
FxWirePro: GBP/JPY engulfing bear confirmed by long real body candle; prefer PRBS on hedging front
Jul 09, 2015 06:12 am UTC| Insights & Views
Technical glance:On daily chart of this pair shows we have referred to the engulfing bearish like candlestick pattern yesterday, see whats been happened on yesterdays GBP/JPY candle. One can read and obtain much...

Commodities snapshot (precious & industrial)
Jul 08, 2015 17:38 pm UTC| Insights & Views
Metals are mixed today. Performance this week at a glance in chart table - Gold - Gold is up today, getting some bids of risk aversion and bouncing from support area. Todays range - $1165-$1147 Sell gold with target...

Currency snapshot (major pairs)
Jul 08, 2015 17:22 pm UTC| Insights & Views
Dollar index trading at 96.36 (-0.42%). Strength meter (today so far) - Euro +0.41%, Franc -0.05%, Yen +1.5%, GBP -0.82% Strength meter (since last week) - Euro -0.59%, Franc -0.89%, Yen +1.65%, GBP -1.47% EUR/USD...

Currency snapshot (commodity pairs)
Jul 08, 2015 16:56 pm UTC| Insights & Views
Dollar index trading at 96.33 (-0.45%) Strength meter (today so far) - Aussie -0.26%, Kiwi +1%, Loonie -0.22%. Strength meter (since last week) - Aussie -0.99%, Kiwi +0.67%, Loonie -1.44%. AUD/USD - Trading at...

Jul 08, 2015 16:27 pm UTC| Insights & Views
Energy pack is facing sellers at rallies. Weekly performance at a glance in chart table. Oil (WTI) - WTI likely to maintain downside as 8 week range got broken to downside last week. WTI bounced back from support...

GILTS and pound might reverse course post UK budget – book profit on prior short calls
Jul 08, 2015 15:35 pm UTC| Insights & Views
Budget presented by UK chancellor shows that the deficit reduction is smaller than what market was anticipating. Debt management office (DMO) of UK said it will reduce sales of short term bills and will be financing...

Jul 08, 2015 15:03 pm UTC| Insights & Views
Gold is probably experiencing some safe haven bids amid rout in equity market, however that is unlikely to push gold higher amid commodity rout and expectation of rapid slowdown in China. Though gold shines at a time when...