
FxWirePro: Copper holds 200-DMA support, weakness only on break below
Jun 16, 2020 06:34 am UTC| Technicals
Copper chart - Trading View Copper was trading 1.04% higher on the day at 2.61 at around 06:30 GMT. The pair is extending sideways grind along 200-DMA support. Bias still bullish. Break below 200-DMA will open...

Jun 16, 2020 05:09 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1707.67 Kijun-Sen- $1717.84 Gold has recovered sharply from low of $1704 and jumped till $1732.90 on a weak US dollar. The risk aversion due to fear of the...

FxWirePro: GBP/AUD reverses recent rally, bias back to downside
Jun 15, 2020 21:04 pm UTC| Technicals
GBP/AUD declined on Monday as Brexit concern and fears of a second wave of coronavirus hit British pound. The pair is testing support at 1.8186 (23.6 % fib ). A break under 1.8186 would unmask 1.8000 Psychological...

FxWirePro: EUR/AUD drops below 1.6400 as bullish signals weaken
Jun 15, 2020 18:29 pm UTC| Technicals
EUR/AUD initially gained on Monday but reversed course to trade lower on the day, as gains faded as risk-off sentiment intensified . The pair is heading into the US afternoon ,down 0.02 percent at 1.6384. Break below...

FxWirePro: Major pair levels and bias summary
Jun 15, 2020 14:34 pm UTC| Technicals
Major pair levels and bias...

FxWirePro: USD/TRY drifts towards 3-1/2 week peak, likely to break above 6.8500
Jun 15, 2020 12:05 pm UTC| Technicals
The Turkish Lira rose, hovering towards a 3-1/2 week trough recorded last week as the greenback surged against a basket of currencies. The dollar index rallied as the risk-averse sentiment which dominated overnight...

FxWirePro: USD/DKK hovers towards 1-1/2 week peak, likely to test 6.6600
Jun 15, 2020 10:57 am UTC| Technicals
The Danish Krone declined, extending losses for the third straight session, as the greenback rallied across the board. However, the Danish Krones downside appears limited as Denmark announced a string of initiatives...