
Apr 24, 2020 12:45 pm UTC| Research & Analysis Insights & Views
For XAU/USD, the filtering tool managed to cut by 50% the 50% drawdown experienced (refer 1stchart) by the strategy as spot dropped by 12% and short-dated vol quadrupled in just a few weeks, as market bottomed around the...

FxWirePro: EUR/GBP pauses declines at 110-EMA, break below cloud keeps downside pressure
Apr 24, 2020 11:44 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading unchanged at 0.8728 at around 11:30 GMT, after hitting session high at 0.8748 and low at 0.8712. The pair has paused 2 straight sessions of declines at 110-EMA, scope...
Apr 24, 2020 11:38 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
The prevailing Covid-19 apprehensions re-intensify significantly, leading to multiple waves of infections rises in case numbers; As Covid-19 started to invoke fears of a dollar liquidity crunch, gold and bitcoin like...

Apr 24, 2020 10:55 am UTC| Research & Analysis Insights & Views Central Banks
The IHS Markit Eurozone Manufacturing PMI fell to 33.6 in April of 2020 from 44.5 in March and below market expectations of 39.2, preliminary estimates showed. Figures pointed to the biggest drop in factory activity since...

FxWirePro: AUD/CHF breaks above 55-EMA and daily cloud, outlook shifts to bullish
Apr 24, 2020 10:26 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF was consolidating previous sessions gains, trades largely rangebound on the day. Price action has shown a decisive breakout at 55-EMA and daily cloud raising scope for...

FxWirePro: EUR/CHF slips below 61.8% Fib, risks skewed to the downside
Apr 24, 2020 10:09 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF was trading rangebound on the day with session high at 1.0523 and low at 1.0512. The pair is extending sideways for the 7th straight session as bears struggle to extend weakness...

FxWirePro: USD/JPY trades directionless below 21-EMA, likely to extend sideways grind
Apr 24, 2020 09:54 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was extending trade in familiar ranges, technical bias remains neutral. The pair was trading at 107.66 at around 09:40 GMT, with session high at 107.76 and low at...