
FxWirePro: USD/TRY near 4-week peak, outlook remains bullish
Jun 17, 2020 11:55 am UTC| Technicals
The Turkish Lira plunged, drifting towards a 4-week trough recorded earlier in the week as the greenback surged against a basket of currencies. The dollar index gained as a record increase in U.S. retail sales in May...

FxWirePro: Norwegian Krone gains ahead of Norges Bank policy decision
Jun 17, 2020 10:58 am UTC| Technicals
The Norwegian Krone nudged up as investors awaited Norway central bank interest rate decision due tomorrow. The Norges Bank cut its benchmark interest rate by 25 bps to a record low of 0 percent on May 7th 2020, its...

FxWirePro: EURUSD trades lower amid fear of Coronavirus, good to sell on rallies
Jun 17, 2020 10:04 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 1.12725 Kijun-Sen- 1.12907 EURUSD continues to trade lower after a minor recovery till 1.12939. The outbreak of the second wave of coronavirus in the U.S...

FxWirePro: EUR/JPY set to resume weakness, break below 21-EMA to plummet prices
Jun 17, 2020 10:02 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY slips lower for the second straight session, upside in the pair capped below Tenkan Sen. The major was trading 0.14% lower on the day at 120.69 at around 09:30 GMT, bias strongly...

FxWirePro: USD/DKK hovers towards 1-week peak, major resistance at 21-EMA
Jun 17, 2020 09:56 am UTC| Technicals
The Danish Krone eased, extending previous session losses as the dollar steadied across the board. The greenback surged after data showed U.S. retail sales rose by a record 17.7 percent in May, recovering more than...

FxWirePro: USDCHF Daily Outlook
Jun 17, 2020 09:34 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.94932 Kijun-Sen- 0.94648 USDCHF is trading flat between 0.95530 and 0.94635 for the past 3 trading days. Markets eye SNB monetary policy meeting tomorrow...

FxWirePro: CHFJPY forms inverse head and shoulder pattern, good to buy above 113.50
Jun 17, 2020 09:32 am UTC| Technicals
Ichimoku Analysis (4-hours chart) Tenken-Sen- 112.92 Kijun-Sen- 113.04 CHFJPY has recovered once again after a minor decline below 113 levels. The slight in Swiss franc due to an increase in demand for...