
Jul 21, 2015 09:02 am UTC| Insights & Views
Precious pack is worst performer this week so far among the metals and Gold lost its shine on Monday as prices drop below $1100/ troy ounce for first time in 5 years. Our call was to go short in Gold at $1163, with target...
RBA minutes – All bark and no bite
Jul 21, 2015 08:24 am UTC| Insights & Views
Released minutes of its July 7 meeting by Reserve Bank of Australia (RBA) indicate hesitations from Reserve Bank of Australia (RBA) to provide any sharp relief while it tries to bark the Aussie down. RBA sees below trend...
Jul 21, 2015 07:44 am UTC| Insights & Views
Technical Glance:As anticipated the pair breached trendline support at 1.4677 with an "inverted hammer" formation yesterday. After a downtrend, the formation of an inverted hammer is bullish because prices have been...

Jul 21, 2015 07:38 am UTC| Insights & Views
Technical Watch:As per our prediction the pair breached trendline support at 1.4677 with an "inverted hammer" formation yesterday. After a downtrend, the formation of an inverted hammer is bullish because prices hesitated...
Guide to today’s important data and events
Jul 21, 2015 07:20 am UTC| Insights & Views
Low risk economic releases are scheduled for today. Data released so far - Australia - RBA released its minutes, which seems to have failed to impress upon Aussie. China - Foreign direct investment (FDI) grew 8%...

FxWirePro: EUR/JPY trend sideways - portfolio evaluation of naked Straddle Shorts
Jul 21, 2015 06:21 am UTC| Insights & Views
Option trade recommendation: Straddle shortsThis has been the 3rd consecutive day that weve been firm on our option strategy (straddle shorts) (Ref: "Shorting EUR/JPY ATM straddles yields assured returns and binary puts...

Higher Implied Volatility and Put Ratio Back Spread
Jul 21, 2015 05:49 am UTC| Insights & Views
The strategy has been a spread but not a combination with limited loss potential to the extent of exposure on short side but unlimited profit potential on long side. The degree of profit relies on the strength and rapidity...