Grand Fxnes Global Trading Service

04/01/2017

27/12/2016

FX trading geek

01/07/2016

Gold Prices May Renew Rally as Yields Decline in Risk-Off Trade
Friday, Jul 1, 2016 12:38 pm +05:30
http://grandfxnes.com/index.php
Talking Points:
• Crude oil prices break from risk trends, recoil from range resistance
• Gold prices may find fuel to renew rally as yields fall in risk-off trade
• Eurozone PMI, US ISM data unlikely to command markets’ attention
Crude oil prices broke with broader risk sentiment trends yesterday. The WTI contract edged narrowly lower even as global share prices (as tracked by the MSCI World Stock Index) continued to recover. A discrete catalyst for the move did not readily present itself. Rather, price action may have reflected profit-taking into the end of the quarter following the best three-month performance since 2009.
Meanwhile, gold prices continued to mark time in familiar territory as traders waited for a new catalyst to inspire directional momentum. The yellow metal has mirrored the consolidative tone across the anti-USD space since last week’s volatility surge in the wake of the UK “Brexit” referendum. Uncertainty abounds and investors appear unwilling to commit one way or another for the time being.
Looking ahead, revised Eurozone PMI data and the US ISM Manufacturing survey are unlikely to command significant attention considering these outcomes will not yet reflect the impact of post-Brexit vote uncertainty on growth trends. With that in mind, broader sentiment trends may remain at the forefront. USstock futures are pointing downward, hinting at renewed risk aversion.
Despite yesterday’s split from sentiment trends, a firm correlation between WTI and the S&P 500 (0.74 on rolling 20-day studies) suggests crude prices may face selling pressure in risk-off trade. Bond yields are likely to decline in this scenario amid renewed haven demand for Treasuries, bolstering the relative appeal of non-interest-bearing assets including gold.
Track short-term gold and crude oil trading patters with our proprietary GSI indicator!
GOLD TECHNICAL ANALYSIS – Gold prices are attempting to build upward momentum yet again after spending four days trapped inside a narrow range. A daily close above the 61.8% Fibonacci expansion at 1321.79 targets the 76.4%levelat 1338.72. Alternatively, a move below support at 1308.12, the 50% Fib, exposes the 38.2% expansionat 1294.44.

CRUDE OIL TECHNICAL ANALYSIS – Crude oil prices continue to tread water in a narrowing range below the $52/bbl figure. Near-term support is at 45.60, the 23.6% Fibonacci retracement, with a break below that exposing the 38.2% level at 41.86. Alternatively, a daily close above falling trend line resistance – now at 49.57 – targets the 23.6% Fib expansionat 51.86.

http://grandfxnes.com/index.php

01/07/2016

US Dollar May Rise Alongside Yen as Risk Aversion Builds Anew
Friday, Jul 1, 2016 12:50 pm +05:30

