
FxWirePro: Sell GBPJPY on rallies
Jun 18, 2020 08:50 am UTC| Technicals
Ichimoku Analysis (4-Hours chart) Tenken-Sen- 134.44 Kijun-Sen- 134.92 GBPJPY continues to trade to lower for 3rd consecutive days on strong yen. The increase in the number of new coronavirus cases has...

FxWirePro: EUR/JPY finds strong support at 200-DMA, further weakness only on break below
Jun 18, 2020 08:14 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY has erased losses and edged higher from session lows at 119.82. The pair was trading largely unchanged on the day at 120.25 at around 08:00 GMT, bias bearish. Price action is...

FxWirePro: Cable’s Interim Bulls Exhausted On Shooting Star & Hanging Man – Trade & Hedging Setup
Jun 18, 2020 07:13 am UTC| Technicals
Cable (GBPUSD) is plunged from the peaks of 1.2813 to the recent lows of 1.2454 levels. The intraday volatility is tepid and, prices seem to be drifting into a range after pulling back from 1.2813 Fibonacci resistance, and...

FxWirePro: AUD/USD depressed after downbeat Australia jobs report, bias bearish
Jun 18, 2020 06:20 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.23% lower on the day at 0.6868 at around 06:05 GMT, bias bearish. Aussie depressed after Australias May month employment data flashed sluggish reports during the...

FxWirePro: Gold trades flat, major move only above $1745
Jun 18, 2020 05:10 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1707 Kijun-Sen- $1718 Gold trades flat between $1679 and $1745 for the past ten days. The increase in risk aversion due to the second wave of coronavirus...

FxWirePro: USD/JPY trades below 107 handle on renewed coronavirus fears and geopolitical tensions
Jun 18, 2020 03:46 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY prints lows below 107 handle amid renewed coronavirus fears and geopolitical tensions. The major was trading at 106.91 at around 03:30 GMT, edging higher from session lows at...

FxWirePro:GBP/NZD changes short term trend from neutral to bearish
Jun 17, 2020 19:39 pm UTC| Technicals
GBP/ NZD trickled lower on Wednesday as concerns on 2nd virus wave and rising geopolitical tensions added to negative mood. GBP/ NZD remains vulnerable, only a close back above 1.9614 ( 50% fib), could upset the...