
FxWirePro: USD/TRY retreats from 6-1/2 week low, faces strong resistance at 7-EMA
May 27, 2020 09:54 am UTC| Technicals
The Turkish Lira eased, retreating from a 6-1/2 week peak hit in the prior session, as the greenback steadied against a basket of currencies. The dollar gained amid concern about increased tension in Hong Kong and a...

FxWirePro: FTSE100 downside capped by Kijun-Sen, jump till 6100 likely
May 27, 2020 09:03 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 6100 Kijun-Sen- 6061 FTSE100 continues to trade higher for 4th consecutive as market risk appetite improves. The global stock market surged sharply...

FxWirePro: EURUSD Short term outlook
May 27, 2020 09:02 am UTC| Technicals
Ichimoku Analysis (8-hour chart) Tenken-Sen- 1.09331 Kijun-Sen- 1.08943 EURUSD recovered more than 100 pips from a low of 1.08700 on broad-based US dollar selling. The easing of lockdown and optimism...

FxWirePro: USD/DKK halts 2-day losing streak, struggles to break below 200-DMA
May 27, 2020 08:52 am UTC| Technicals
The Danish Krone nudged lower after rising for two consecutive sessions as the greenback rebounded across the board. The dollar index steadied amid growing worries about the U.S. response to Chinas proposed security...

FxWirePro: Gold trades below 21- day MA, dip till $1678 likely
May 27, 2020 08:45 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1737.28 Kijun-Sen- $1713 Gold lost more than $25 from yesterdays high of $1735.77 on a strong global stock market. The market risk appetite gets stronger in...

FxWirePro: AUD/JPY edges higher from session lows, on track to test 200-DMA at 72.09
May 27, 2020 08:29 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY has erased early losses and has edged higher from session lows at 71.22. The pair was trading 0.09% higher on the day at 71.57 at around 08:20 GMT, scope for further...

FxWirePro: USD/JPY struggles for clear direction, extends rangebound trade below 50-DMA
May 27, 2020 07:01 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading largely rangebound on the day at 107.52 at around 06:30 GMT. The pair has been extending sideways grind and remains capped below 50-DMA resistance. Major and minor...