FxWirePro: AUD/CAD rangebound, upside intact as long as support at 200-DMA holds
Nov 30, 2018 12:34 pm UTC| Technicals Research & Analysis
AUD/CAD chart on Trading View used for analysis AUD/CAD trades rangebound on the day, markets await Canada GDP data. Price action is pausing upside after 5 consecutive sessions of gains. Technical...
FxWirePro: Bid USD/CAD OTC tools and devise 1m/3m call spreads
Nov 30, 2018 11:48 am UTC| Research & Analysis
We have revised our CAD forecasts weaker in light of a more hostile trade policy environment, which may last through US mid-terms, and some supply- bottleneck renewed downside risk in crude prices. We expect USDCAD to...
FxWirePro: Activate USD longs vs JPY via cash and NZD optionality
Nov 30, 2018 11:28 am UTC| Research & Analysis
The market overreacted when it heard the comments by Fed chair Jay Powell which means that the US dollar weakness is unjustified, is what many experts are claiming right now. After all Powell did not provide any new...
FxWirePro: CAD/CHF recovery capped at daily cloud, intraday bias lower
Nov 30, 2018 11:02 am UTC| Technicals Research & Analysis
CAD/CHF chart on Trading View used for analysis CAD/CHF is extending weakness on the day after minor recovery attempts on Thursday were capped at daily cloud. The pair trades with a bearish bias on the intraday...
Nov 30, 2018 09:41 am UTC| Technicals Research & Analysis
NZD/CAD chart on Trading View used for analysis FxWirePro Currency Strength Index for NZD/CAD: Bias Bullish FxWirePros Hourly NZD Spot Index was at 62.7399 (Neutral) FxWirePros Hourly CAD Spot Index was at -128.663...
Nov 30, 2018 09:38 am UTC| Research & Analysis
Bearish AUDNZD scenarios: Foresee below 1.0333 given: 1) The unemployment rate moves back towards 5.75%, raising the spectre of RBA rate cuts; 2) The Fed responds to firm labour market outcomes and above trend...
FxWirePro: EUR/JPY consolidates 'Symmetric Triangle' breakout, eyes 200-DMA at 129.81
Nov 30, 2018 08:50 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis EUR/JPY hovers around 129 handle, down 0.16% on the day at the time of writing. The single currency under pressure ahead of Eurozone inflation data. Earlier...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects