
FxWirePro: USD/DKK extends rebound from 1-week low, major support at 55-EMA
May 14, 2020 08:50 am UTC| Technicals
The Danish Krone declined, extending previous session losses, as the greenback surged following Federal Reserve Chairman Jerome Powells speech. The dollar rallied towards a 3-week high after Federal Reserve Chairman...

FxWirePro: USDCAD trades higher on broad-based US dollar buying, good to buy on dips
May 14, 2020 08:18 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 1.4060 Kijun-Sen- 1.40075 USDCAD has shown a massive recovery of more than 200 pips from a low of 1.39011. The surge was mainly due to broad-based US dollar...

FxWirePro: GBPJPY breaks 130.50 level, dip till 129.80 likely
May 14, 2020 06:13 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 131.20 Kijun-Sen- 131.81 GBPJPY continues to trade lower after hitting a high of 131.93 yesterday. The pair has formed a temporary top around 135.45 and...

May 14, 2020 06:06 am UTC| Technicals
AUD/USD chart - Trading View AUD/JPY was extending declines for the 3rd straight session, scope for further weakness. The pair was trading 0.45% lower on the day at 68.75 at around 05:50 GMT, after closing 0.35%...

May 14, 2020 05:16 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.15% lower on the day at 0.5982 at around 04:50 GMT, after closing 1.40% lower in the previous session. Bearish pressure builds around the kiwi and is likely to see...

FxWirePro: Gold trades slightly lower on strong US dollar, good to buy on dips
May 14, 2020 04:52 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- $1709 Kijun-Sen- $1707 Gold recovered slightly nearly $20 after weak US PPI data. The US dollar gained momentum after Fed Chairman Powell comments about...

FxWirePro: USD/JPY capped below 21-EMA, Greenback on the defensive ahead of jobless claims data
May 14, 2020 04:39 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading 0.09% lower at 106.92 at around 04:20 GMT, US dollar on the defensive ahead of jobless claims data. US-China trade/political tension, as well as the risk of the virus...