Talking Points:
• Yen looks past Asian shares advance, drops alongside S&P 500 futures
• FX markets likely to look past UK and Eurozone PMIs, US ISM surveys
• US Dollar may find building support as risk aversion gains momentum
The anti-risk Japanese Yen advanced despite continued recovery on Asian stock exchanges, tracking S&P 500 futures downward. This suggested overnight strength in the equities space may have amounted to little more than catch-up momentum after a third consecutive day of gains on Wall Street. Meanwhile, FX markets appeared to look ahead alongside US index futures, where the bias appeared to swing back toward the risk-off side of the spectrum.
UK and Euro zone Manufacturing PMI data headlines the economic calendar in European trading hours and the analogous US ISM Manufacturing survey enters the spotlight later in the day. None of these outcomes are likely to generate a meaningful response from investors however because they are unlikely to reflect the impact of post-Brexit vote uncertainty on sector activity trends.
With that in mind, broad-based risk appetite trends are likely retain control over price action. US index futures continue to point lower and the Yen is building upward momentum as Europe comes online. Meanwhile, the benchmark 10-year US Treasury bond yield has fallen to a record low. This seems to point toward continued risk aversion into the end of the trading week. Besides the Japanese unit, such a scenario is likely to prove supportive for the US Dollar.
Asia Session
GMT CCY EVENT ACT EXP PREV
23:30 AUD
AiG Perf of Mfg Index (JUN) 51.8 - 51
23:30 JPY
Jobless Rate (MAY) 3.2% 3.2% 3.2%
23:30 JPY Job-To-Applicant Ratio (MAY) 1.36 1.35 1.34
23:30 JPY Overall Household Spending (YoY) (MAY) -1.1% -1.1% -0.4%
23:30 JPY Natl CPI (YoY) (MAY) -0.4% -0.5% -0.3%
23:30 JPY Natl CPI Ex Fresh Food (YoY) (MAY) -0.4% -0.4% -0.3%
23:30 JPY Natl CPI Ex Food, Energy (YoY) (MAY) 0.6% 0.6% 0.7%
23:30 JPY Tokyo CPI (YoY) (JUN) -0.5% -0.4% -0.5%
23:30 JPY Tokyo CPI Ex-Fresh Food (YoY) (JUN) -0.5% -0.5% -0.5%
23:30 JPY Tokyo CPI Ex Food, Energy (YoY) (JUN) 0.4% 0.4% 0.5%
23:50 JPY Tankan Large Mfg Index (2Q) 6 4 6
23:50 JPY Tankan Large Mfg Outlook (2Q) 6 3 3
23:50 JPY Tankan Large Non-Mfg Index (2Q) 19 19 22
23:50 JPY Tankan Large Non-Mfg Outlook (2Q) 17 17 17
23:50 JPY Tankan Large All Industry Capex (2Q) 6.2% 5.3% -0.9%
23:50 JPY Tankan Small Mfg Index (2Q) -5 -6 -4
23:50 JPY Tankan Small Mfg Outlook (2Q) -7 -8 -6
23:50 JPY Tankan Small Non-Mfg Index (2Q) 0 1 4
23:50 JPY Tankan Small Non-Mfg Outlook (2Q) -4 -2 -3
00:00 AUD CoreLogic House Px MoM (JUN) 0.5% - 1.6%
01:00 CNY Manufacturing PMI (JUN) 50 50 50.1
01:00 CNY Non-manufacturing PMI (JUN) 53.7 - 53.1
01:45 CNY Caixin China PMI Mfg (JUN) 48.6 49.2 49.2
02:00 JPY Nikkei Japan PMI Mfg (JUN F)
48.1 - 47.8
05:00 JPY Vehicle Sales (YoY) (JUN) 3.0% - 6.6%
05:00 JPY Natl CPI Ex Fresh Food, Energy (YoY) (MAY) 0.8% 0.8% 0.9%
05:00 JPY Consumer Confidence Index (JUN) 41.8 41.1 40.9
06:30 AUD Commodity Index AUD (JUN) 89.7 - 90.3
06:30 AUD Commodity Index (YoY) (JUN) 9.9% - -10.0%
European Session
GMT CCY EVENT EXP/ACT PREV IMPACT
07:15 CHF
Retail Sales Real (YoY) (MAY) -1.6% (A) -2.2% Low
07:15 EUR
ECB’s Coeure Speaks in Paris - - Low
07:30 CHF PMI Mfg (JUN) 55.3 55.8 Low
07:45 EUR Markit/ADACI Italy Mfg PMI (JUN) 52.4 52.4 Low
07:50 EUR Markit France Mfg PMI (JUN F) 47.9 47.9 Low
07:55 EUR Markit/BME Germany Mfg PMI (JUN F) 54.4 54.4 Medium
08:00 EUR Markit Eurozone Mfg PMI (JUN F) 52.6 52.6 Medium
08:30 GBP
Markit UK PMI Mfg SA (JUN) 50.1 50.1 Medium
09:00 EUR Unemployment Rate (MAY) 10.1% 10.2% Medium
Critical Levels
CCY Supp 3 Supp 2 Supp 1 Pivot Point Res 1 Res 2 Res 3
EURUSD
1.0833 1.0964 1.1035 1.1095 1.1166 1.1226 1.1357
GBPUSD
1.2758 1.3048 1.3179 1.3338 1.3469 1.3628 1.3918
http://grandfxnes.com/contact-grand-fxnes.php

