FxWirePro: USD/TRY hits 1-1/2 year peak above 6.900 as coronavirus outbreak hits Turkey's budget
Apr 16, 2020 10:44 am UTC| Technicals
The Turkish Lira slumped to a fresh 1-1/2 year low as the coronavirus fallout hit the governments budget. Turkeys economy is facing a second recession in less than two years due to the COVID-19 pandemic, after having...
FxWirePro: AUD/JPY consolidates previous session's slump, break below 21-EMA to see further weakness
Apr 16, 2020 10:36 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY consolidates previous sessions slump as markets await China Q1 GDP data. The pair was trading largely rangebound on the day after closing 1.77% lower in the previous...
Apr 16, 2020 09:55 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP is extending range trade for the 3rd straight session, bias remains neutral to slightly bullish. The pair was trading at 0.8712 at around 09:45 GMT, with session highs at 0.8727...
FxWirePro: Silver remains well supported above $15.27 mark, U.S. ADP job data in focus
Apr 16, 2020 09:39 am UTC| Technicals
XAG/USD is currently trading around $15.45 marks. It made intraday high at $15.55 and low at $15.30 levels. Intraday bias remains bullish till the time pair holds key support at $15.27 mark. A daily close...
FxWirePro: USD/ZAR takes halt around 18.80 mark, short term trend reversal likely
Apr 16, 2020 09:31 am UTC| Technicals
USD/ZAR is currently trading around 18.65 levels. It made intraday high at 18.72 and low at 18.56 levels. Intraday bias remains neutral till the time pair holds key resistance at 18.68 mark. A daily close...
FxWirePro: USD/DKK near 1-week peak, outlook bullish
Apr 16, 2020 09:26 am UTC| Technicals
The Danish Krone plunged, hovering towards a near 1-week trough hit in the prior session. On Wednesday, the pair rose as high as 6.8743 but found strong resistance around 6.8745 (trendline 7.0236 and 6.9337) to close...
FxWirePro: USD/JPY eases back below 108 handle, focus on US Jobless Claims for further impetus
Apr 16, 2020 08:35 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.35% higher on the day at 107.78 at around 08:20 GMT. The pair has edged lower from session highs at 108.08, finds stiff resistance at 21-EMA at 108.18. The major...
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