FxWirePro: Japanese yen trades marginally lower as trade balance data misses expectations
Apr 20, 2020 02:24 am UTC| Technicals
USD/JPY is currently trading around 107.78 marks. It made intraday high at 107.89 and low at 107.47 levels. Intraday bias remains slightly bullish till the time pair holds key support at 107.20 mark. A daily...
FxWirePro: EUR/KRW stabilizes above 1,320 mark, sustained close below requires for downside rally
Apr 20, 2020 02:15 am UTC| Technicals
EUR/KRW is currently trading around 1,322 mark. It made intraday high at 1,325 and low at 1,320 levels. Intraday bias remains neutral till the time pair holds key support at 1,320 mark. A sustained close...
FxWirePro: EUR/NZD reverses recent rally, bias back to downside
Apr 17, 2020 18:03 pm UTC| Technicals
EUR/NZD declined on Friday as U.S. plans to reopen economy, virus treatment hopes lifted commodity-linked New Zealand dollar. At GMT 17:59, the pair was trading down 0.83 percent at 1.8020 after reaching daily high at...
FxWirePro: GBP/NZD drops below 50% fib, favouring weakness
Apr 17, 2020 17:40 pm UTC| Technicals
GBP/NZD declined on Friday, as the pair got caught in a downdraft of selling. Bulls needed a close above key fib at 2.1298 (61.8% fib) but was roundly rejected.The pair dropped quickly and broke support at 2.0813. ...
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
Apr 17, 2020 15:03 pm UTC| Technicals
EUR/AUD fell as low as 1.7013 on Friday as the pair was weighed down on global slowdown fears. The pair failed to break resistance at 1.7230( 9 DMA ) and fell to test support at 1.6975 (23.6% fib). EUR/AUD remains...
FxWirePro: Daily Commodity Tracker - 17th April, 2020
Apr 17, 2020 13:01 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (13:00 GMT) WTI (US OIL): Major and Minor trend - Strongly bearish Oscillators: Oversold (bias lower) Bollinger Bands: Volatility Rising on Daily, Weekly and Monthly charts Intraday High/Low:...
FxWirePro: Swedish Krona hit 1-month peak on government's additional measures
Apr 17, 2020 12:48 pm UTC| Technicals
The Swedish Krona rallied to a 1-month peak supported by news that the government will spend more to boost the economy. The Swedish government will spend more than 100 billion Swedish Krona in its spring mini-budget...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned