Feb 29, 2016 11:51 am UTC| Technicals
In Norway, market projections are for a further fall in manufacturing PMI data (scheduled on Tuesday), to 48.0, from 49.2 in January. As the Q4 GDP printed in line with Norges Bank forecasts we continue to look ahead...
Feb 29, 2016 11:26 am UTC| Technicals
25 delta risk reversal for USDCAD has gradually been reducing its positive numbers (see negative numbers in brackets), just three months ago the hedging sentiments were to mitigate the upside risks, these positive numbers...
Feb 29, 2016 10:43 am UTC| Technicals
USDCAD has been holding tight in the range of 1.3554-1.3505 range, in this process the pair evidenced a whipsaw pattern on 7MA and 21MAs. But considering previous downswings, it has shown a decisive break out above this...
Feb 29, 2016 08:32 am UTC| Technicals
USD/JPYs downtrend may persist despite the upbeat prints of GDP QoQ at 1% vs forecasts at 0.4%, but this weeks manufacturing PMIs would give in more insights of U.S. trades, until then we could keep foreseeing some bearish...
Feb 29, 2016 07:32 am UTC| Technicals
The outcome of the G20 meeting and upcoming economic data globally, including Japanese IP, labour market data, should set the tone for risk assets and the JPY this week. Perceived policy limits on some major central...
Feb 29, 2016 06:30 am UTC| Technicals
CADJPY is downswings are momentary and if bears extends dips it is likely to test support at 83.130 levels to bounce back again. The pair has been puzzling when we consider the intermediate trend of this pair, but...
FxWirePro: Option straddle to serve best for USD/INR risks ahead of union budget day
Feb 29, 2016 05:08 am UTC| Technicals
Its a big day for INR today, after consistent loses against dollar,Mondaymorning has nothing positive to offer given the subdued global sentiment. Yes, all eyes will be on the Union Budget which Finance Minister Arun...