
FxWirePro: EUR/JPY extends Monday’s losses below 116 handle, further weakness on charts
May 05, 2020 10:52 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY is extending previous session slump, bias strongly bearish. The pair was trading 0.47% lower on the day at 115.81 at around 10:35 GMT, extending previous sessions 0.86%...

FxWirePro: USD/TRY rallies to record peak, outlook remains bullish
May 05, 2020 10:30 am UTC| Technicals
The Turkish Lira plunged to an all-time low as the greenback rose against a basket of currencies, while the Turkish central banks international reserves dried up amid the coronavirus crisis. The dollar rallied to a...

FxWirePro: AUD/JPY holds cloud support, break above 55-EMA to see further upside
May 05, 2020 10:27 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 0.28% higher on the day at 68.73 at around 10:15 GMT. The pair has bounced off daily cloud support and formation of Dragonfly Doji on Mondays candle has raised scope...

FxWirePro: EURUSD trades below trend line support, dip till 1.0800 likely
May 05, 2020 09:13 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.08838 Kijun-Sen- 1.08954 EURUSD recovers slightly after a German court said that ECB QE2 violates the constitution and illegal. The pair jumped till 1.09258 and...

FxWirePro: USD/DKK rallies above 10-DMA, jump till 6.8853 likely
May 05, 2020 08:48 am UTC| Technicals
The Danish Krone declined, extending previous session losses as the greenback rallied against a basket of currencies. The dollar surged as traders worried about rising tensions between the United States and China,...

May 05, 2020 06:41 am UTC| Technicals
Ichimoku Analysis (4-hours Chart) Tenken-Sen- $1702 Kijun-Sen- $1696.61 Gold is trading in a narrow range between $1661 and $1747 for past 2-weeks. The minor recovery came after hitting a low of $1670...

FxWirePro: USD/JPY grinds lower for the 3rd straight session, outlook bearish
May 05, 2020 05:51 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY grinds lower for the 3rd straight session, bias remains bearish. The major was trading 0.09% lower on the day at 106.60 at around 05:20 GMT. Broad-based US dollar weakness amid...