FxWirePro: EUR/GBP short combos – swing trading perspectives
Sep 30, 2015 10:17 am UTC| Insights & Views
EUR/GBP spot FX is currently ticking at around 0.7380 levels which is day low and yesterdays lows as well. It has shown a dip following the release of the UKs GDP report and the current account data. On the flip side Euro...

Why further easing from RBNZ likely?
Sep 30, 2015 09:29 am UTC| Insights & Views
Latest survey by ANZ research revealed that New Zealand economy though showing positive response to Reserve Bank of New Zealands (RBNZ) rapid easing, much more is needed to steer the economy back to its old...

FxWirePro: GBP/AUD ATM puts in straps on job – convert straps into strips
Sep 30, 2015 09:00 am UTC| Insights & Views
As it is sensed that all chances of Aussie dollar may look superior over GBP in medium term future, we advise to hedge the pounds depreciation over AUD through below recommendations.Buy 15D At-The-Money delta call option...

FxWirePro: GBP/AUD weekly doji’s signal bears to take over intermediate trend
Sep 30, 2015 08:32 am UTC| Insights & Views
While we were designing long term hedging framework 14 week RSI was used with an objective to track price momentum over medium to long term perspectives. We traced back to back "Gravestone Doji" patterns on these charts at...

Sep 30, 2015 06:42 am UTC| Insights & Views
We would like to be dare devils in predicting bearish trend for AUDUSD in future, however short term rallies are on the cards. On weekly charts, prices remained well below moving average curve, while stochastic curve has...

Pound at key support area, focus on second quarter GDP figure today
Sep 30, 2015 05:52 am UTC| Insights & Views
Today Second quarter GDP report from UK to be released at 8:30 GMT. UKs GDP is expected to grow at 0.7% on quarterly basis and 2.6% y/y. Why the GDP figure crucial? Gross domestic product (GDP) growth represents...
Guide to today’s important data and events
Sep 30, 2015 04:22 am UTC| Insights & Views
Lot of economic dockets to be released today, some with high risks associated. Data released so far - New Zealand - ANZ business confidence rose to -18.9 in September from 29.1 prior. ANZ activity outlook rose to 16.7%...