
FxWirePro: DXY trades below 100-W MA, dip till 96.40 likely
Jun 04, 2020 13:36 pm UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 99.44 Kijun-Sen- 98.82 US Dollar index continues to trade weak for 3rd consecutive week and lost more than 300 pips till 97.10. The decline was mainly due...

FxWirePro: USDCHF Daily Outlook
Jun 04, 2020 13:24 pm UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 0.96124 Kijun-Sen- 0.96118 USDCHF is trading in a narrow range between 0.95735 and 0.96478 for the past 3 trading days. Overall is still in a downtrend as...

FxWirePro: Copper holds support at 110-EMA, jump till 2.550 likely
Jun 04, 2020 13:00 pm UTC| Technicals
COPPER chart - Trading View Copper has erased losses and edged higher from session lows at 2.454. The pair was trading at 2.476, down 0.28% on the day at 12:50 GMT. Price action grinds higher in a Rising Channel...

FxWirePro: USD/NOK halts 7-day losing streak as greenback rebounds from mutli-month trough
Jun 04, 2020 11:39 am UTC| Technicals
The Norwegian Krone eased from a near 3-month peak despite upbeat housing prices figures. Norwegian seasonally adjusted housing prices rose 1.4 percent between April and May, while on a year-on-year basis prices...

FxWirePro: AUD/NZD finds strong support at 20-DMA, 'Golden Cross' to limit downside
Jun 04, 2020 11:26 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD was trading 0.25% lower on the day at 1.0746 at around 11:10 GMT, after closing 0.47% lower in the previous session. The pair is extending weakness after failure to hold break above...

FxWirePro: CHFJPY forms Bearish pattern, good to sell on rallies
Jun 04, 2020 10:11 am UTC| Technicals
Ichimoku Analysis (4-hours chart) Tenken-Sen- 113.01 Kijun-Sen- 112.36 CHFJPY was trading higher for the past 1- month and jumped nearly 500 pips on weak yen. The demand for Safe-haven assets like yen,...

FxWirePro: USD/TRY steadied above 55-EMA, jump till 6.7764 likely
Jun 04, 2020 10:01 am UTC| Technicals
The Turkish Lira declined, extending previous session losses as the greenback rebounded against a basket of currencies. The dollar index retreated from an 11-week trough after recent data showed U.S. services industry...