Next Gen Commercial Trading

10/02/2015

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10/02/2015

Has hedging become very important for the trading SME's in ?

To take care of the increasing in not affecting their businesses.

10/02/2015

So GBPUSD is pretty much stuck in the current region trading at 5-DMA. long term trend still shows bearishness, Selling can be made with strict stops for pound.

https://charts.mql5.com/6/964/gbpusd-d1-fxprimus-ltd.png

09/02/2015

This is our technical chart which predicted the resistance level prior it creating high, GBPUSD is in a strong long term downward trend, But with the fall from 1.71, It makes the investors believe some sort of rebounce from the current regions.

The ichimoku indicator still shows the selling clouds and makes us believe it is in selling region yet, Do sell in the current resistance area with stops above the levels of 1.5275.

Symbol: GBPUSD. Periodicity: D1. Broker: HY Investment. Trading Platform: MetaTrader 4. Trading Mode: Real. Date: 2015.02.09 14:24 UTC.

09/02/2015

What do the world's top analysts think about Crude oil prices in the coming weeks or years.

Oil could fall as low as $30 because supply surpluses won’t disappear overnight, said Barclays analyst Miswin Mahesh.

Oil has the potential climb to $200 per barrel from a lack of investment in new supply, warned OPEC’s Secretary General Abdell El-Badri. “If you don’t invest in oil and gas, you will see more than $200,” he said, without giving a time frame.

Shale oil will soon be needed to make up for production declines around the world, pushing U.S. prices to as high as $65 a barrel, the head of Astenbeck Capital Management wrote in a Feb. 2 letter obtained by Bloomberg News.

In a Bloomberg News survey of analysts and traders, 12 of 32 respondents predicted futures will decline through Feb. 13, while 10 forecast an increase.
“We don’t think we’ve seen the bottom yet,” said Giovanni Staunovo, a commodities analyst at UBS in Zurich.

“We are establishing a bottom,” said Bill O’Grady, chief market strategist at Confluence Investment Management in St. Louis, which oversees $2.4 billion. “In the long run, probably $60 is going to be your pivot point.”

Oil will probably continue to decline and could reach as low as $30 a barrel, said Gary Cohn, president of Génération Goldman Sachs Group Inc. “We’re probably in the lower, longer view,” said Cohn, a former oil trader.

“The fundamental supply and demand does remind me of 1986 a bit, where we could go into a period in this decade of lower oil prices,” said BP CEO Bob Dudley. Prices may stay below $60 for as long as three years, he said. “It will be a long time before we see $100 again.”

Oil could fall to the $30 a barrel range, said Fumiya Kokubu, CEO of Tokyo-based Marubeni Corp. He said he doesn’t see much of a price rebound in the next two or three years.

Read more from out source http://www.bloomberg.com/news/articles/2015-02-06/these-experts-know-exactly-where-oil-prices-are-headed

Somewhere Between $30 and $200 a Barrel

09/02/2015

GBPUSD trading in its current volatility did not break yet so its upper resistance which lies in the region of 1.52450 to 1.5280, With the BoE inflationary report being expected on coming Thursday, Volatility can be expected later this week.

It still is trading between the support and resistance levels provided earlier, Any trend break conformation shall be reported at the earliest.

Do check the economic calendar of fxstreet to know the weekly fundamentals:

The real-time Economic Calendar covers economic events and indicators from all over the world. It's automatically updated when new data is released.

28/01/2015

With British pound trading yet in the strong ranges provided between 1.5250 and 1.48, trading resumes between these two levels awaiting a trend reversal over the up side.

27/01/2015

Oil prices will probably continue to decline and could reach as low as $30 a barrel, according to Gary Cohn, president of Goldman Sachs Group Inc.

“We’re probably in the lower, longer view,” Cohn, a former oil trader, said Monday in an interview with CNBC.

West Texas Intermediate for March delivery fell 44 cents to close at $45.15 a barrel on the New York Mercantile Exchange, the lowest settlement since March 11, 2009.

Crude oil has slumped almost 60 percent since June as the Organization of Petroleum Exporting Countries resisted calls to cut output and the U.S. pumped at the fastest pace in more than three decades. Drillers in the U.S. have begun to idle rigs as falling prices make wells aiming to tap shale reserves unprofitable.

Cohn, 54, said the commodity business is “very, very strong” because consumers and oil-producing nations are in different positions than they have been in the past few years.

“If you’re a consumer today and you can lock in these prices, you’re a lot more aggressive in the markets in hedging than you ever have been,” Cohn said. “The flip side is if you’re an oil-exporting country today and you’re looking at these oil prices and you see a fairly steep forward curve and you see 10 or 15 dollars of price higher a year forward then you do in the spot market, you have to consider trying to lock into that forward price.”

Source : Bloomberg

27/01/2015

With British pound trading still in its strong range of 300 pips, both buying and selling opportunities have been arising. But do look out for the trend reversal or break out at the extreme points of 1.48 over the downside and 1.5250 over the upside region.

Happy ! , Do follow for your weekly news calendar.

22/01/2015

Oil Drillers ‘Going to Die’ in 2Q on Crude Price Swoon

Oil drillers will begin collapsing under the weight of lower crude prices during the second quarter and energy explorers who employ them will shortly follow, according to Conway Mackenzie Inc., the largest U.S. restructuring firm.

22/01/2015

With oil prices trading at the lows, Oman breaks its silence being a non OPEC member and explaining how its 79% of annual revenue through crude production is getting affected.

Where as Venezuela is losing around 700 million USD for every drop in US WTI Crude price.

http://www.bloomberg.com/news/2015-01-21/oman-joins-other-oil-producers-saying-opec-made-wrong-decision.html

Oman, the biggest Middle Eastern oil producer that’s not a member of OPEC, joined Venezuela and Iran in questioning the group’s decision to keep its output target unchanged even with crude prices falling.