News and Events | Savi Trading

Equities slide

January 31, 2014 We have also seen equities continue pushing lower with the Dax, FTSE and the Dow leading the slide. We currently short the dax and the nasdaq, the dax has been a good trade for us today but the nasdaq seems to be lagging and has been giving us a squeaky bum. We are also short… View Article

Euro bunds and Gilts continue to push higher as risk off sentiment takes hold.

January 31, 2014 As mentioned yesterday. We have seen gilt reach and break the 110.45, however that price has been rejected and gilts have withdrawn to 110.30. we have now taken profit on that trade and we continue to watch that level. We now look for the EMAs to hold and for price to bounce from there if… View Article

USDCAD hits first take profit at 50% Fib

January 31, 2014 Further to our post yesterday. We were looking for USDCAD to get to 1.1223, the 50% Fib level of the move down from 1.3060 March 2009 high, to the 0.9410 July 2011 low, we have taken some profits on our long position as it has hit the level today. We have found some initial resistance there,… View Article

EURUSD to take next leg lower down to 1.3300 next week

January 31, 2014 The Euro looks pretty weak at the moment and we are looking for a move to the downside as markets start to prepare for the ECB meeting next week. Some analysts are thinking that there could be a rate cut next week by the ECB on the back of the latest inflation data today, where… View Article

Emerging Markets woes providing opportunities in Gold

January 30, 2014 I’m looking to go long gold on concern that a rout in emerging-market assets may deepen, fuelling demand for gold as a haven as the U.S. Federal Reserve further reduced the pace of asset purchases. Our in-house Algo Trend Analysis model is confirming this bullish view on Gold. On the daily chart for Gold the… View Article

Fixed Incomes pushing higher

January 30, 2014 Eurbunds have been in an uptrend for the past month. The recent move up in f.i has coincided with a failure of equities to push higher and some of them actually selling off. I think equities are overbought across the board and we are going to see a push lower in equities as a result… View Article

Post FOMC, I like USDJPY to trade higher.

January 30, 2014 USDJPY: 102.62/63: Still looking to buy. I feel the recent move down is a bit overdone. The GDP reading today helped increase confidence that the US economy is certainly on the mend, pointing to increased yield differentials over the coming years. Looking on the short term charts, I am comfortable to install a long position… View Article

USDCAD continues its ascent as the Fed doesn’t disappoint.

January 30, 2014 After yesterday’s FOMC 1900 GMT, the dollar has continued to push higher giving us a continued reason to be long USDCAD. One of the trades we have been focusing on since the start of the year has been to buy USDCAD. This is a pair that has started trending very well since the start… View Article

We have posted the correlation matrix 30/01/2014

January 30, 2014 We have designed our in house algorithm designed to indicate the correlation of financial assets and indicate any trade set ups. Correlation matrix.

We have posted the SAVI Daily Trend Analysis 30/01/2014

January 30, 2014 We have designed our in house algorithm designed to indicate the longer term trend of financial assets and indicate any reversal in trends. SAVI Trending analysis