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MarketSquawkBox is a profile maintained by experienced forex market strategist. 

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Nifty Technical Analysis: Holding 50-hour EMA
India’s Nifty 50 is trading in the red, but is defending the 50-hour EMA 10,445. The bullish hammer reversal confirmed on Friday indicates scope for a corrective rally toward 10,700-10,800 in the next few days. Buy the dips.
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Oil On Slippery Floors
Brent oil is looking south, having witnessed a bear flag breakdown on the hour chart.
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Dr. Copper Is Flexing Muscles, Eyes Break Above Dec 2017 High
Copper has gained 6.3 percent this week and looks set to close above $3.30 (July 2014 high). It would only bolster the bullish technical setup, as indicated by the inverse head-and-shoulders breakout.
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No BoE Rate Hike In 2017, Pound Tubles
Note the rejection at 161.8% Fib ext. level of 1.3274. Now we wait for a breakout bullish/bearish of the rising wedge pattern. Looks as if a bearish break is on the cards. That would mark the end of the rally from 1.20 handle.
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Sell AUD/USD On Bearish Price RSI Div
Bearish price RSI divergence on the daily chart. Sell around 0.7990.
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GBP/AUD – Keep An Eye On 1.6190-1.6180
Monthly chart – Watch for a break below or rebound from 1.6190… upside to be capped around 1.75, below 1.6190 would expose 1.5789 Oct 2016 low.
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STOCKS I FOLLOW

CHE Chemed Corporation
DPRC Data Processing Resources Corporation
GNEIX Geneva Advisors Equity Income Fund Class I
ICCI Insight Communications Inc
INSO Inso Corp
JAPSX Janus Perkins Large Cap Value S Shs
JPNOZ
MTLCX Mfs Municipal Limited Maturity Fund Class C
PBYP Play By Play Toys & Novelties Inc
RGFAX Royce Heritage Fund Service Class
RYACX Rydex Series Fds Inverse Nasdaq-100 Strategy Fd
SIOR SUPERIOR OIL & GAS C
TKF The Turkish Investment Fund Inc.
WRSBX Waddell & Reed Advisors Small Cap Fd Cl B
XNCZX Pimco Advisors Nicholas-Applegate Convertible &
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