
Commodities snapshot (precious & industrial)
Oct 29, 2015 16:13 pm UTC| Insights & Views
Metal pack is trading red in todays trading. Performance this week at a glance in chart table - Gold - Gold is heading towards its support line around $1125 area as FED last night kept December hike possibility on the...

Oct 29, 2015 15:57 pm UTC| Insights & Views
Energy pack is mixed todays trading. Weekly performance at a glance in chart table. Oil (WTI) - WTI is flat today, as bulls struggling to gain on yesterdays big advance. Todays range $45.1-46.8 Bears are likely to...

Dollar/Yen risk reversal hits highest since 2012
Oct 29, 2015 14:53 pm UTC| Insights & Views Technicals
Risk reversal is a measure of volatility skew using options market. In simple words, it is basically volatility difference between call and put. So greater the demand for a particular option, greater is the price and...

FxWirePro: Capitalize on GBP/AUD upswings to employ shorts in PRBS
Oct 29, 2015 14:23 pm UTC| Insights & Views
We reckon this pair has shown weakness in recent past, bulls seemed to have been exhausted by giving up the previous rallies even though some left over price bounces can be extended in near term (see technical chart for...
Oct 29, 2015 14:12 pm UTC| Insights & Views Central Banks
Bank of Japan (BOJ) will announce its monetary policy decisions tomorrow sometime in early Asian hours. Speech by Governor Kuroda is expected to be scheduled at 6:30 GMT. Current monetary policy - BOJ is holding...

Euro zone growth dynamics solid, while inflation dynamics weak
Oct 29, 2015 13:43 pm UTC| Insights & Views Economy
Todays series of data from Euro zone economy shows that economic activities have remained solid in Euro Zone. Survey shows that businesses are more confident over future growth and rise in consumption. Retail sales...

Oct 29, 2015 13:18 pm UTC| Insights & Views Technicals
Although the daily chart suggests some bullish momentum that would result in some price recoveries but we maintain our target at 2.1185 and even up to 2.0343 levels towards south for intermediate trend. We spotted out...