Apr 24, 2020 10:55 am UTC| Research & Analysis Insights & Views Central Banks
The IHS Markit Eurozone Manufacturing PMI fell to 33.6 in April of 2020 from 44.5 in March and below market expectations of 39.2, preliminary estimates showed. Figures pointed to the biggest drop in factory activity since...
FxWirePro: AUD/CHF breaks above 55-EMA and daily cloud, outlook shifts to bullish
Apr 24, 2020 10:26 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF was consolidating previous sessions gains, trades largely rangebound on the day. Price action has shown a decisive breakout at 55-EMA and daily cloud raising scope for...
FxWirePro: EUR/CHF slips below 61.8% Fib, risks skewed to the downside
Apr 24, 2020 10:09 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF was trading rangebound on the day with session high at 1.0523 and low at 1.0512. The pair is extending sideways for the 7th straight session as bears struggle to extend weakness...
FxWirePro: USD/JPY trades directionless below 21-EMA, likely to extend sideways grind
Apr 24, 2020 09:54 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was extending trade in familiar ranges, technical bias remains neutral. The pair was trading at 107.66 at around 09:40 GMT, with session high at 107.76 and low at...
FxWirePro: NZD/USD struggles at daily cloud, outlook neutral
Apr 24, 2020 09:35 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading 0.05% lower on the day at 0.6003 at around 09:30 GMT, bias remains neutral. Chinas MLF operation fails to lift the antipodeans. The Peoples Bank of China (PBOC)...
FxWirePro: AUD/USD Daily Outlook
Apr 24, 2020 09:27 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading largely muted at 0.6366 at around 09:15 GMT, with session high at 0.6381 and low at 0.6337. Price action hovers around 55-EMA and decisive break above will confirm...
FxWirePro: EUR/JPY slips below 116 handle, more weakness on charts
Apr 24, 2020 09:15 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.11% lower on the day at 115.80 at around 09:00 GMT. The pair has slipped below crucial 116 handle, scope for further weakness on charts. The EU Summit failed to...