
FxWirePro: Gold outlook – awaiting the FED
Oct 26, 2015 11:30 am UTC| Insights & Views
Gold has technically broken a short term resistance line about little more than two weeks back which saw the yellow metal to appreciate from $1150 region break to as high as $1190 area. However bears are still at large...

FxWirePro: Short WTI crude futures or arbitrage
Oct 26, 2015 11:25 am UTC| Insights & Views
The technicals for this commodity suggest sell indications as there RSI signaling downward convergence with the slumping prices (currently RSI 14 trending at 44.9779).While slow stochastic approached below 20 levels but...

FOMC to prepare for December in October?
Oct 26, 2015 11:15 am UTC| Insights & Views
October FOMC meeting is unlikely to deliver any major changes in policy or language. Without a forecast update or press conference scheduled, the focus will be on interpreting any revisions to the statements language. If...

VW scandal fails to dent German optimism
Oct 26, 2015 10:49 am UTC| Insights & Views
Germanys biggest carmaker may have rattled the whole car industry, especially the diesel emitting one, posed global doubts over German promise of excellence it has though hardly dented confidence at home. Volkswagen used...
Euro Dollar parity back in focus with ECB easing hint
Oct 26, 2015 10:10 am UTC| Insights & Views
Euro has taken a sharp beating last week, dropping more than 300 pips in two trading days as European Central Bank (ECB) president Draghi indicated that governing council will seriously be considering revisions to its...

FxWirePro: Butterfly spreads best suitable on GBP/USD lower IVs
Oct 26, 2015 10:05 am UTC| Insights & Views
Observe the cables implied volatility, it is still likely to perceive the least volatility within next 1w-1m time frame from other major G7 pairs (at around 6-7%), and observe the price range on technical charts as well.As...
CFTC commitment of traders report review (FX)
Oct 26, 2015 09:36 am UTC| Insights & Views
CFTC commitment of traders report was released on Friday (20th October) and cover positions up to Tuesday (23rd October). COT report is not a complete presenter of entire market positions, since future market is relatively...