FxWirePro: Copper extends weakness for the 3rd straight session, dip till 2.162 likely
Apr 22, 2020 07:17 am UTC| Technicals Research & Analysis
Copper chart - Trading View Copper is extending weakness for the 3rd straight session, bias has turned bearish. The pair was trading 1.04% lower on the day at 2.223 at around 07:10 GMT after closing 2.475 lower in...
Apr 22, 2020 06:58 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading 0.37% higher on the day at 0.5984 at around 06:45 GMT, downside pressure remains. The major slumped overnight after the RBNZ Governor Adrian Orr cited the odds of...
FxWirePro: EUR/GBP consolidates break above 200-DMA, scope for further upside
Apr 22, 2020 06:29 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading in an extremely narrow range in the early Asian session today. The pair made a session high of 0.8836 and a low of 0.8811 as price action was seen consolidating...
FxWirePro: AUD/JPY Daily Outlook
Apr 22, 2020 03:36 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 0.52% higher on the day at 68.04 at around 03:00 GMT, slightly lower from session highs at 68.47. The pair was buoyed earlier by upbeat Australias preliminary retail...
FxWirePro: AUD/USD pauses upbeat Retail Sales led gains at 200H MA, broader risk-off capping upside
Apr 22, 2020 02:43 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was seen edging higher after a solid rise in the Australian Preliminary Retail Sales data for March. The major was trading 0.53% higher on the day at 0.6313 at around 02:30 GMT,...
FxWirePro: Brazilian Lira Seems Edgy On BCB Rate Cut Speculation – Hedge USD/BRL Via Optionality
Apr 21, 2020 15:19 pm UTC| Research & Analysis Central Banks Insights & Views
Following its last rate meeting the Brazilian central bank did not give the impression that it was going to cut interest rates further. In March it had cut its key rate by 50bp to 3.75% and had said in its statement that...
Apr 21, 2020 12:03 pm UTC| Research & Analysis Digital Currency
In the wake of Covid-19 and the surrounding macroeconomic uncertainty, conversations are increasing around cryptocurrencies as an alternative asset class and Bitcoin as a hedging asset. By the end of the quarter, investors...