GBP/USD trending near channel line (1.5518-1..5218), neckline testing on the cards
Jun 12, 2015 07:58 am UTC| Insights & Views
The pair in recent weeks had broken the channel line range about 350 pips (as shown in the 1st channel) and made equiv-distant move on south about 350 pips again and tested at around 1.5250 levels.Although bulls tried to...
Guide to today’s important data and events
Jun 12, 2015 07:37 am UTC| Insights & Views
Not many economic dockets scheduled for today and risk associated with data is low. Data released so far - Japan - Capacity utilization dropped in April by -0.4%, after -1.2% drop in March and industrial production...
Diagonal EUR/USD Put Spreads reduce 50% of naked puts hedging cost
Jun 12, 2015 06:39 am UTC| Insights & Views
The euro zone economy is expected to post another firm growth in Q2 having extended by 0.4% in Q1 but streets are likely to disregard as they were not suffice on Greece turmoil still hangs on.Industrial production data for...
Put writers' margins to impact R/R Ratio on spreads and combinations
Jun 12, 2015 06:04 am UTC| Insights & Views
In the US, having posted very attractive set of economic numbers dollar is all set to regain its strength.5.2pts decline last month, the University of Michigan consumer sentiment survey is expected to have rebounded this...
Buy EUR/USD reduced vols AT-The-Money puts
Jun 12, 2015 05:31 am UTC| Insights & Views
On back to back engulfing bearish candlesticks with long real body proposes extended weakness in this pair.For optimal entry points fresh longs on ATM calls are to be built up on every upswings dont add at the bottoms.We...
Currency snapshot (major pairs)
Jun 11, 2015 15:58 pm UTC| Insights & Views
Dollar index trading at 95.13 (+0.55%). Strength meter (today so far) - Euro -0.54%, Franc -0.35%, Yen -0.60%, GBP -0.05% Strength meter (since last week) - Euro +1.24%, Franc +0.37%, Yen +1.58%, GBP +1.52% EUR/USD...
Jun 11, 2015 15:19 pm UTC| Insights & Views
Equities are trading in green today as risk aversion subsided further. Performance this week at a glance in chart table - SP 500 - SP is back above 2100 mark. Todays range 2115-2104. Headline retail sales grew by...
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