USDMXN – Pin Bar Heralds Correction?
The US dollar to the Mexican peso past week rebounded from 17.97. The increase was so strong that the buyers easily overcome the key...
Weekly FX Review – December 11th
It is not unusual for the Australian Dollar to have a 5 cent correction over a six month time horizon. We have been encouraging...
Weekly FX Review – December 4th
USDCAD LT momentum now shows clear signs of turning up from being in the slightly negative territory but we are not yet back to...
Analysis for Newbies: USDMXN Loses Battle with Resistance?
USDMXN reached last month a key resistance near 19.2745. As you can see on the daily chart below, resistance has been fought since then,...
Weekly FX Review – November 13th
The chart above is EURJPY implied vol going back to 2014. Three-month EURJPY is in blue and six month is in red and the...
Weekly FX Review – November 6th
The melt-up in the commodity complex as represented by the DJ Commodity Index is breaking key topside resistance levels.
Above is a 3YR+ chart of...
Weekly FX Review – October 30th
The chart above is ten years of daily spot CAD data in grey overlaid with 3-month CAD implied volatility in blue. The purple &...
Weekly FX Review – October 23rd
The spread between three months implied vs realized vol in CAD is too wide. There remains strong interest to sell C$ volatility as the...
Weekly FX Review – September 25th
One month CAD vol has come off too far too fast. Same story with the one and two week periods. Gamma options are still...
Weekly FX Review – September 11th
The short term correlation of one month IV and spot that we pointed out last week as a leading indicator of a potential USDCAD...