friday). We will keep you inform of our strategy.
In the case our conviction strengthened we will use the options below to play our strategy:
Buy EUI PUT MAY08 62.0
SEP08 62.5
Published on Mon, Mar 31 2008, 14:24 GMT
0
0
FX Options Trade Alert
Tue, Mar 25 2008, 14:08 GMT
by Trading Central Team
Last week the U.S. Dollar gained some strength against all other currencies, partly due to the belief that the U.S. economy may recover quicker than expected. But the further rate cut expectations may put some pressure on the green back going forward.
For this week, the focus will be on European figures to be released on Wednesday (IFO), the U.S. GDP, and the Michigan Confidence at the end of the week. Currencies may also be impacted by new developments in the banks sector.
Published on Tue, Mar 25 2008, 14:08 GMT
0
0
FX Options Trade Alert
Mon, Mar 17 2008, 14:46 GMT
by Trading Central Team
Last week, the U.S. Dollar remained under pressure and suffered further weakness. It did not allow us to take advantage of a SHORT position versus Euro (as mentioned in our previous Follow-up) as it is difficult to find a good stop loss level in this market.
This week began with a roar as the U.S. Federal Reserve decided to cut its lending rate in emergency. On Tuesday, the FOMC should decide to cut its Federal Fund Target Rate as a way to prevent further economic weakness. A 75 bps cut would lead to a further Dollar weakness.
Published on Mon, Mar 17 2008, 14:46 GMT
0
0
Yen Outlook
Tue, Mar 11 2008, 16:23 GMT
by Trading Central Team
YUK (USD/JPY on ISE):
Rebound expected
Pivot: 101
Our forecast: Rebound to 105.
Comment: The pair should rebound on its channel lower boundary.
Published on Tue, Mar 11 2008, 16:23 GMT
0
0
FX Options trade alert
Mon, Mar 10 2008, 15:19 GMT
by Trading Central Team
Last Friday, the poor Non-Farm payrolls number added more pressure on the U.S. Dollar, which lost ground against all other currencies. The Euro was supported by positive comments made by M. Trichet (President of the ECB), who is trying to tackle the expanding issue of inflation in Europe.
In case of a further collapse of the stocks markets, the U.S. Dollar may gain some strength in a "flight to quality" movement. We will try to take advantage of any rebound and enter into a new SHORT position before the FOMC decision next week. We will keep you inform of our strategy.
Published on Mon, Mar 10 2008, 15:19 GMT
0
0
FX Options trade alert
Mon, Mar 3 2008, 16:45 GMT
by Trading Central Team
Last week, the U.S. Dollar was under pressure and lost ground againstthe Euro, British Pound and Yen. This was mostly due to comments byFederal Reserve members who said that they were more concerned bygrowth rather than by inflation. The market thus believes that a newrate cut will occur this month.
This week will be full of very important statistics with ISMfigures to be released later today and on Wednesday, while the Non-Farmpayrolls report will be released on Friday.
We will wait for the U.S. Dollar to strengthen a little bit beforeentering a new Option position. We will keep you aware of our strategy.
Published on Mon, Mar 3 2008, 16:45 GMT
0
0
FX Options trade alert
Mon, Feb 25 2008, 15:50 GMT
by Trading Central Team
Last week was uncommonly hard on the markets and we suffered a loss with our CALL on U.S. Dollar versus British Pound as we enter a long position on what we call a false breakout. Indeed, better than expected Retail Sales in the U.K. and a weaker Dollar led to a huge reversal movement.
This week, we will have a look on the U.S. GDP on Thursday and we will keep you aware of our next Option strategy.
Published on Mon, Feb 25 2008, 15:50 GMT
0
0
British Pound Outlook
Wed, Feb 20 2008, 16:26 GMT
by Trading Central Team
BPX (USD/GBP on ISE):
Further bounce expected
Pivot: 50.99
Our forecast: Bounce to 53.
Comment: The pair remains within a bullish channel and is breaking above its resistance.
Published on Wed, Feb 20 2008, 16:26 GMT
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British Pound Outlook
Tue, Feb 19 2008, 14:39 GMT
by Trading Central Team
BPX (USD/GBP on ISE):
Further bounce expected
Pivot: 50.99
Our forecast: Bounce to 53.
Comment: The pair remains within a bullish channel and is breaking above its resistance.
Published on Tue, Feb 19 2008, 14:39 GMT
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FX Options trade alert
Tue, Feb 19 2008, 13:44 GMT
by Trading Central Team
Last week our LONG strategy on the USD/JPY behaved as planned. As far as the paper portfolio is concerned, our option position was not opened because our entry price did not trade; the bid came 2 cents away from activating the trade... too bad!
