Apr 21, 2020 11:40 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.46% lower on the day at 116.34 at around 11:30 GMT. The pair hit fresh monthly lows at 116.22 before paring some losses, bias strongly bearish. JPY stays...
Apr 21, 2020 11:23 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading 0.55% higher on the day at 0.8779 at around 11:00 GMT. Price action has shown a break above 200-DMA raising scope for further upside. The shared currency buoyed...
Global Crude (WTI & Brent) Plunges To Multi-Years Lows, Spotlight On FxWirePro’s WTI Shorts
Apr 21, 2020 11:02 am UTC| Research & Analysis
Yesterday was the historic day of trading in the global crude oil market that saw the West Texas Intermediate (WTI) price (to deliver in about a weeks time) drop below zero. At one point traders were paying more than...
FxWirePro: NZD/USD fails to hold above 21-EMA, further weakness on charts
Apr 21, 2020 10:45 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View Kiwi sell-off accelerates after Dovish RBNZ comments. NZD/USD was trading 1.19% lower on the day at 0.5962 at around 10:35 GMT. RBNZ Governor Adrian Orr stated that the central bank will...
Apr 21, 2020 09:07 am UTC| Research & Analysis Central Banks Insights & Views
Bearish GBPJPY Scenarios: 1) The UK-EU fail to agree on a trade deal and the UK exits the transition period on WTO terms (GBPUSD to 1.20, potentially 1.10). 2) The economic lockdown is extended into June, delaying...
Apr 21, 2020 07:36 am UTC| Research & Analysis Digital Currency
Of late, we have witnessed constructive developments in the cryptocurrency derivatives market, CME has come up with the Bitcoin futures which are cash settled and options marketplace. Various OTC players like Binance,...
FxWirePro: AUD/USD Daily Outlook
Apr 21, 2020 07:15 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD fails at 55-EMA resistance, extends weakness for the 2nd straight session. The pair is set to extend weakness as bulls unable to break stiff resistance at 55-EMA and daily...