FXO Market Update – Oct 27

One week left to the US election and both polls and betting market has Biden as the next president. We will look how to hedge against a Trump victory through EURUSD and USDCNH options.Saxo Bank publishes two weekly FX Options Market Update reports covering changes and updates on the FX...

Breakout Identified in AUDJPY

The Breakout Opportunities system has just sold AUDJPY at 74.53. The system recommends entering this trade at any price between 74.384 and 74.63. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.684, suggesting that the AUDJPY may have further...