Markets conditions have now changed, we no longer expect a strong bullish acceleration, we prefer to cancel our pending order (BUY CALL APR08 @ $0.80).
For this week, we will have a look at U.S. Dollar vs. the Euro and the British Pound and wait for technical patterns to be validated. We will also pay close attention to the U.S. inflation figures which are to be released on Tuesday. We will keep you inform of our next trading idea.
Published on Tue, Feb 19 2008, 13:44 GMT
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Yen Outlook
Tue, Feb 12 2008, 15:51 GMT
by Trading Central Team
YUK (USD/YPY on ISE):
Rebound expected
Pivot: 105.80
Our forecast: Rebound to 109.50.
Comment: The pair should break above its resistance as it is supported by a rising trend line.
Published on Tue, Feb 12 2008, 15:51 GMT
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FX Options trade alert
Mon, Feb 11 2008, 15:28 GMT
by Trading Central Team
As mentioned in our follow-up last Monday, the U.S. Dollar was strongly supported vs. the Euro and the British Pound. Unfortunately, we were not able to enter a LONG position as the trend was a one way movement and no pull back allowed us to take advantage of our strategy.
For the coming week, we expect the market volatility to calm down and we will keep an eye on the Retail Sales figures on Wednesday as well as any comments of the ECB about its interest rate policy. We are waiting for the U.S. Dollar to reach new strong levels to enter a new position.
We will keep you informed of our Option strategy.
Published on Mon, Feb 11 2008, 15:28 GMT
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FX Options trade alert
Mon, Feb 4 2008, 16:01 GMT
by Trading Central Team
Last week, the U.S. Federal Reserve decided to cut its Federal Funds Target Rate by 50 bps as expected by the market, and on Friday, the Non Farm Payrolls showed a big decline in new jobs. These two main facts lead to a strengthening of the U.S. Dollar in a flight to quality movement.
For the next few weeks, we are looking at a strong support on the U.S. Dollar vs. the Euro that may lead to entering a Long position on that pair. We are also closely monitoring the next meeting of the ECB on Thursday. We will keep you inform of our next trading idea.
Published on Mon, Feb 4 2008, 16:01 GMT
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FX Options trade alert
Tue, Jan 29 2008, 16:23 GMT
by Trading Central Team
This week should be decisive for many investors who are waiting for the decision of the FOMC committee on Wednesday and the release of U.S. Non Farm Payrolls on Friday. However, the U.S. Dollar did not wait until the release of these figures to suffer some weakness. Therefore, our stop loss on our last Option Alert (BUY CALL JUN08 70.0 @ $1.20) has been reached at $0.80.
For the coming weeks, we expect the U.S. Dollar to remain under pressure and we are still closely monitoring market conditions to find the best trading opportunities.
Published on Tue, Jan 29 2008, 16:23 GMT
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FX Options trade alert
Thu, Jan 24 2008, 15:42 GMT
by Trading Central Team
The start of this week began with a roar as the U.S. Federal Reserve had an emergency meeting last Tuesday and decided to cut the Federal Funds Target Rate by 75 bps to 3.50%. This decision was in retrospect of the turmoil in world financial markets on Monday and as a further action to bolster the US economy. Before that meeting, the U.S. Dollar was strengthening on indications of a flight to quality mentality.
Our last Option Alert (BUY CALL JUN08 70.0 @ $1.20) is therefore under pressure but we remain confident as long as the strong support level is not break through.
Published on Thu, Jan 24 2008, 15:42 GMT
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FX Options trade alert
Tue, Jan 22 2008, 15:41 GMT
by Trading Central Team
EUI (USD/EUR on ISE):
Rebounding
Pivot: 67.60Our forecast: Recovery to 69.75.
Comment: The pair is posting a double bottom and should face a slight pull back before a new up move.
Published on Tue, Jan 22 2008, 15:41 GMT
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FX Options trade − Update
Mon, Jan 14 2008, 16:41 GMT
by Trading Central Team
The U.S. Dollar is facing an increase in volatility and heavy weakness since the beginning of the New Year. Markets now pricing in the idea that new rate cuts are on the way after comments by the U.S. Federal Reserve last week. Moreover, Mr. Trichet chairman of the ECB has declared that inflation remains on the upside in the Euro area.
The green back is now challenging very important levels against Canadian Dollar and Euro. Therefore, we will still watch closely these levels in the next days and will keep you aware of our strategy.
Please find attached our virtual portfolio.
Keep in touch.
