
FxWirePro: NZD/USD extends bull run to test fresh 3-month high, focus on NFP for further impetus
Jun 05, 2020 05:58 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD is extending bull run, has hit fresh 3-month high at 0.6492, momentum with the bulls. The pair has gained a whopping 4.51% for the week as price action extends 200-DMA...

FxWirePro: Copper resumes upside after brief pause at 110-EMA, eyes 2.535 (61.8% Fib)
Jun 05, 2020 05:40 am UTC| Technicals Investing
Copper has resumed upside after a brief pause as the pair holds above 110-EMA. The pair was trading 0.58% higher on the day at 2.499 at around 05:30 GMT. Price action has held above 110-EMA support and bounce higher...

FxWirePro: Daily Commodity Tracker - 5th June, 2020
Jun 05, 2020 05:30 am UTC| Technicals
Daily Commodity Tracker WTI (US OIL): Daily trend - Neutral, 110-EMA offers strong support Overbought/ Oversold index: Oscillators are at overbought, scope for rollback Volatility: High on the daily chart; low...

FxWirePro: Gold trades flat, markets eye US NFP data
Jun 05, 2020 04:58 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1717.25 Kijun-Sen- $1718.07 Gold showed minor recovery till $1721.85 on a weak US dollar. But strength in the global stock market is putting pressure at...

FxWirePro: USD/JPY marginally higher ahead of key NFP data, techs support upside
Jun 05, 2020 04:34 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading marginally higher at 109.18 at around 04:10 GMT, caution prevails ahead of crucial NFP data. Initial Jobless Claims on Thursday was higher at 1877K vs. the 1843K...

FxWirePro :EUR/NZD consolidates at above 1.7500 after early fall, good to sell on rallies
Jun 04, 2020 18:41 pm UTC| Technicals
EUR/NZD recovered some ground on Thursday as a another shot of stimulus by ECB boosted euro across the board. EUR/NZD climbs above 1.7500 and holds near the days high in late US session. The pairs rebound has topped at...

FxWirePro: GBP/AUD hits 8-month low, downside risk remains
Jun 04, 2020 15:20 pm UTC| Technicals
GBP/AUD declined on Thursday as Brexit-related risks, speculation about negative rates continued to weigh on British pound. The cross pair has continued to decline, breaking below the 1.8100 level, the lower end of the...