
FxWirePro: DOJI hints earlier trend reversal for EUR/CAD but day's high tests trend-line resistance
Jul 27, 2015 12:24 pm UTC| Insights & Views
On daily charts of EURCAD a serious Doji is formed to trace out caution for bulls. As per our earlier recommendation uptrend continuation persisted as inverted hammer pattern candle occurred at 1.4058 levels which is to be...
Weaker oil shelves $200 billion worth of projects
Jul 27, 2015 11:57 am UTC| Insights & Views
According to a report by Financial Times, worlds big energy groups have shelved $200bn of spending on new projects. Most of the oil major including UK based BP, Anglo-Dutch Royal Dutch Shell, US based Chevron, Norways...
SNB and CNB likely buying Euro
Jul 27, 2015 11:28 am UTC| Insights & Views
Euros large move upwards have baffled traders and investors, who struggle to pin point any specific reason for the move. It is truly difficult to find whats behind in Euros recent move, however this might one of the many...

Chinese stock rout bad for dollar
Jul 27, 2015 11:02 am UTC| Insights & Views
Dollar is weak over the board as Chinese stock market closed its second largest slide in more than a decade. Why Chinese rout is bad for dollar? Dollar acts as a safe haven but an extreme one, it can be called as...
Jul 27, 2015 10:33 am UTC| Insights & Views
The US housing market was one of the vivid spots of activity in Q2. As we emphasize in US Housing, a lot of the Q1 weakness in the housing market was likely to be temporary and weather-induced. Incoming data support our...

China – Center of global deflation
Jul 27, 2015 10:26 am UTC| Insights & Views
In spite of Aggressive monetary easing by major central banks around the world, since 2008/09 financial crisis, inflation is yet to reach sustainable level. Some economies like countries in Euro zone, Japan still...

Jul 27, 2015 10:01 am UTC| Insights & Views
When we plotted daily chart, it seems to have U turn on USDCAD pair as the US dollar taking a halt from its non-stop ruthless bull run against CAD which has started almost a month ago (on 18thJune). The crude price has...