Guide to today’s important data and events
Jul 17, 2015 08:14 am UTC| Insights & Views
Not many economic dockets scheduled for today, however risk associated with the release is moderate. Focus is on consumer price index (CPI) from US and China. Data released so far - Australia - CB leading indicator...

A glimpse on Australian exporting business
Jul 17, 2015 08:01 am UTC| Insights & Views
Even though Australian economy is dominated by service sectors, accounts more than 65% of GDP, in the 12 months to 30 June 2015 the value of Australian exports rose by 5% to AU$1.89 billion. The distribution of exports is...

FxWirePro: EURJPY debit put spread reduces downside risks and hedging cost
Jul 17, 2015 06:42 am UTC| Insights & Views
EOD chart of EUR/JPY evidences the back to back bearish candlestick patterns on downswings to confirm short term downtrend. It is observed that formation of gravestone doji at 135.794 followed by one more doji at 135.811...
FxWirePro: Shorting EUR/JPY ATM straddles yields assured returns and binary puts for speculators
Jul 17, 2015 06:02 am UTC| Insights & Views
Technical watch:Currently, RSI (14) on intraday chart trending near 46 levels with downward convergence, on closing basis movement should be closely watched if it suggests reversal signals.It alerts bulls for losing buying...

Commodities snapshot (precious & industrial)
Jul 16, 2015 13:20 pm UTC| Insights & Views
Metals are trading in red today as dollar strengthened. Performance this week at a glance in chart table - Gold - Gold dropped further as FED chair Janet Yellen sounded less dovish in semiannual testimony, pushing...

Jul 16, 2015 12:56 pm UTC| Insights & Views
Energy pack is mixed, while oil is up, gas is in red. Weekly performance at a glance in chart table. Oil (WTI) - WTI trades in low volatility today, outlook remains bearish. WTI traded as low as $51.4/barrel falling...

FxWirePro: Option Strips for hedging EUR/AUD as trendline support likely to breakout
Jul 16, 2015 12:53 pm UTC| Insights & Views
Ever since the downswings are seen on this pair the leading oscillators have been showing downward convergence with dipping prices. RSI trending near 53.9727 with converging falling prices, while %D line crossover on slow...