
FxWirePro: USDCHF forms bearish engulfing pattern, good to sell on rallies
May 08, 2020 08:51 am UTC| Technicals
Major resistance- 0.98025 Chart pattern- Bearish Engulfing Ichimoku Analysis (8 Hour chart) Tenken-Sen- 0.97154 Kijun-Sen- 0.96944 USDCHF declined sharply after a jump till 0.97843...

FxWirePro: Sell GBPJPY on rallies
May 08, 2020 08:35 am UTC| Technicals
Double Top- 132 Ichimoku Analysis (15 min chart) Tenken-Sen- 131.781 Kijun-Sen- 131.79 GBPJPY has once again declined after hitting a high of 131.95. The pair has formed almost a double top...

FxWirePro: USDCAD trades weak, markets eyes jobs data
May 08, 2020 08:18 am UTC| Technicals
USDCAD was one of the worst performers this week and lost more than 250 pips on surging Crude oil prices. WTI crude has jumped more than $18 from low of $10.21 on easing coronavirus lockdown. US oil has formed a double top...

FxWirePro: NZD/USD edges above 0.61 handle, focus on U.S. non-farm payrolls for further impetus
May 08, 2020 07:34 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD is extending previous sessions gains, trades 0.63% higher at 0.6124 at around 07:15 GMT. Risk-reset lifts the Kiwi as trade representatives from U.S. and China held a phone call...

May 08, 2020 07:15 am UTC| Technicals
Ichimoku Analysis (8-hours Chart) Tenken-Sen- $1702. Kijun-Sen- $1696 Gold recovered sharply on weak US economic data. The number of people applied for unemployment benefits during the weekend of May...

FxWirePro: USD/JPY upside lacks traction, finds stiff resistance at daily cloud
May 08, 2020 06:33 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading 0.12% higher on the day at 106.36 at around 06:20 GMT. The major is extending previous sessions gains on improved risk across markets. Fresh US-China trade optimism...

FxWirePro: AUD/USD extends gains amid easing US-China trade tensions, bias higher
May 08, 2020 04:35 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.58% higher on the day at 0.6532 at around 04:15 GMT. Fresh US-China trade optimism after trade representatives from both countries held a phone call boosts...