FxWirePro: NZD/USD marginally higher in the Asian session, recovery lacks traction
Apr 02, 2020 06:19 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading marginally higher in the Asian session, recovery lacks traction. The pair has paused three straight sessions of downside, but bias remains bearish. The sentiment...
FxWirePro: AUD/USD fails at 21-EMA resistance, focus on U.S. jobs data for further impetus
Apr 02, 2020 04:31 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading marginally higher at 0.6082 at around 04:20 GMT, bias is turning bearish. Earlier today, Australias Q1 NAB Business Confidence and Business Conditions flashed...
FxWirePro: Intricacies Of Crude Oil Inventories And Hedging Strategies
Apr 01, 2020 13:38 pm UTC| Research & Analysis Insights & Views
Many commodities strategists estimate that with no other countries added to the lockdown list, 14% of global oil consumption could be wiped out in April. If the rest of the world were to institute a complete lockdown, this...
Digital Currency Revolution Series: Pandemic Draws Philanthropists Through Cryptocurrencies
Apr 01, 2020 13:02 pm UTC| Research & Analysis Digital Currency Insights & Views
The non-profit crypto payment platform, Giving Block has launched apromotion, in the recent past, raising voice for the cryptocurrency charities combating the deadly contagious coronavirus. After a successful...
FxWirePro: Daily Commodity Tracker - 1st April, 2020
Apr 01, 2020 12:05 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major and minor trend - Strongly bearish Oscillators: Oversold (no sign of reversal) Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly...
FxWirePro: WTI Crude Halts At 18-Years Lows Upon Contraction In Global Demand
Apr 01, 2020 11:39 am UTC| Research & Analysis Insights & Views
WTI crudeprice has tumbled to $19.29 levels which is 18-years lows, from the last couple of days the energy commodity has been oscillating around this price level. Technically, crudes price consolidation looks...
FxWirePro: EUR/CHF resumes weakness after failure at 50-DMA, bias bearish
Apr 01, 2020 11:30 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF was trading 0.31% lower on the day at 1.0565 at around 11:15 GMT, bias is bearish. The single currency remains depressed on worsening coronavirus situation. Euro dented further...