Frame CRS of USD/CAD in 2:3 or 3:5
May 26, 2015 05:54 am UTC| Insights & Views
Since this currency cross is set to move either in sideways or slightly bullish we frame the below strategy for both trading as well as hedging purpose.As we are looking ahead for either a sharp move higher in the...
Cheerful engulfing pattern on USD/CAD
May 26, 2015 05:51 am UTC| Insights & Views
Trading volumes were expected to remain thin with markets in the UK, Germany and the US was closed for holidays. USD/CAD hit 1.2308 during early US trade, the session high; the pair subsequently consolidated at 1.2294,...
May 25, 2015 15:03 pm UTC| Insights & Views
Major markets are closed today. Performance this week at a glance in chart table - SP 500 - US is closed over Memorial Day. FTSE - Market is closed. DAX - Market is closed. EuroStxx50 - Market is...
Currency snapshot (major pairs)
May 25, 2015 14:46 pm UTC| Insights & Views
Dollar index trading at 96.38 (+0.26%). Strength meter (today so far) - Euro -0.32%, Franc -0.18%, Yen +0.01%, GBP -0.10% Strength meter (since last week) - Euro -0.32%, Franc -0.18%, Yen +0.01%, GBP -0.10% EUR/USD...
Currency snapshot (commodity pairs)
May 25, 2015 14:30 pm UTC| Insights & Views
Dollar index trading at 96.40 (+0.29%). Strength meter (today so far) - Aussie +0.03%, Kiwi +0.16%, Loonie -0.21%. Strength meter (since last week) - Aussie +0.03%, Kiwi +0.16%, Loonie -0.21%. AUD/USD - Trading at...
May 25, 2015 14:12 pm UTC| Insights & Views
Energy pack started the week in back foot. Weekly performance at a glance in chart table. Oil (WTI) - WTI traded as high as $60, however failed once more to clear above. Not much move is expected today as major...
Commodities snapshot (precious & industrial)
May 25, 2015 13:51 pm UTC| Insights & Views
Metals are trading in low volatility as key markets are closed today. Performance this week at a glance in chart table - Gold - In spite of large gains in US dollar, gold has been able to hold on above $1200. Bulls...