
FxWirePro: AUD/CHF poised for minor correction, break below 200H MA to confirm weakness
Apr 15, 2020 11:42 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF was trading 1.22% lower on the day at 0.6110 at around 11:25 GMT after Spinning Top formation on the previous days candle. After gaining over 16% from 2020 lows at 0.5341, the...

Apr 15, 2020 11:28 am UTC| Research & Analysis Insights & Views
The price of precious yellow metal (in the bullion market) gains considerably from the last couple of days, currently, exhausted at $1,747 and oscillating between $1,700 and $1,728 levels. Multi-week slowdowns in...

FxWirePro: USD/JPY extends marginal gains ahead of key U.S. data, bias remains bearish
Apr 15, 2020 09:53 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY is extending marginal gains on the day, snapping a 4-day bear run, bias remains bearish. USD recovering some lost ground following Tuesdays sharp sell-off, holds above daily cloud...

FxWirePro: Copper tests 21-EMA support, break below to see more weakness
Apr 15, 2020 09:27 am UTC| Technicals Research & Analysis
Copper chart - Trading View Copper extends retreat from 4-week highs at 2.350, bias is turning slightly bearish. The pair was trading 1.68% lower on the day at 2.288 at around 09:15 GMT after closing 0.32% higher in...
Blockchain Revolution Series: dDorce Fetches 1.5mln In Fundraising To Chinese DeFi Platform
Apr 15, 2020 08:26 am UTC| Research & Analysis Digital Currency Insights & Views Commentary
dForce, which is one of Chinese largest decentralized finance (DeFi) platforms has managed to complete a $1.5 million seed round led by Huobi Capital, Multicoin Capital and CMB International (CMBI). The dForce foundation...

FxWirePro: Yen Skews And Risk Reversal Setup – Hedge USD/JPY Via Debit Put Spread
Apr 15, 2020 07:42 am UTC| Research & Analysis
Japanese Yenoutperforms in risk-off mood; while BoJ doesnt cut, doubles asset purchases. The temptation is to be long the USDJPYfor now. But with implied vols still elevated and risk reversals heavily favouring USD puts,...

Apr 15, 2020 06:31 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY has ignored the Spinning Top formation on Mondays candle, has resumed weakness. The pair was trading 0.34% lower on the day at 117.31 at 06:20 GMT, bias strongly bearish. Price...