FxWirePro: AUD/JPY finds stiff resistance at 21-EMA at 66.48, good to short upticks
Apr 06, 2020 08:37 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 1.63% higher on the day at 66.025 at around 08:20 GMT after closing 0.55% lower in the previous session. The pair has broken above 5-DMA and is consolidating break...
Apr 06, 2020 07:22 am UTC| Research & Analysis Digital Currency Insights & Views
Bitcoin (BTCUSDat Coinbase) price has been stabilized and regained the buying sentiments amid the struggle of the financial markets due to pandemic outbreak. The price of bitcoin has now reclaimed $7,000...
FxWirePro: AUD/USD capped at 5-DMA, recession fears and weaker oil prices weigh on the Aussie
Apr 06, 2020 06:04 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading 0.27% lower at 0.6007 at around 04:50 GMT, lower from session highs at 0.6049. The pair is extending declines for the 5th straight session, Aussie tracking the decline...
Apr 06, 2020 04:21 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View The Japanese yen remains on the back-foot amid a likely state of emergency in Japan as COVID-19 cases spike. USD/JPY rises 0.53% on the day to briefly flirt with 109.00 handle, erases...
FxWirePro: A Glimpse At ZAR’s RV And Delta-Hedge Trades On Looming South African Debt Crisis
Apr 03, 2020 13:47 pm UTC| Research & Analysis Economy
Due to global recession fears and rising risk aversion yesterday brought a further sell-out for many EM currencies. The rand was amongst the biggest losers over the past days and reached new lows against USD and EUR. This...
FxWirePro: Spotlight On USD Implied Correlations
Apr 03, 2020 13:23 pm UTC| Research & Analysis
One thing which stuns in the FX space is the lack of repricing of USD-implied correlations, at a time when all risk measures are spiking and measures of Equity-implied correlations reached all-time highs in...
FxWirePro: Wait Amid Covid-19 Threats Or Asian EM Carry Trades Via Put Spreads
Apr 03, 2020 12:24 pm UTC| Research & Analysis
The wide dislocations as observed in the market might also imply an elevated reward for embracing long-risk trades. Possibly, keeping in mind the liquidity issue in vol space as mentioned above, one takeaway from the...