
FxWirePro: AUD/USD pauses upbeat Retail Sales led gains at 200H MA, broader risk-off capping upside
Apr 22, 2020 02:43 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was seen edging higher after a solid rise in the Australian Preliminary Retail Sales data for March. The major was trading 0.53% higher on the day at 0.6313 at around 02:30 GMT,...
FxWirePro: Brazilian Lira Seems Edgy On BCB Rate Cut Speculation – Hedge USD/BRL Via Optionality
Apr 21, 2020 15:19 pm UTC| Research & Analysis Central Banks Insights & Views
Following its last rate meeting the Brazilian central bank did not give the impression that it was going to cut interest rates further. In March it had cut its key rate by 50bp to 3.75% and had said in its statement that...

Apr 21, 2020 12:03 pm UTC| Research & Analysis Digital Currency
In the wake of Covid-19 and the surrounding macroeconomic uncertainty, conversations are increasing around cryptocurrencies as an alternative asset class and Bitcoin as a hedging asset. By the end of the quarter, investors...

Apr 21, 2020 11:40 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.46% lower on the day at 116.34 at around 11:30 GMT. The pair hit fresh monthly lows at 116.22 before paring some losses, bias strongly bearish. JPY stays...

Apr 21, 2020 11:23 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading 0.55% higher on the day at 0.8779 at around 11:00 GMT. Price action has shown a break above 200-DMA raising scope for further upside. The shared currency buoyed...
Global Crude (WTI & Brent) Plunges To Multi-Years Lows, Spotlight On FxWirePro’s WTI Shorts
Apr 21, 2020 11:02 am UTC| Research & Analysis
Yesterday was the historic day of trading in the global crude oil market that saw the West Texas Intermediate (WTI) price (to deliver in about a weeks time) drop below zero. At one point traders were paying more than...

FxWirePro: NZD/USD fails to hold above 21-EMA, further weakness on charts
Apr 21, 2020 10:45 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View Kiwi sell-off accelerates after Dovish RBNZ comments. NZD/USD was trading 1.19% lower on the day at 0.5962 at around 10:35 GMT. RBNZ Governor Adrian Orr stated that the central bank will...