01/07/2016

Upbeat ISM Manufacturing Survey to Fuel EUR/USD Losses
Friday, Jul 1, 2016 3:30 pm +05:30
- ISM Manufacturing Survey to Hold at Second-Highest Reading for 2016.
- Employment Component Has Contracted for Last Six Consecutive Months..
Trading the News: U.S. ISM Manufacturing
Even though the ISM Manufacturing survey is expected to hold steady at 51.3 in June, another unexpected uptick may heighten the appeal of the greenback and spur a short-term decline in EUR/USD as it instills an improved outlook for growth.
What’s Expected:

Why Is This Event Important:
Positive data prints coming out of the U.S. economy may put increased pressure on the Federal Open Market Committee (FOMC) to implement a rate-hike over the coming months, but signs of a slowing recovery may force the central bank to preserve a wait-and-see approach throughout 2016 in an effort to curb the downside risks surrounding the region.
Expectations: Bullish Argument/Scenario
Release Expected Actual
Real Personal Spending (MAY) 0.2% 0.3%
Consumer Confidence (JUN) 93.5 98.0
Advance Retail Sales (MoM) (MAY) 0.3% 0.5%
Improved confidence accompanied by the pickup in private-sector spending may encourage another uptick in the ISM survey, and a positive development may spark a bullish reaction in the greenback as it boosts interest-rate expectations.
Risk: Bearish Argument/Scenario
Release Expected Actual
Advance Goods Trade Balance (MAY) -$59.5B -$60.6B
Non-Defense Capital Goods Orders ex. Aircrafts (MAY P) 0.4% -0.7%
Manufacturing Production (SIC) (MAY) -0.1% -0.4%
Nevertheless, the weakening outlook for global growth paired with the decline in private investment may drag on business sentiment, and a dismal report may produce near-term headwinds for the greenback as market participants push out bets for the next Fed rate-hike.
Bullish USD Trade: ISM Report Unexpectedly Improves for Second Month
• Need red, five-minute candle following the statement to consider a short trade on EUR/USD.
• If market reaction favors a bullish dollar trade, sell EUR/USD with two separate position.
• Set stop at the near-by swing high/reasonable distance from entry; look for at least 1:1 risk-to-reward.
• Move stop to entry on remaining position once initial target is hit; set reasonable limit.
Bearish USD Trade: Manufacturing Survey Falls Short of Market Expectations
• Need green, five-minute candle to favor a long EUR/USD trade.
• Implement same setup as the bullish dollar trade, just in reverse.
Potential Price Targets For The Release
EURUSD Daily

Chart - Created Using FXNES Marketscope 2.0
• Failure to preserve the upward trend from back in December puts the 2016 advance at risk, with a close below the Fibonacci overlap around 1.0960 (23.6% retracement) to 1.0970 (38.2% retracement)raising the scope for a further decline in EUR/USD as it appears to be carving a head-and-shoulders top going into the second-half of the year.
• Key Resistance: 1.1760 (61.8% retracement) to 1.1810 (38.2% retracement)
• Key Support: Interim Support: 1.0380 (78.6% expansion) to 1.0410 (61.8% expansion)
Check out the short-term technical levels that matter for NZD/USD heading into the testimony!
Avoid the pitfalls of trading by steering clear of classic mistakes. Review these principles in the "Traits of Successful Traders" series.
Impact that the ISM Manufacturing survey has had on EUR/USD during the previous release
Period Data Released Estimate Actual Pips Change
(1 Hour post event ) Pips Change
(End of Day post event)
MAY 2016 06/01/2016 14:00 GMT 50.3 51.3 +4 +10
May 2016 U.S. ISM Manufacturing

