Advanced data for crude oil futures markets from CME Group noted open interest shrunk by nearly 1.5K contracts at the end of last week. In the same li
Blogs
FX Update – April 6 – Risk reappears to start the week
<h3>USDCAD, H1</h3> <p>Commodity currencies have rallied out of early weakness as a risk-on theme took hold in markets, with Asian stock markets and European equity markets rallying on tentative signs in some locked-down countries that the coronavirus spread is being pushed from an exponential rate towards a linear rate, and with
Using Japanese Candlestick Patterns with Harmonic Pattern Plus
<p>Using Japanese Candlestick Patterns with Harmonic Pattern Plus</p> <p>Harmonic Pattern Plus is the powerful harmonic pattern trading system with highly engineered functionality. Properly used, this tool can yield excellent trading results. One of the trading system built inside Harmonic Pattern Plus is Japanese candlestick patt
(06 April 2020)DAILY MARKET BRIEF 2:German factory orders fall less-than-expected.
<p>In the currency markets, the shock on US jobs figures fueled USD purchases on Friday, but the greenback is softer on a slightly improved risk appetite this morning.</p> <p>The EURUSD traded a touch above the 1.08 handle. The latest CFTC data showed that the net speculative net positions in euro doubled up over the past [&hellip
(06 April 2020)DAILY MARKET BRIEF 1:Oil falls as Saudi, Russia postpone meeting
<p>Asian equities kicked off the week on a positive note. Stocks in Sydney jumped past 4%, Nikkei gained 2.37% and the Hang Seng added 1.11%. Chinese and Indian markets were closed due to holiday.</p> <p>The three major US stock indices surged circa 3.30% after closing 1.50% lower on Friday following the gory employment figures th
The Investment Bank Outlook 06-04-2020
<p>In our Investment Bank Outlook each week, we bring you a selection of perspectives from leading investment banks to outline the key issues and directional views for the week ahead. These excerpts, taken from research notes, will cover issues such as key market themes, economic releases, as well as any major trends and levels to […]
Chart of the Day NZDUSD
<h2><span>Chart of the Day NZDUSD</span></h2> <p><strong>NZDUSD – Further corrective upside</strong></p> <p><span>The rapid spread of COVID-19 around the world remains foremost on the mind for investors and with lockdowns around the world being extended, the economic impact is gettin
Singapore’s MAS Brings Forward FX Intervention Data Release
The regulator will make the data available on the 9th of April, 2020.
Adult Industry Crypto Transactions Are Up in COVID-19 Quarantine
Crypto payment processor CoinGate reported an increase in adult industry-related crypto transactions.