Jun 06, 2016 12:02 pm UTC| Commentary
June month beginning has been a continuation of the consolidation pattern for CAD that has taken place from last 6 months or so, thats when crude oil began stabilizing its prices. Hence, we could see the positive...
Jun 06, 2016 10:46 am UTC| Technicals
Bulls halted again and current prices drift below DMAs but testing support at 1.2905, the breach below exposes more downside potential, else bulls have equal chances. Bulls in thedollar have tested resistance at 1.3145...
Jun 06, 2016 10:10 am UTC| Commentary
The pullback in USDPHP vols after the presidential elections and favourable risk-reward ahead of trend line support and Fed hiking cycle that likely to induce volatility factor in this pair and offers an attractive entry...
Jun 06, 2016 09:09 am UTC| Research & Analysis
Market focus to remain on 23 June referendum, this week is devoid of policy news but, of course, the markets will continue to follow closely the news on the forthcoming 23 June referendum. Manufacturing output looks set...
Jun 06, 2016 07:18 am UTC| Technicals
The pair has opened the week with a gap down at 1.9608 versus theprevious close at 1.9693. Thereby it has breached below supports at 1.9697 levels, Bear have now exposed towards retesting of 38.2% retracement on...
Jun 06, 2016 06:40 am UTC| Technicals
Technical Inference: Its been quite a lot baffling golds prices when you consider short, medium and long-term trends. Althoughthe precious yellow metal has spiked during early Asian sessions today could not hold onto...
Jun 03, 2016 12:01 pm UTC| Insights & Views
We remain bearish on a trend basis. We forecast the gold spot price to average $1,150/oz during Q4 2016 and $1,050/oz during 2017. The strong gold rally during the first four months of this year was driven largely by...