
FxWirePro: GBP/AUD heads deeper into bear territory, 23.6% fibonacci eyed
Apr 28, 2020 13:54 pm UTC| Technicals
GBP/AUD declined on Tuesday as fresh plunge in oil prices underscored the economic shock from the coronavirus. GBP/AUD is technically poised to move lower after breaking and closing below previously strong support at...

Apr 28, 2020 12:12 pm UTC| Technicals
EURUSDhas attempted a recovery rally as hammer pattern candle pops-up at the bottom, consequently, bulls bounce back above DMAs with bullish crossover. The momentum studies remain in bull mode as both the leading...

FxWirePro: Swedish Krona rallies to 6-1/2 week peak as Riksbank keeps rates unchanged
Apr 28, 2020 11:48 am UTC| Technicals
The Swedish Krona advanced to a 6-1/2 week peak after its central bank held interest rates steady and maintained stimulus measures to support an economy battered by the coronavirus pandemic. The Riksbank left its...

FxWirePro: USD/NOK plunges to 1-week trough below 21-DMA, intraday bias bearish
Apr 28, 2020 10:58 am UTC| Technicals
The Norwegian Krone rallied to an over 1-week peak, as the greenback tumbled across the board. The Federal Reserve has led the global monetary policy response to the coronavirus pandemic by cutting interest rates to...

FxWirePro: AUD/CHF extends gains above 0.63 handle, tests 110-EMA at 0.6327, bias bullish
Apr 28, 2020 10:36 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF extending winning streak for the 5th straight session, bias strongly bullish. The pair is extending gains above 0.63 handle and 61.8% Fib, tests 110-EMA at 0.6327. Oscillators...

FxWirePro: AUD/JPY consolidates above 55-EMA, focus on Australia CPI data for impetus
Apr 28, 2020 10:17 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading largely unchanged at 69.35 at around 09:42 GMT. The pair has bounced off session lows at 69.03, holds support at 55-EMA. Momentum studies are bullish, however, Doji on...

FxWirePro: EURUSD Daily outlook
Apr 28, 2020 10:16 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.08339 Kijun-Sen- 1.08349 EURUSD trades higher and jumped more than 150 pips from low of 1.07260 on broad-based US dollar selling. Most of the countries...