Published on Mon, Jan 14 2008, 16:41 GMT
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FX Options trade − Update
Tue, Jan 8 2008, 17:21 GMT
by Trading Central Team
Good Morning & happy New Year,
As disclosed in our follow up sent out on the 24 of December, the end of the year proved to be a bit confusing. The US Dollar eased against Euro & Yen (underlying ISE rate: EUI & YUK) but also rose against the British Pound & Canadian Dollar (underlying ISE rate: BPX & CDD).
The current technical outlook on the US Dollar remains rather mixed as the market is currently looking for its marks in beginning of 2008. Also, the US Dollar historically stays in a tight range for a few weeks (around 1 month) after the first 15 volatile days of the year. If this is confirmed in the next week, we will consider positions such as short selling options.
Please find our attached virtual portfolio.
Keep in touch.
Published on Tue, Jan 8 2008, 17:21 GMT
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FX Options Trade Alert − Update
Mon, Dec 24 2007, 16:51 GMT
by Trading Central Team
Last Friday, we finally closed our virtual Euro position, opened on November 30th 2007 (BUY CALL JAN08 69.0 @ $0.45) at an average price of $1.00 with a profit of 122%.
The current technical outlook on the US Dollar is rather mixed as we are seeing contradictory signals both on the upside & the downside. Such high levels of uncertainty make it difficult to identify a clear trend. In this environment, risks outweigh potential gains, which means that we wont try to open new positions until the end of the year.
Wed rather protect our current portfolio performance which stands at +279% since mid-August 2007 (virtual paper positions).
Trading Centrals educational FX Options portfolio simulation will resume at the beginning of 2008.
Published on Mon, Dec 24 2007, 16:51 GMT
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FX Options Trade Alert − Update
Fri, Dec 21 2007, 15:50 GMT
by Trading Central Team
As mentioned at the beginning of the week, were very cautious regarding the US Dollar recovery which in turn led us to raise our stop loss level on Monday. Indeed, weakness can be seen on the US Dollar against Canadian dollar (underlying ISE rate: CDD) & might soon impact the Euro (underlying ISE rate: Eui). Thus, in order to protect our long position on EUI (BUY CALL JAN08 69.0 @ 0.45 sent out on November 30th 2007), we will try to close our position: around 1.00
Published on Fri, Dec 21 2007, 15:50 GMT
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FX Options Trade Alert − Update
Mon, Dec 17 2007, 15:58 GMT
by Trading Central Team
As expected, the FED rate decision triggered the US Dollar recovery allowing our long position of the U.S. Dollar against Euro (underlying ISE rate: EUI) to perform well. Indeed, our trading idea sent out on November 30th 2007 BUY CALL JAN08 69.0 @ 0.45 is now winning more than 100%. Our target at 1.20 is pretty close & is expected to be reached by weeks end, triggering a reward of around 150%.
We are very cautious regarding the US Dollar recovery as the currency is approaching strong resistance areas which are expected to trigger further weakness on the green back. Thus, to protect our position, we raise our stop loss at 0.45 (entry point level).
Published on Mon, Dec 17 2007, 15:58 GMT
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FX Options Trade Alert − Update
Mon, Nov 26 2007, 16:34 GMT
by Trading Central Team
The previous short week (due to the Thanksgiving Holiday) showed more reversal signs on US Dollar with increasing intraday volatility, especially with Fridays AM trading session vs. the Euro (underlying ISE rate: EUI). The daily RSI on the Euro is now posting a bullish divergence (not yet confirmed) which is expected to favor a recovery when validated.
Unfortunately our trade alert on the Yen (YUK PUT MAR 08 107.0) rallied close to our entry point but didnt trigger the trade. While it was very close to becoming activated, we decided to cancel it due to the pullback from our entry level.
Attached please find our virtual portfolio, which is up 157 % since August 2007. (We updated it to include the previous BPX alert which was filled & stopped despite what we thought last week).
Keep in touch.
Published on Mon, Nov 26 2007, 16:34 GMT
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Yen outlook
Mon, Nov 19 2007, 17:06 GMT
by Trading Central Team
YUK (USD/JPY on ISE):
Another leg down is expected
Pivot: 112.00
Our forecast: Drop towards 105.
Comment: The pair completed a pullback towards a former MT bullish channel support & the daily RSI is capped by a declining trend line.
Published on Mon, Nov 19 2007, 17:06 GMT
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Last closed positions
Tue, Nov 13 2007, 14:44 GMT
by Trading Central Team
Published on Tue, Nov 13 2007, 14:44 GMT
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BPX (USD/GBP on ISE)
Tue, Nov 13 2007, 14:38 GMT
by Trading Central Team
Recovery in sight
Pivot: 47.50
Our forecast: Rise to 49.40.
Comment: The pair bounced off a long term bearish channel support & candelsticks are posting a Morning Star pattern. Also, the daily RSI is currently breaking above a declining trend line.