The ISM Manufacturing survey unexpectedly improved in May, with the index advancing to 51.3 from 50.8 the month prior. A deeper look at the report showed the Prices Paid index climbing to 63.5 from 59.0 in April, while the Employment component held steady at 49.2 to mark the sixth consecutive contraction, with the gauge for Production narrowing to 52.6 from 54.2 during the same period. The initial move lower in EUR/USD was short-lived, with EUR/USD bouncing back from the 1.1150 zone to end the day at 1.1186.
http://grandfxnes.com/technical-analysis.php

01/07/2016

Peso Surges as Mexican Central Bank Shocks with 50bps Rate Hike
Friday, Jul 1, 2016 8:06 am +05:30
http://grandfxnes.com/contact-grand-fxnes.php
Talking Points
• Mexican Peso surges by two percent after Banco de Mexico announces 50 bps rate hike
• Authority’s decision seen as a response to peso hitting record lows following the “Brexit” vote
• Banco de Mexico says will keep close eye on CPI, inflation, and position relative to the US
Showcase your trading skills against your peers in FXCM’s $10,000 Monthly Challenge here.
The Mexican Peso surged by two percent after the Banco de Mexico shocked speculators with a 50bps rate hike. This move extended the reversal from Peso record lows hit shortly after the “Brexit” vote. This change to key rates was more than the 25bps increase that had been expected by the markets and the surprise generated a strong reaction from the market. The Mexican Peso has declined significantly against the dollar in recent the past two months and fell even further as the news of the United Kingdom’s split with the European Union crossed the wires. With this newest tightening efforts, the peso has clawed back most of the losses following the “Brexit” vote.

Moving forward the Banco de Mexico will closely watch CPI, aspects affecting inflation and their monetary position relative to the United States. In its statement, Banxico said that they expect CPI to remain near target in 2017 but falling telecommunications and electric prices create downside risk to their goal. They remain confident that inflationary pressures are under control and that existing risks have deteriorated. In December of 2015, the central bank raised interest rates for the first time since 2008 and clearly stated that the increase was mainly a response to the absence of Fed rate adjustments. Further, in February, the group hiked rates and announced that it had intervened on behalf of their currency. As this further drastic move from the bank is digested, it will be pertinent to keep a close eye on Fed statements as well as watching out for any further, global central bank surprises near-term.

http://grandfxnes.com/contact-grand-fxnes.php

30/06/2016

Crude Oil Prices Recover with Risk Appetite on Brexit News Lull
Thursday, Jun 30, 2016 8:46 am +05:30

