FxWirePro: Bearish trend persists in US crude; short crude futures for TP at 55
Jul 02, 2015 11:39 am UTC| Insights & Views
Technical glimpse:We reiterate the downtrend for crude is not only in major trend but also the short medium trends downtrend are intact as the hanging man pattern which was occurred at 60.30 levels at the end of May...
FxWirePro: Buy WTI oil binary calls for targets at 57.40; but PRBS hedges potential downtrend
Jul 02, 2015 11:02 am UTC| Insights & Views
Crude Derivatives Insights:Although the major trend being downtrend, today we may expect little recovery in crude prices, we advise to use this as a means of swing trading with the help of WTI binary delta calls for a...
Today’s non-farm a make or break event for Aussie
Jul 02, 2015 10:51 am UTC| Insights & Views
Todays non-farm payroll report from US is very vital for the Aussie dollar pair, which as of now stands very close to key support level, which held strong for first half of the year and seen as last one standing in front...
FxWirePro: AUD/USD ATM 0.5 delta puts trading at costlier premiums; 19% above NPV
Jul 02, 2015 10:26 am UTC| Insights & Views
After the stagnation in April Australia is projected to flash an expansion in May retail sales. Though the MoM growth is probably in line with trend at 0.3% MoM, showing not much of a rebound, this would raise the gain to...
Jul 02, 2015 10:18 am UTC| Insights & Views
European Central Bank (ECB) for the first time added a series of corporate names to the list of eligible securities. ECB getting tired of Government bonds? With addition of corporate names to its list, European Central...
Today’s NFP report to decide dollar’s fate at key resistance
Jul 02, 2015 08:50 am UTC| Insights & Views
Today NFP report is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department of labor statistics. The...
Jul 02, 2015 08:15 am UTC| Insights & Views
Euro group offered a third bailout package which was confirmed in its yesterdays meeting on a conditional basis, "only and on the basis of the outcome of the referendum" on Sunday.Greek Prime Minister Tsipras has sent a...
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