
FxWirePro: Turkish lira near 2-week peak as government lifts travel restrictions for more cities
May 12, 2020 10:57 am UTC| Technicals
The Turkish Lira rallied to near 2-week peak, as the greenback eased against a basket of currencies. The Turkish currency was also supported by Turkish President Recep Tayyip Erdogan announcement that COVID-19 travel...

FxWirePro: USDCHF Daily Outlook
May 12, 2020 10:49 am UTC| Technicals
Major resistance- 0.98025 Ichimoku Analysis (4-Hour chart) Tenken-Sen- 0.97253 Kijun-Sen- 0.97327 The intraday trend of USDCHF is still neutral and correction from 0.9900 will continue. The...

FxWirePro: Danish Krone gains as Denmark increases COVID-19 testing to prevent second wave
May 12, 2020 09:54 am UTC| Technicals
The Danish Krone nudged up, retreating from a near 1-week low, as the greenback weakened from recent peaks. Denmarks currency was also supported by Prime Minister Mette Frederiksens comments, citing the country will...

FxWirePro: EUR/JPY bounces off 200H MA support, Outlook bullish
May 12, 2020 09:14 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY has edged higher from session lows at 115.95 and was trading 0.05% higher at 116.37 at around 07:20 GMT. Markets wary that an early release from lockdown in some countries could...

May 12, 2020 06:36 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD erases early losses, trades rangebound at 0.6073 at around 06:00 GMT. Kiwi is extending bounce off intraday low despite downbeat China inflation data. Chinas Producer Price...

May 12, 2020 04:51 am UTC| Technicals
Fundamental Outlook: Escalating Australia-China trade tensions along with dismal Australian NAB Survey and Chinese inflation figures weigh on the Aussie dollar. China has implemented a ban on import of red meat from...

FxWirePro: USD/JPY slips lower in the Asian session, broad risk-aversion weighs
May 12, 2020 04:09 am UTC| Technicals
USD/JPY chart - Trading View Fundamental Outlook: USD/JPY under pressure amid risk-off, broad risk-aversion is knocking-down the pair. BOJ Officials said that the central bank will keep buying ETFs as long as...