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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.
December 11, 2017 11:32 AM
AUD/USD fell 1.33 percent to 0.7508 last week as the initial run to 0.7650 on the back of retail sales and service sector ran out of steam following t ...
December 08, 2017 11:50 AM
The USD/JPY pair rose to 113.19 yesterday as expected and extended gains further to 113.39; the highest level Nov. 14. Currently, the spot is trading ...
December 05, 2017 10:23 AM
The bulls need progress soon... the spot needs to close above 113.10 else the technical recovery from the low of 110.84 could fall apart. As of writin ...
December 05, 2017 10:21 AM
Optimism seems to have gripped the market participants as indicated by the rise in the open interest (OI) or open positions in the 1.22 Call expiring ...
December 04, 2017 11:39 AM
Having clocked a weekly high/low of 0.7645-0.7551, the AUD/USD pair ended last week largely unchanged 0.7609 levels. The technical studies show indeci ...
December 04, 2017 11:09 AM
Having clocked a low of 146.97, the GBP/JPY cross closed last month higher at 152.21 levels. The currency pair gained 0.86 percent. The technical char ...
November 30, 2017 11:20 AM
Oil ministers from the Organization of Petroleum Exporting Countries (OPEC) convene in Vienna today for their semi-annual meeting. The first six month ...
November 29, 2017 11:02 AM
SD/JPY bears need to attack the pair soon, else they could end up losing control to bulls in the short-term. The corrective rally gathered steam as ex ...
November 29, 2017 11:00 AM
The bearish reversal on the EUR/USD could be short-lived if we take into account the rise in the open positions in the EUR bullish bets in the options ...
November 28, 2017 11:39 AM
The tables may have turned in favor of the dollar bulls, suggests the USD/CAD technical charts. The currency pair recovered from the low of 1.2680 yes ...
November 28, 2017 11:36 AM
The technical studies indicate increased odds of a corrective rally to 112.00 levels in the next 24-36 hours. As of writing, the currency pair is trad ...
November 21, 2017 11:36 AM
Gold witnessed a bullish Bollinger band breakout on Friday, but the follow through on Monday was a disaster. The yellow metal fell to $174 on Monday a ...
November 21, 2017 10:58 AM
The Dollar Index (DXY) witnessed a strong rebound from the 50-day MA yesterday, strengthening the appeal of what looks increasingly likely a bottom. T ...
November 21, 2017 10:50 AM
On Monday, the Dollar-Yen pair witnessed a solid rally from the low of 111.89 to 112.72 as the US 10-year treasury yield rose from 2.32 percent to 2.3 ...
November 17, 2017 10:39 AM
Gold continues to trade in a narrow range, but there are signs that a big breakout is on the cards. As of writing, the yellow metal is trading at $128 ...
November 17, 2017 10:35 AM
The solid rally from the Sep. 8 low of 0.9421 ran out of steam above 1.00 this month. The spot fell to a low of 0.9846 earlier this week before regain ...
November 16, 2017 12:16 PM
The EUR/USD pair rose to a one-month high of 1.1861 Wednesday before ending the day on a negative note at 1.1790. The decline was extended to 1.1768 e ...
November 16, 2017 11:39 AM
The Dollar-Yen pair rebounded from the upward sloping 50-day MA level of 112.47 on Wednesday, although the follow through has been weak as indicated b ...
November 14, 2017 10:43 AM
Having spent last week trading sideways, WTI Oil is finally turning over in favor of the bears. As of writing, the front-month contract is trading at ...
November 14, 2017 10:36 AM
The EUR/GBP pair rose to an 11-day high of 0.8923 on Monday as Pound was offered across the board on rising political uncertainty. As of writing, the ...
November 13, 2017 11:10 AM
The AUD/USD pair ended the last week on a flat note at 0.7657. Bears failed for the third straight week to keep the spot below the weekly 100-MA. Stil ...
November 13, 2017 10:59 AM
The USD/JPY pair is better bid today, but it is struggling to get past the 5-day MA level of 113.70. As discussed here, the unwinding of the treasury ...
November 10, 2017 10:39 AM
USD/CAD sellers are having a tough time breaching the key trendline support today. As of writing, the currency pair is trading at 1.2673; which is the ...
November 10, 2017 10:34 AM
Rally in the Brent oil appears to have come to a halt around the $63.50 levels this week largely on account of the short-term overbought technical con ...
November 09, 2017 10:50 AM
Descending triangle breakout signals continuation of the rally from the July low $1204.70. Big jump in open positions in the call options point ...
November 09, 2017 10:33 AM
The EUR/USD is having a tough time holding above 1.16 handle. 1-hour chart The upswings of this pair are being restrained around 1.1620 since Monday. ...
November 08, 2017 11:09 AM
Currently, the dollar index (DXY) is trading flat-lined around the 94.90 levels. The greenback has rallied more than 4 percent from the September low ...
November 08, 2017 11:03 AM
It's the same old story for USD/JPY - the currency pair failed to hold on to gains above the 114.00 handle on Tuesday. The currency pair fell to a ...
November 07, 2017 10:57 AM
Brent Oil dipped to $56.16 last week, before rallying to a two-year high of $64.44 levels. The stellar rally is the result of the increased odds of th ...
November 07, 2017 10:43 AM
The Dollar-Yen pair clocked a 7-month high of 114.74 on Monday before ending the day on a weak note at 113.70 levels. Over the last two weeks, the pai ...