FxWirePro: USD/CNH OTC outlook, option strategy amid latest development of US-China trade deal
Dec 03, 2018 13:12 pm UTC| Research & Analysis
A momentary ceasefire of the trade war after China and the US reached a trade deal over the weekend. The deal means both sides will not impose any new tariff for the time being. Additionally, Washington has agreed not to...
FxWirePro: Snapshot on UK PMIs - Deploy tactical GBP longs versus EUR via options
Dec 03, 2018 12:41 pm UTC| Research & Analysis
The UKs manufacturing PMI moved away from Octobers 27-month low of 51.1 to reach 53.1 in November. The outturn beat not only consensus expectations of a rise to 51.7, but also our more optimistic forecast of a 52.0...

FxWirePro: NZD/JPY finds stiff resistance at 200W SMA, stay long on break above
Dec 03, 2018 12:17 pm UTC| Technicals Research & Analysis
NZD/JPY chart on Trading View used for analysis NZD/JPY opened with a gap-up on Mondays trade after US-China trade truce boosts the demand for the riskier currencies. The pair has paused shy of major resistance...
Lingering optimism of BTC ETFs approval amid SEC' stringent regulation in ICOs and bearish streaks
Dec 03, 2018 11:51 am UTC| Research & Analysis Digital Currency
The U.S. Securities and Exchange Commission (SEC) postponed deciding on whether to approve Bitcoin-related exchange-traded funds (ETFs), public documents divulge. While SECs Jay Clayton doesnt seem to be buzzing green...

Dec 03, 2018 10:59 am UTC| Technicals Research & Analysis
NZD/CAD chart on Trading View used for analysis NZD/CAD has slipped lower from fresh 5-month highs at 0.9162. The pair is currently trading at 0.9118, down 0.23% on the day. Price action has broken above...

Dec 03, 2018 09:56 am UTC| Technicals Research & Analysis
NZD/CHF chart on Trading View used for analysis FxWirePro Currency Strength Index for NZD/CHF: Bias Bullish FxWirePros Hourly NZD Spot Index was at 130.128 (Bullish) FxWirePros Hourly CHF Spot Index was at -96.6255...

Dec 03, 2018 09:53 am UTC| Research & Analysis
Ahead of BoCs monetary policy that is scheduled for this week, USDCAD uptrend remains intact, simultaneously, short-term trend signals intensified selling pressures as the current price slid below 21-DMA levels. Canadian...