FxWirePro: Expect further GBP/JPY slumps upon hanging man formation, PRBS arrests downside risks
Sep 23, 2015 06:43 am UTC| Insights & Views
On monthly chart, the formation of hanging man pattern candle on peaks of uptrend at around 193.456 levels. This hanging man followed by two long real body red candles would reveal a medium term downtrend direction.It is...
FxWirePro: False break in EUR/GBP might lead to test of channel ceiling – calls updated
Sep 23, 2015 05:57 am UTC| Insights & Views
Just two days back, we recommended going short in Euro against Pound as it has broken and closed below channel floor. However, that trade couldnt find much of a follow through due to heavy weakness in Pound. Euro is...
Guide to today’s important data and events
Sep 23, 2015 05:22 am UTC| Insights & Views
Lot of economic dockets to be released today and some with high risks associated. Data released so far - Australia - Conference board leading indicator for July rose by 0.3% after -0.3% drop in June. China - Flash...
Currency snapshot (major pairs)
Sep 22, 2015 16:28 pm UTC| Insights & Views
Dollar index trading at 96.32 (+0.40%). Strength meter (today so far) - Euro -0.55%, Franc -0.14%, Yen +0.34%, GBP -0.91% Strength meter (since last week) - Euro -1.51%, Franc -0.62%, Yen -0.12%, GBP -1.03% EUR/USD...
Currency snapshot (commodity pairs)
Sep 22, 2015 16:15 pm UTC| Insights & Views
Dollar index trading at 96.26 (+0.34%) Strength meter (today so far) - Aussie -0.74%, Kiwi -0.65%, Loonie -0.20%. Strength meter (since last week) - Aussie -1.49%, Kiwi -1.60%, Loonie -0.41%. AUD/USD - Trading at...
Sep 22, 2015 15:21 pm UTC| Insights & Views
Energy pack is mixed, while oil is down, gas is trading in green today. Weekly performance at a glance in chart table. Oil (WTI) - WTI dropped sharply after yesterdays massive rise as global growth concerns especially...
Commodities snapshot (precious & industrial)
Sep 22, 2015 15:02 pm UTC| Insights & Views
Metal pack is trading in red today. Performance this week at a glance in chart table - Gold - Gold is down today, as falling stocks failed to ignite safe haven buying into yellow metal. Todays range - $1121-$1136...
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