FxWirePro: Cable likely to break support 1.5570 on closing basis; strips combination for hedging
Jul 21, 2015 10:40 am UTC| Insights & Views
Trading perspectives:From last fortnight or so weve been advocating bearish strategies, we hope regular traders whose portfolios derived profits from such bear trend of this pair can accumulate fresh short build ups to...

Czech central bank under siege
Jul 21, 2015 10:26 am UTC| Insights & Views
The pressure is mounting on the Czech National Bank, with Koruna testing its resolve to maintain its floor with Euro. Yesterday, Czech National Bank has intervened to weaken the Koruna for first time since the floor was...
Latin American exotics (BRL, MXN) bank upon macro numbers
Jul 21, 2015 09:39 am UTC| Insights & Views
BCBs rate hike 50bp estimates: The benchmark interest rate in Brazil was last recorded at 13.75%. Even though we expect that the BCB will continue hiking the Selic rate, very weak economic activity during the past weeks...

Jul 21, 2015 09:02 am UTC| Insights & Views
Precious pack is worst performer this week so far among the metals and Gold lost its shine on Monday as prices drop below $1100/ troy ounce for first time in 5 years. Our call was to go short in Gold at $1163, with target...
RBA minutes – All bark and no bite
Jul 21, 2015 08:24 am UTC| Insights & Views
Released minutes of its July 7 meeting by Reserve Bank of Australia (RBA) indicate hesitations from Reserve Bank of Australia (RBA) to provide any sharp relief while it tries to bark the Aussie down. RBA sees below trend...
Jul 21, 2015 07:44 am UTC| Insights & Views
Technical Glance:As anticipated the pair breached trendline support at 1.4677 with an "inverted hammer" formation yesterday. After a downtrend, the formation of an inverted hammer is bullish because prices have been...

Jul 21, 2015 07:38 am UTC| Insights & Views
Technical Watch:As per our prediction the pair breached trendline support at 1.4677 with an "inverted hammer" formation yesterday. After a downtrend, the formation of an inverted hammer is bullish because prices hesitated...