
FxWirePro: USD/TRY hits 1-1/2 week peak as Turkey's economy expands less-than-expected
May 29, 2020 10:07 am UTC| Technicals
The Turkish Lira plunged to a 1-1/2 week low following the release of soft growth data. Turkeys economy advanced 4.5 percent year-on-year in the first quarter of 2020, easing from a 6 percent growth in the previous...

FxWirePro: EUR/CHF hits 2-month high, bullish momentum to drive further gains
May 29, 2020 10:05 am UTC| Technicals
EUR/CHF chart - Trading View Technical Analysis: Bias strongly bullish Indicators in support of upside: - RSI above 70 mark, bias higher - Stohastics are sharply higher - Bullish divergence on Stochastics on...

FxWirePro: Danish Krone hits 2-month peak as economy contracts less than expected
May 29, 2020 09:00 am UTC| Technicals
The Danish Krone surged to a fresh 2-month peak as the greenback plunged to multi-week lows. The dollar index slumped after Hong Kongs government warned that withdrawing its special U.S. status, could be a...

DAX: Shooting star and 200-day MA
May 29, 2020 08:36 am UTC| Technicals
Candlestick pattern- Shooting star Ichimoku Analysis (Daily Chart) Tenken-Sen- 11182 Kijun-Sen- 11000 DAX 30 has halted its 10-days of a winning streak and started to decline from high 11837....

FxWirePro: AUD/USD extends sideways grind along 200-DMA resistance, outlook remains bullish
May 29, 2020 06:22 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD upside gained traction after the US dollar index (DXY), slipped to the fresh low since March 30. The major was extending previous sessions recovery and was trading 0.37% higher on...

FxWirePro: USDCHF breaks symmetrical triangle support, dip till 0.9535 likely
May 29, 2020 05:49 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.96717 Kijun-Sen- 0.96802 USDCHF has broken symmetrical triangle support at 0.9650 after a long consolidation. This confirms bearish continuation, a dip till...

FxWirePro: Gold trades higher on US-China trade tension, good to buy on dips
May 29, 2020 05:48 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1729 Kijun-Sen- $1718 Gold is trading well over $1700 due to renewed trade tensions between the US and China. The demand for Safe-haven increased as China...