India 10yr Bond Yield: Heading to 7.51%

Note: rising yields = declining bond prices.  Yields have been rising considerably lately. Similar attempts have been made in the US and Europe, but these...

USD/INR – 10 Nov 2017

The basing pattern of the past weeks is shaping up to be the first stage in a new uptrend. The weekly chart does pose...

USD/INR – 15 Sep 2017

The general outlook has hardly changed over the past weeks: consolidation around 64-ish with rather limited swings to either side. We maintain the stance...

Gold: Primary Uptrend Resumes

Gold is showing considerable strength again. Prices are pushing hard on the main barrier around 1295. Breaching this zone convincingly ends the volatile consolidation...

USD/INR – 17 July 2017

Price action has been low over the past few months. Prices are stuck between roughly 64 and 65 despite a further rise in stock...

WTI Crude – 20 June 2017

The longer term remains unchanged: relatively neutral between 42 on the downside and 54.40 on the upside. Whether this rather volatile trading range-like pattern is...

USD/INR – 15 June 2017

Buyers have gained a foothold making a first notable recovery likely after the nearly 8% drop since late last year. Expect a bounce up...

WTI Crude – 31 May 2017

A clear direction is lacking on the weekly charts. Rough boundaries come in at 42 on the downside and 54.40 on the upside. Whether this...

USD/INR – 18 May 2017

A minor recovery as a reaction to the recent sell-off is expected. Such a bounce does not alter the near-term bearish bias as long...

Copper – 7 March 2017

Copper is getting clubbed today on low China growth and strong inventory growth. The outlook has been rather fragile over the past few days, but...