
FxWirePro: USD/TRY breaks above 7-EMA, jump till 6.8149 likely
May 28, 2020 09:53 am UTC| Technicals
The Turkish Lira declined, hovering away from a 6-1/2 week peak hit earlier in the weak, as the greenback steadied against a basket of currencies. The dollar gained as tensions between the United States and China over...

FxWirePro: USDCAD forms double bottom near 1.3730, jump till 1.3850 likely
May 28, 2020 09:05 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.37751 Kijun-Sen- 1.38881 USDCAD formed a notable bottom at 1.37276 and shown a nice recovery till 1.38220. The sellers got exhausted and struggled to...

FxWirePro: Danish Krone retreats from 2-month peak as business confidence deteriorates
May 28, 2020 08:57 am UTC| Technicals
The Danish Krone retreated from a 2-month peak as the greenback rebounded from multi-week lows. The dollar index steadied after Assistant Secretary of State for East Asia, David Stilwell, stated that U.S. President...

FxWirePro: EURUSD struggles to close above 200-day MA, good to buy on dips
May 28, 2020 08:14 am UTC| Technicals
Ichimoku Analysis (8-hour chart) Tenken-Sen- 1.09530 Kijun-Sen- 1.09176 EURUSD has once jumped above 1.1000 levels after a minor dip till 1.09558. The European Commission proposed a coronavirus...

May 28, 2020 06:18 am UTC| Technicals
USDCADSpinning top nudge prices below DMAs with bearish crossover, ithas been constantly dipping ever since the spinning top occurrence at 1.4512 levels, any abrupt rallies could be deceptive to struggle to get support...

FxWirePro: EUR/JPY extends gains above 110-EMA, on track to test 200-DMA at 119.24
May 28, 2020 06:05 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY extends gains above 110-EMA resistance and was trading 0.18% higher on the day at 118.75 at around 06:00 GMT. The pair is extending upside for the 4th straight session, is on...

May 28, 2020 05:20 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1729 Kijun-Sen- $1718 Gold has once again gained above $1700 due to unrest in Hong Kong has increased demand for Safe-haven. China proposed national...