
FxWirePro: USD/NOK hits 3-1/2 week trough, major support at 55-EMA
May 08, 2020 11:23 am UTC| Technicals
The Norwegian Krone rallied to a 3-1/2 week peak following better-than-expected economic data. Norways industrial production increased 7.6 percent year-on-year in March, the largest output increase since September...

FxWirePro: EUR/CHF extends choppy trade at 21-EMA resistance, Outlook bearish
May 08, 2020 11:20 am UTC| Technicals
EUR/CHF chart - Trading View EUR/CHF has been extending choppy trade this week, capped below 21-EMA resistance. The pair was trading 0.10% lower on the day at 1.0528 at around 11:10 GMT, after closing 0.15% higher in...

May 08, 2020 10:19 am UTC| Technicals Digital Currency Insights & Views
Bitcoin price has resumed its bullish business back again as expected in our previous post (1stchart), the renewed strength by edging higher above $9.8k levels. The pairBTCUSDhas surged and staged for 8thconsecutive weeks...

FxWirePro: EUR/JPY extends gains amid cooling U.S.-China tensions, euro ignores dismal German data
May 08, 2020 09:55 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading 0.17% higher on the day at 115.29 as the pair extends recovery for the 2nd straight session. Cooling tensions between the US and China haven seen diminishing bids for...

Turkey's lira rebounds from record lows as greenback eases across the board
May 08, 2020 09:53 am UTC| Technicals
The Turkish Lira steadied after rebounding from a record low hit in the previous session as the greenback declined against a basket of currencies. The dollar slumped after data released on Thursday showed U.S. weekly...

FxWirePro: Buy CHFJPY above 109.50
May 08, 2020 09:49 am UTC| Technicals
Minor trend line support- 109.25. Ichimoku Analysis (15 min) Tenken-Sen- 109.381 Kijun-Sen- 109.38 CHFJPY formed a minor bottom around 108.67 and jumped more than 80 pips on the strong Swiss...

FxWirePro: USD/DKK off 2-week peak, faces support at 21-EMA
May 08, 2020 08:55 am UTC| Technicals
The Danish Krone edged up, extending previous sessions rebound as the greenback weakened across the board. On Thursday, the pair rose to a near 2-week peak but retraced to close 0.3 percent lower at...