Talking Points:
• Crude oil prices rebound after testing range support
• Gold prices in consolidation mode above $1300/oz
• Lull in Brexit news keeps markets in digestion mode
Commodities prices have settled into uneasy consolidation of Brexit-inspired volatility. Crude oil prices recovered for a second consecutive day, rising along stock prices. Risk appetite improved amid a lull in fresh news-flow advancing the post-referendum UK narrative, allowing markets to transition into digestion mode (as expected). An unexpectedly large weekly inventory drawdown (-4.05m bbl vs. -2.5m bbl forecast) may have bolstered support for the WTI contract.
Gold prices are treading water. The post-Brexit correction across the asset spectrum has helped engineer a modest improvement in the US monetary policy outlook (as priced into Fed Funds futures) – undermining the appeal of anti-fiat assets – but lingering uncertainty looks to have contained outright selling pressure. Indeed, the latest positioning data from the CFTC suggests net-long gold futures exposure is at the highest since at least 1993.
Looking ahead, central bank commentary is likely to be in focus. St. Louis Fed President James Bullard andBank of England Governor Mark Carney are scheduled to speak. The latter may help offer greater detail on how the post-Brexit reaction thus far fit into the BOE’s scenario analysis and hint at what the near-term policy response could look like. The former may help illuminate the thinking on the FOMC about knock-on effects from the UK’s decision to leave the EU on the path of interest rate hikes.
In both instances, the probability that truly trend-defining commentary emerges seems decidedly low. Central banks operate with a medium term view and officials at the Fed and the BOE have almost certainly agreed to opt for a wait-and-see approach, waiting to assess the referendum’s impact on progress toward their policy objectives. With that in mind, sentiment trends may retain control over price action. Absent fresh fodder for the Brexit narrative, a broadly consolidative tone is likely to persist.
GOLD TECHNICAL ANALYSIS – Gold prices paused to consolidate above the $1300/oz, as suspected. From here, a daily close below the 50% Fibonacci expansion 1308.12 exposes the 38.2% level at 1294.44. Alternatively, a breach of resistance at 1321.79, the 61.8% Fib, targets the 76.4% expansion at 1338.72.

CRUDE OIL TECHNICAL ANALYSIS – Crude oil prices have settled into digestion mode having found resistance below the $52/bbl figure. A daily close below the 23.6% Fibonacci retracement 45.60 targets the 38.2% level at 41.86. Alternatively, a push above falling trend line resistance – now at 49.73 – exposes the 23.6% Fib expansion at 51.86.

http://grandfxnes.com/trading-products.php

29/06/2016

28/06/2016

Gold Prices May Correct Lower as Brexit News-Flow Slows
Tuesday, Jun 28, 2016 8:26 am +05:30

Talking Points:
• Crude oil continues to sink on Brexit-linked risk aversion
• Technical positioning hints gold prices may correct lower
• Commodities may retrace amid pause in UK/EU narrative
Follow-through on Brexit-inspired volatility continued to play out in the commodity markets. Crude oil prices weakened amid risk aversion, following the S&P 500 downward, while gold prices rose alongside haven assets including the Japanese Yen and the 10-year US Treasury bond.
The aftermath of the UK referendum is likely to remain in focus as the European Parliament convenes for a special session to produce an official “Brexit” resolution. EU heads of state are also gathering in Brussels for a two-day European Council meeting to discuss how to proceed after last week’s events.
Concrete specifics on the UK’s departure from the regional bloc are unlikely. Article 50 is yet to be invoked so formal exit procedures have not been triggered. The sit-down will focus on proposing a “new impulse” for the EU, according to comments from German Chancellor Angela Merkel yesterday.
Presumably, this implies a range of broad policy proposals aimed at boosting the EU’s popularity to counter Brexit-inspired eurosceptics in other member states. While it seems unlikely that the meeting will deliver much more than vague platitudes, the outcome remains a potent source of event risk for sentiment trends.
Practically speaking, the absence of fresh fodder to push forward the Brexit narrative may offer shell-shocked markets a bit of space for digestion, encouraging corrective price action across the major asset spectrum. This may see gold retrace some recent gains while crude oil recovers alongside share prices.
GOLD TECHNICAL ANALYSIS – Gold prices rebounded as expected but the appearance of a Shooting Star candlestick points to indecision and hints that a pullback may be in the cards. Near-term support is at 1308.12, the 50% Fibonacci expansion, with a reversal below that targeting the 38.2% level at 1294.44. Alternatively, a push above the 61.8% Fib at 1321.79 sees the next upside barrier at 1338.72, the 76.4% expansion.