Published on Tue, Nov 13 2007, 14:38 GMT
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EUR/USD MT
Wed, Nov 7 2007, 18:06 GMT
by Trading Central Team
Pivot: 1.4370
Our preference: LONG @ 1.452 with 1.482 & 1.50 in sight.
Alternative scenario: A penetration of 1.437 would call for a drop to 1.403.
Comment: the upside breakout of the 1.45 key resistance opened the way towards 1.50.
Trend: ST Ltd upside; MT Bullish
Published on Wed, Nov 7 2007, 18:06 GMT
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EUR/USD MT− update
Tue, Oct 30 2007, 07:31 GMT
by Trading Central Team
Our Dollar/Euro (underlying ISE rate: EUI) Option Alert sent out on October 10th 2007 (PUT DEC07 69.5) has performed very well so far and is now close to our target. We believe the recovery signs on US Dollar mentioned last week still exist and could materialize after the Wednesday Fed rate decision. Henceforth, we will try to close the position, before this event, around the 0.90 area (option premium) with a 100% profit.
We are still closely monitoring the US/Canadian dollar curve (underlying ISE rate: CDD) in case the US dollar confirms its short-term recovery, we may enter a new position.
Published on Tue, Oct 30 2007, 07:31 GMT
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EUR/USD MT
Wed, Oct 17 2007, 14:30 GMT
by Trading Central Team
- Pivot: 1.3930
- Our preference: LONG position @ 1.407 with 1.432 & 1.45 in sight.
- Alternative scenario: A penetration of 1.393 would call for a drop to 1.371 & 1.3550.
- Comment: Weekly indicators remain on the upside & the pair bounced off its Rising Wedge former resistance.
- Trend: ST Limited upside; MT Bullish
USD/JPY MT
GBP/USD MT
USD/CHF MT
USD/CAD MT
AUD/USD MT
EUR/JPY MT
EUR/CHF MT
EUR/GBP MT
Dollar Index MT
Published on Wed, Oct 17 2007, 14:30 GMT
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Last closed positions
Tue, Oct 16 2007, 06:29 GMT
by Trading Central Team
Published on Tue, Oct 16 2007, 06:29 GMT
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EUI (USD/EUR on ISE): Further downside expected
Thu, Oct 11 2007, 09:32 GMT
by Trading Central Team
Pivot: 71.25
Our forecast: Down move to 69.00.
Comment: The pair completed a pullback towards its Falling Wedge support & is expected to draw another leg down.
Published on Thu, Oct 11 2007, 09:32 GMT
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Last closed positions
Fri, Sep 28 2007, 07:32 GMT
by Trading Central Team
Published on Fri, Sep 28 2007, 07:32 GMT
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EUR/USD MT
Thu, Sep 27 2007, 07:34 GMT
by Trading Central Team
Pivot: 1.3850
Our preference: LONG position @ 1.395 with 1.432 & 1.45 in sight.
Alternative scenario: A penetration of 1.385, would call for a drop to 1.355.
Comment: Daily technical indicators are overbought & close to resistances. Weekly indicators remain on the upside.
Trend: ST Consolidation; MT Bullish
Published on Thu, Sep 27 2007, 07:34 GMT
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BPX(USD/GBP)
Wed, Sep 12 2007, 16:54 GMT
by Trading Central Team
Further downside expected
Pivot: 49.66
Our forecast: Downmove to 48.5.
Alternative scenario: An upside breakout of 49.66 would call for 50.2.
Comment: The daily RSI validated a Head & Shoulders. The pair is trading in a ST declin ing channel after banging against a LT bearish channel resistance.
Published on Wed, Sep 12 2007, 16:54 GMT
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YUK (USD/JPY)
Fri, Aug 31 2007, 09:44 GMT
by Trading Central Team
Bounce with 121.5 in sight
Pivot: 116.5
Our forecast: rebound to 120.7 & 121.5. Alte rnative scenario: A downside breakout of 116.5 would call for 114.
Comment: The pair bounced off a bullish channel support & the daily RSI validated a bullish divergence calling for an upturn.
Published on Fri, Aug 31 2007, 09:44 GMT
Archive
- ISE Swedish Krona OUTLOOK
Published On Mon, Sep 28 2009, 12:57 GMT - ISE Mexican Peso OUTLOOK
Published On Mon, Sep 14 2009, 12:22 GMT - ISE Yen OUTLOOK
Published On Thu, Sep 10 2009, 13:29 GMT - ISE Euro OUTLOOK
Published On Wed, Sep 9 2009, 13:16 GMT - ISE Canadian Dollar OUTLOOK
Published On Tue, Sep 8 2009, 14:36 GMT
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