FxWirePro: EUR/AUD’s rallies follow trendline support; option straps ensure upper biased hedging
Jul 22, 2015 11:38 am UTC| Insights & Views
Technical Glance:The pair has breached trendline support at 1.4677 as per our prediction with an "inverted hammer" formation. After a downtrend, the formation of an inverted hammer is bullish because prices hesitated their...

API reports surplus, while market awaits EIA report – calls included
Jul 22, 2015 11:28 am UTC| Insights & Views
Crude is at crucial juncture ahead of weekly inventory report. WTI is trading at key support level, both technical and psychological at $50/barrel. Todays inventory report from US Energy Information Administration (EIA),...
FxWirePro: EUR/CAD collars to hedge its uptrend
Jul 22, 2015 11:13 am UTC| Insights & Views
If anyone thinks Euro to spike up further against Canadian dollar, then cover your underlying currency exposures with collars strategy exclusively on hedging grounds.An inverted hammer pattern candle appeared at 1.4058...
Jul 22, 2015 10:47 am UTC| Insights & Views
We tend to reiterate quite often distinguishing facts from fiction. It seems USD taking a halt from its non-stop ruthless bull run against CAD which has started almost a month ago (on 18th June). Yes, its loonie that is...
RBA likely to wait-and-watch for another quarter
Jul 22, 2015 10:41 am UTC| Insights & Views
Today Australian Bureau of Statistics released inflation number for second quarter which showed that inflation is still undershooting projection and expectation of policy makers. Consumer price index rose by 0.7% in...
FxWirePro: EUR/JPY debit gamma spreads ensure risk reward profile for risk averse on hedging front
Jul 22, 2015 09:58 am UTC| Insights & Views
Technical Glance:It is perceived as risky to have opened naked position on highly volatile non directional trend. EUR/JPY is now alike a non directional pattern as this pair is boiling up with lots of bearish candles but...
Stock crash takes toll on Chinese consumer sentiment
Jul 22, 2015 08:41 am UTC| Insights & Views
In spite of dedicated effort by Chinese regulators and government, which banned short selling, banned selling by large stock holders, loosened margin financing rules, asked banks to roll over margin debt increased Chinas...