CRUDE OIL TECHNICAL ANALYSIS – Crude oil prices have slumped back toward range support at 45.60, marked by the 23.6% Fibonacci retracement. A daily close below this barrier exposes the 38.2% level at 41.86. Alternatively, a reversal above the 48.73-50.18 resistance cluster sees the next upside barrier at 51.86, the 23.6% Fib expansion.
http://grandfxnes.com/trading-platfrorms.php

25/06/2016

USDollar Soars on Brexit, Safety and Reserve Appetite Strong Winds
Saturday, Jun 25, 2016 9:49 am +05:30

http://grandfxnes.com/trading-accounts-details.php


Fundamental Forecast for Dollar: Bullish
• Deepening risk aversion and a concentration of reserves can provide a strong drive for the Dollar
• Rate expectations have collapsed after Brexit with the market pricing in a 11% probability of a rate cut in December
• See our 2Q forecasts for the US Dollar and market benchmarks on the DailyFX Trading Guides page
The Dollar soared this past week in the fracas that resulted from the market realizing the United Kingdom had voted to leave the European Union. In fact, the ICE Dollar Index (with more historical data) enjoyed itslargest single-day rally since the crisis era back to December 2008 at 2.1 percent. That move is testament to the extraordinary volatility in the FX and broader financial system this past week as well as a clear motivation for safety. Monetary policy as a general market theme has served the Greenback well. However, the divergence of efforts amongst the world’s largest central banks was inevitably constrained which in turn limited the Dollar’s potential. In contrast, the appetite for safety can be a boundless well of strength for the currency.
This past week, the market finally acknowledged its exposure to risk. Similar to the exceptional moves in August and at the turn of the year, there was a systemic move across the world and across asset types that was generated from sentiment. However, unlike the previous flashes of panic, there are deeper roots to this tumult. China’s financial troubles and recognition of tighter monetary policy (contributions to the previous moves) are important, but they come with inherent curbs. Policy authorities in the world’s second largest economy have remarkable control over its economy and markets while their intentions for distortion are kept in check by their desire to cement their position in the global economy. Dependency on monetary policy is a deep vein but skepticism can (and has) hold strong in the face of uncertainty. An event like the Brexit is dramatic and progresses too many threats to carry limited engagement.
With the UK’s historic vote, we have the immediate volatility which was universal and severe. The Pound suffered a record daily loss, the VIX volatility index posted its fourth largest daily increase in history and Europe’s Euro Stoxx 50 equity index posted a record drop of its own. This reflects the kind of extreme aversion to ‘risk’ that sends global investors to absolute havens like US Treasuries and the Dollar. A mere flash-in-the-pan type of move would not benefit the USD long-term. Yet, there is more profound fundamental threat to this event than a quick flight to temporary shelter. This represents a clear protectionist move in a world that has only seen passing threats of a shift towards domestic focus at the detriment of global strength. A growing concern over global growth, the crumbling of the Euro-area, recognition of limited policy capabilities and growing investor pessimism could make for a more permanent risk aversion.
A solidified fear has a lot of excessive risk exposure built up over the years that can act as fuel for deleveraging. However, there may be another component to a long-term Dollar appeal: reserve status. With the split between the UK and EU, capital will temporarily flee the former for economic concerns and more permanently the latter as its Economic stability is called into question. When we consider the hierarchy of global reserves (see the second chart below); there is a troubling lack of options for safe guarding capital. The Euro is the second most used reserve (19.9%) and the Pound the third (4.9%). The Yenis an alternative, but a poor one given its manipulation risks and size (4.1%). There is only one true alternative for scale and stability, and that is the Dollar (64%). This is likely to prove a long-term boon for the Dollar especially as alternatives like the Yuan are viewed as fraught and manipulated.
Moving forward, the ‘risk’ aspect of the Dollar’s fundamental appeal is likely to grow while the ‘return’ quality will diminish. There is little yield to be made in the market generally, and the exaggerated emphasis on a 25bp hike from the FOMC versus the diminished efficacy of stimulus programs from the likes of the ECB and BoJ was losing traction regardless. With the global risks more prominent and the greater risk of a slowing of world growth, a rate hike in 2016 is even less likely. Fed Chair Yellen will weigh in next week.Perhaps the greater pressure would come from central bank intervention, but that is likely to have as limited influence as monetary policy.

