
FxWirePro: EUR/JPY confined to range trade ahead of Eurozone PMI data, outlook bearish
Apr 23, 2020 06:01 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading in a narrow range, with session high at 116.769 and low at 116.445. Technical studies suggest major and minor trend in the pair are bearish. Breach at major trendline...

Apr 23, 2020 05:33 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD has trimmed losses to edge higher from session lows at 0.5910 and was trading 0.38% higher on the day at 0.5969 at 05:15 GMT. Technical analysis shows recovery in the pair lacks...

FxWirePro: AUD/USD sidelined, strong Australia's preliminary trade data fails to ignite Aussie bulls
Apr 23, 2020 04:53 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View Australias trade data released at 01:30 GMT showed strong preliminary trade numbers for March. Data showed an export growth of 29% and a 10% rise in imports or inbound shipments from -5%...
Apr 22, 2020 14:59 pm UTC| Research & Analysis Central Banks Insights & Views
Singapore will extend the circuit breaker ala lockdown by four weeks to 1-June. The sensational headlines will read that Singapore has lost control of the fight on Covid-19 as the number of cases shot up 9-fold to above...

Digital Currency Series: A Glimpse At Crude Oil’s Slump And Its Correlation With Bitcoin
Apr 22, 2020 12:35 pm UTC| Research & Analysis Digital Currency
The recent WTI crude oil price has been dramatically plunging since the beginning of the year, having tumbled from $60 levels per barrel to the prevailing $11 per barrel, a decline of 80% (refer 1st chart). The price of...
FxWirePro: Is Crude Oil Prices Really Pressuring Canadian Currency? Hedging Perspectives Of CAD
Apr 22, 2020 11:45 am UTC| Research & Analysis Insights & Views
The fact that despite the renewed collapse of the oil price, the commodity-driven currency Canadian dollars losses are limited is unlikely to be seen as an entirely positive development domestically. A weaker currency...

FxWirePro: USD/JPY confined to narrow ranges, bias neutral
Apr 22, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.06% lower on the day at 107.68 at around 10:35 GMT, after closing 0.14% higher in the previous session. The pair is extending sideways below 200-DMA, bias remains...