FxWirePro: Copper tests 21-EMA support, break below to see more weakness
Apr 15, 2020 09:27 am UTC| Technicals Research & Analysis
Copper chart - Trading View Copper extends retreat from 4-week highs at 2.350, bias is turning slightly bearish. The pair was trading 1.68% lower on the day at 2.288 at around 09:15 GMT after closing 0.32% higher in...
Blockchain Revolution Series: dDorce Fetches 1.5mln In Fundraising To Chinese DeFi Platform
Apr 15, 2020 08:26 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
dForce, which is one of Chinese largest decentralized finance (DeFi) platforms has managed to complete a $1.5 million seed round led by Huobi Capital, Multicoin Capital and CMB International (CMBI). The dForce foundation...
FxWirePro: Yen Skews And Risk Reversal Setup – Hedge USD/JPY Via Debit Put Spread
Apr 15, 2020 07:42 am UTC| Research & Analysis
Japanese Yenoutperforms in risk-off mood; while BoJ doesnt cut, doubles asset purchases. The temptation is to be long the USDJPYfor now. But with implied vols still elevated and risk reversals heavily favouring USD puts,...
Apr 15, 2020 06:31 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY has ignored the Spinning Top formation on Mondays candle, has resumed weakness. The pair was trading 0.34% lower on the day at 117.31 at 06:20 GMT, bias strongly bearish. Price...
FxWirePro: NZD/USD retreats from 4-week high, slips below 5-DMA, scope for further downside
Apr 15, 2020 06:13 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading 0.92% lower on the day at 0.6049 at around 06:00 GMT. The pair retreats from 4-week high, breaks below 5-DMA, scope for further downside. US dollar is seen...
FxWirePro: AUD/USD pauses 7-day winning streak, dismal consumer confidence data dents Aussie
Apr 15, 2020 04:55 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD has paused a 7-day winning streak and was trading 0.59% lower at 0.6404 at around 04:30 GMT. The antipodean was dented after data released earlier today showed Australias consumer...
Apr 14, 2020 14:05 pm UTC| Research & Analysis Digital Currency
The pioneer cryptocurrency, bitcoin has encompassed consolidation phase after 2019s bearish phase, now it has bounced back from the lows $3,800 levels to $7k mark, although it couldnt sustain that level, while India...