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Omkar Godbole

Benzinga Contributor

About

Omkar Godbole joined FXStreet after working for four years as a research analyst in a number of Indian brokerages. Omkar holds a Masters degree in Finance and is deeply immersed in tracking financial markets across the globe.
August 29, 2018 10:46 AM
Weekly Chart Candlestick pattern: Bullish outside-week RSI: Bullish above 50.00 As seen in the chart above, the USD/JPY pair created a bullish outsid ...
August 16, 2018 11:19 AM
The US oil prices dropped to 200-day MA support as expected. The long-term moving average has been put to test for the first time since October 2017. ...
July 05, 2018 12:48 PM
The Federal Reserve (Fed) will release the minutes of its June monetary policy meeting at 2 pm ET on Thursday. The policymakers raised rates ...
June 26, 2018 11:50 AM
The EUR/USD pair looks set to test 1.1852 (double bottom neckline), the daily chart indicates. However, a convincing double bottom breakout may remai ...
May 16, 2018 12:12 PM
This article originally appeared on FXStreet. A double top breakdown is seen on the weekly chart. Adds credence to repeated bull failure s ...
May 14, 2018 10:53 AM
This article originally appeared on FXStreet. Signs of bullish exhaustion in the weekly chart, bearish reversal in the daily chart. The DXY cou ...
May 10, 2018 10:43 AM
This article originally appeared on FXStreet. USD/JPY struggles to take out key descending trendline hurdle. 10-year treasury yield needs to fi ...
May 07, 2018 12:01 PM
This article originally appeared on FXStreet. Bullish outside-week candle signals continuation of the bull run. Bull flag breakout on the daili ...
May 02, 2018 11:38 AM
This article originally appeared on FXStreet. The FOMC rate decision is due at 18:00 GMT Wednesday. The central bank is expected to keep the rates unc ...
April 24, 2018 11:51 AM
This article originally appeared on FXStreet. Gold violated the higher highs and higher lows pattern on Monday, opening doors for a deeper pullback to ...
March 28, 2018 9:27 AM
Dollar rallies likely to be short-lived as markets see slower Fed rate hikes. Previous day's gravestone doji-like pattern and bearish momen ...
March 27, 2018 11:40 AM
The USD/CAD could extend the 300-pip drop from 1.3125 (March 19 high) to ascending 50-day MA. The long-run momentum studies are aligned in fav ...
March 22, 2018 1:15 PM
S&P 500 index looks set to revisit the $2,530 (February low), the technical charts indicate. As of writing, the S&P 500 contract for differenc ...
March 21, 2018 11:05 AM
Gold (XAU/USD) could drop to $1,286 (ascending weekly 50-MA) if the Fed revises higher its neutral rate. The options market is bearish on gold ...
March 20, 2018 11:43 AM
The Federal Open Markets Committee, under the leadership of Jerome Powell, is likely to raise interest rates by 25 basis points and reaffirm the plan ...
March 19, 2018 12:30 PM
The USD/JPY pair could test 105.00 levels this week, the daily relative strength index (RSI) indicates and looks set to break lower irrespective of th ...
March 12, 2018 12:09 PM
The AUD/USD looks set to scale 0.80 soon, according to the technical charts. As of writing, the spot is solidly bid at 0.7873, having closed higher at ...
March 06, 2018 9:27 AM
The daily RSI shows bullish trend reversal.  Still too early to call a bottom as the key descending trendline hurdle is intact.  F ...
March 05, 2018 9:23 AM
The USD/JPY pair closed last month at 106.66, confirming a long-term bullish-to-bearish trend change. The monthly chart shows the could drop to 100-mo ...
March 05, 2018 9:18 AM
The pullback in the Aussie dollar from the recent high of 0.8136 to 0.7750 has neutralized the bullish outlook. That said, only a monthly close below ...
February 28, 2018 12:00 PM
The USD/JPY pair rose to a high of 107.68 in the US session yesterday as the hawkish comments from Fed Chief Jerome Powell triggered a sudden repricin ...
February 27, 2018 9:30 AM
The USD/JPY pair is stuck in a narrowing price range, but a breakout/breakdown could happen today post-Powell's testimony. 4-hour chart The abo ...
February 26, 2018 11:05 AM
The USD/JPY pair is down more than 5 percent from the January high of 113.39 and looks set to extend the drop further toward 103-102 as the bears are ...
February 26, 2018 11:01 AM
The Bollinger bands (20MA, Std. Dev. 2) on the EUR/GBP weekly chart are narrowest since 2008 and against the backdrop of the bearish RSI divergence, i ...
February 22, 2018 9:25 AM
Gold (XAU/USD) is trading on the back foot, tracking the rise in the US dollar and Treasury yields, but technical charts indicate the yellow metal wil ...
February 21, 2018 9:24 AM
USD/JPY recovery seems to have gathered pace, tracking the rising yields, but the bullish reversal is still not confirmed, indicates technical charts. ...
February 21, 2018 9:20 AM
S&P 500 rose to 2754 last Friday - its highest level since Feb. 5 and up 8.89 percent from the Feb. 6 low of 2529, but the gains could be short-li ...
February 16, 2018 9:24 AM
The USD/JPY pair is losing altitude for the fourth straight day, now trading just below the monthly 200-MA level of 105.71. The currency pair is ...
January 22, 2018 11:41 AM
Bank of Japan's (BOJ) first monetary policy decision of 2018 is due tomorrow. The central bank will also release its quarterly economic outlook al ...
December 13, 2017 10:24 AM
Gold is showing signs of bear market exhaustion ahead of the all-important FOMC rate decision, indicates technical charts. As of writing, the metal is ...