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Saxo TV / 9 minutes agoBets on rising crude oil prices, and in particular Brent, are at a new high. Saxo's Ole Hansen looks at what's behind the move and whether a correction could be in order.
Article / 44 minutes ago
TradingFloor.com contributors win awards!The 7th annual Technical Analyst Awards saw First 4 Trading and Futurestechs pick up awards in this prestigious and hotly-contested annual eventRead the article
Article / 1 hour ago
From the Floor: Oil pressure buildsAs the crude oil long/short ratio rips up to very high levels, more and more indicators suggest that a sell-off is on the cards. In FX, the market is focused on tomorrow's FOMC meeting as well as US Q1 GDP, while in the equities sphere we've had a decent batch of surprisingly strong interim earnings.Read the article
Trade view / 2 hours agoMedium term
#SaxoStrats: Buy the June15 56/52 Put Spread on WTI crude oilAfter a rally from a bottom of 42.03 (on March 18) to a top of 58.41 (on April 23) WTI crude oil is now overbought. Stochastics and RSI are giving us a selling signal and MACD is about to turn bearish. Let's buy the June 2015 (expiry 16 days) 56/52 Put Spread to play a retracement on 52.15 (38.2% of retracement of 42.03/58.41).Read the Trade View
Article / 2 hours ago
Australian Market Wrap: ASX milestone still miles awayInvestors hoping for the market to break the 6000 barrier were disappointed yet again but the AUD did hit a one-month high today, remaining firm against a slipping greenback and closer to USD0.80.Read the article
Article / 3 hours ago
Saxo Trade Navigator: Tuesday, April 28April 28, 2015: The Saxo Trade Navigator provides you with daily technical insight into a wide array of major instruments, ranging from FX to equities, commodities and bonds. With a host of various technical indicators such as pivot points, RSI and moving averages, the Saxo Trade Navigator can be used to spot daily trade ideasRead the article
Squawk / 4 hours agoGold Future ($GC_F) Rebound Surge Leaves Bullish Range Bias
A plunge lower Friday through key support at 1178 saw a switch to a broader range theme, BUT the strong recovery effort Monday has rejected a more negative theme and leaves threat of a resumption of a bull theme above 1210.
We see an upside bias for 1207; break here aims through 1209/10, which we would look to try to cap. Break targets 1216, maybe 1224/25.
But below 1198 opens correction risk down to 1186, which we would look to try to hold.
Short/ Intermediate-term Range Parameters: We see the range defined by 1159 and 1210.
Range Breakout Challenge
Upside: Above 1210 aims higher for 1224/25 and 1244/45.
Downside: Below 1159 sees risk lower for 1142, then 1111 and 1100.
To view the full Gold Future report with screencasts, levels and more, click here http://ow.ly/McYI5
See our Commodity and all other reports here http://t.co/xcPPal87B3
Squawk / 4 hours agoJun BUNDS - Marabuzo line caps topside
Against a background of bearish signals for sentiment for this week early upside yesterday was entirely overturned. Most significantly this a 3rd rally attempt rejection with the market unable to break either the 13 day moving average of last Wednesday’s Marabuzo line. The weakness of late profit taking also reflects the underlying tone with scope through 158.93 towards 158.62/53. The risk is currently assessed as 159.58.
Article / 5 hours ago
3 Numbers: UK growth decelerates, US store sales, US confidenceWhile UK growth continues at a canter - and ahead of that of the US - the Q1 GDP report is expected to show it's now moving at a weaker pace. Meanwhile US same-store sales look to be anything but strong, while on the contrary, US consumer confidence shows a decent uptick.Read the article
Article / 5 hours ago
Uranium powers on, whether we like it or notNobody talks much about uranium prices for obvious reasons –there us still plenty of ethical talk around the production and investment in the nuclear material. But prices are coming back, as China and India show their keenness to make U308 part of their energy mix and and the Japanese reactors come back on line.Read the article