The West Texas Intermediate Crude Oil market has fallen apart during the trading session on Tuesday after a historic day on Monday with the May contract printing a negative level.
Blogs
CHF/JPY: Can Support Zone Ignite a Short-Covering Rally? – 21 April 2020
Safe-haven assets are in strong demand, as evidenced by Singapore’s 242.5% surge in gold exports for March.
USD/JPY Technical Analysis: A Bearish Stability Awaiting Any Developments – 21 April 2020
For four consecutive trading sessions, the USD/JPY pair is moving in a limited range between 106.92 and 108.08 levels, and at the time of writing.
USD/ZAR: Resistance Zone Favored to Initiate Profit-Taking – 21 April 2020
South African cabinet ministers resumed their meeting to craft a way forward once the Covid-19 related lockdown is lifted.
Gold Technical Analysis: Amid a New Bullish Momentum – 21 April 2020
At the beginning of this week’s trading, the price of gold continued its downward correction to the $1671 support.
GBP/USD Technical Analysis: Anticipation of British Job Numbers – 21 April 2020
Prior to the announcement of job and wage numbers in Britain, the GBP/USD pair stabilizes lower around the 1.2388 support.
USD/INR: Will Price Action Enter a Corrective Phase? – 21 April 2020
India could enter its first annualized recession in forty years, due to the extended lockdown measures in response to the global Covid-19 pandemic.
AUD/SGD: Rejection Expected to Result in More Massive Sell-Off – 21 April 2020
Singapore reported a 17.6% rise in March non-crude exports on the back of a 242.5% surge in gold shipments and a 48.6 advance in pharmaceuticals
EUR/USD Technical Analysis: The Dollar is Still the Strongest – 21 April 2020
The single European currency, the Euro, has received little support ending the recent sharp decline against most other major currencies.