
Jan 04, 2019 13:20 pm UTC| Research & Analysis Technicals
AlthoughEURCADbulls break-out of falling wedge resistance, the formations of shooting star, hanging man and bearish engulfing patterns counter at 1.5597, 1.1.5617 and 1.54 levels respectively on daily terms, while both...

FxWirePro: Take a Look on Risky vs Safe Haven Currencies Amid Risk-Off Situation
Jan 04, 2019 12:19 pm UTC| Research & Analysis
With the volatile markets, global trade turbulence, elections and geopolitics, risk was one of the key business words of 2018. It is completely normal that the yen eased intraday yesterday and also today. Of course, the...
India adopts very meticulous regulatory approach on cryptocurrencies
Jan 04, 2019 11:33 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
With cryptocurrency prices turbulence, prices declined in early December, but bounced back since mid-December. Particularly, BTC approaching the $4,000 mark, we provide an update on some important regulatory matters around...

FxWirePro: Fundamental driving forces and G10 RV trades to fund for hedging cost
Jan 04, 2019 10:21 am UTC| Research & Analysis
Since late November, as the US cycle risk repricing was unfolding, the dollar went on to make new highs versus its narrow non-reserve FX basket, while narrower US rate spreads helped contain USD strength versus other...

FxWirePro: EUR/USD short set-up on striking bearish technical indications
Jan 04, 2019 08:00 am UTC| Research & Analysis Technicals
Technically, EURUSD after rejecting the 1.1500 range resistance region, the prices tested down to 1.1300 rising range support. We reiterate thatEURUSDinterim upswings are not backed by technical indicators; the current...

FxWirePro: Bullish/bearish scenarios of EUR/USD in Q1’2019, OTC updates and hedging strategies
Jan 04, 2019 07:23 am UTC| Research & Analysis
Bearish EURUSD scenarios: 1) US tax reform triggers a larger if lagged repatriation or foreign investment flows; 2) A resumption of the EM sell-off boosts USD due to the prevalence of cross-border FX funding in...

FxWirePro: Bullion OTC Outlook and Options Trading and Hedging Strategies
Jan 04, 2019 05:40 am UTC| Research & Analysis
Golds rallies have been eventful trading sessions in the recent past to wrap-up 2018 (almost over 4.77% spike in the last month), gold price in the major trend has gone into the consolidation phase. Technically, the...