http://grandfxnes.com/trading-accounts-details.php

24/06/2016

Brexit Analysis Directory
Friday, Jun 24, 2016 1:19 am +05:30
http://grandfxnes.com/mt4-mobile.php
The United Kingdom’s EU Referendum vote (known as the ‘Brexit’) is scheduled to begin 7am local London time on Thursday, June 23, and will run through 10pm (that's 06:00-21:00 GMT and 02:00-17:00 EDT). The subsequent tally will very likely keep markets on edge waiting for a clear outcome, well into Friday trade.
Why is this event so important? How far does its influence reach? What should you do in the face of this risk? This aggregate page acts as a directory to find the Daily FXNES analysts’ broad coverage of this extremely important event for the entire financial system.
Brexit Background
Brexit Referendum Timeline: When Will Districts Report Results? – 06/22/16
Euro-Zone ZEW Survey Emphasizes “Brexit” as a Source of Uncertainty– 06/21/2016
Being as Clear as Possible: Thursday’s Brexit Vote a Direct Threat to the Euro– 06/20/2016
British Pound Soars as Polls Show Support for "Brexit" Ebbing – 06/20/2016
The Build-Up to Brexit– 06/20/2016
Brexit Scenarios
Crowd Still Net-Short GBP/USD as YouGov Poll Shows Remain at 51% - 06/22/2016
GBP/USD Soars to 2016 High on Supportive Brexit Polls – 06/22/16
Breaking Down BREXIT Scenarios Webinar Series - 06/21/2016
British Pound Seesaws on Conflicting Brexit Polls – 06/20/2016
British Pound Braces for Massive Volatility in Two Weeks Ahead – 06/17/2016
IMF Report Suggests Serious Economic Consequences of Brexit– 06/16/2016
Brexit Global Risks
Strategy Video: Market Is Making Dangerous Brexit Bets - 06/23/2016
Strategy Video: Dollar’s Safe Haven Exposure to Brexit Risk – 06/22/2016
Brexit Vote May Stoke Violent Instability Beyond UK Assets – 06/22/2016
Brexit Risk Threatens Mainland through Hong Kong on Business, Equities – 06/21/2016
Markets May Underestimate "Brexit" Threat Facing the Euro - 06/21/2016
Euro, Pound Gap Higher as Yen Drops Amid Ebbing Brexit Fears – 06/20/2016
Australian Dollar at the Mercy of UK EU Membership Referendum– 06/18/2016
Brexit Market Conditions
Adjusting Your Trading Expectations in Volatile & Possibly Illiquid Markets - 06/23/2016
Crude Oil, Gold Price Moves Mean Little Ahead of “Brexit” Outcome – 06/22/2016
Four Markets of Extreme Vulnerability as We Approach the Brexit Vote – 06/21/2016
Gold Price to Look Past Yellen, Draghi as "Brexit" Vote Looms– 06/21/2016
Gold Prices Drop, Crude Oil Gains as Polls Turn Against "Brexit"– 06/20/2016
Retail Crowd Flips Positioning in GBP/USD on Approach to Brexit Vote– 06/20/2016
Technical Analysis
FTSE 100: Rallying Sharply as ’Brexit’ Fears Subside – 06/20/2016
GBP/USD Surges Above $1.4600 as Brexit Odds Plunge– 06/20/2016
BREXIT RELATED EVENTS

Chart 1: GBP/USD Daily Chart with Historical SSI (Oct'15 to Jun'16)

Chart created using Marketscope 2.0
Chart 2: FX Volatility Measures (Short-term versus Long-term)

Chart 3: GBP/USD versus 1- and 2-week Annualized Implied Volatility
http://grandfxnes.com/mt4-mobile.php