
FxWirePro: Swedish Krona retreats from near 6-week peaks as producer prices slump
Apr 24, 2020 12:07 pm UTC| Technicals
The Swedish Krona retreated from a near 6-week peak after data showed producer prices declined. The Swedish currency rose earlier in the session as oil prices extended rebound from multi-year lows. However, the...

FxWirePro: EUR/GBP pauses declines at 110-EMA, break below cloud keeps downside pressure
Apr 24, 2020 11:44 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading unchanged at 0.8728 at around 11:30 GMT, after hitting session high at 0.8748 and low at 0.8712. The pair has paused 2 straight sessions of declines at 110-EMA, scope...

FxWirePro: Norwegian Krone eases as economy takes hit from coronavirus outbreak
Apr 24, 2020 10:59 am UTC| Technicals
The Norwegian Krone consolidated within narrow ranges after rebounding from a near 1-month trough in the prior session. The Norwegian currency attempted a minor recovery in the prior session after the crude oil prices...

FxWirePro: AUD/CHF breaks above 55-EMA and daily cloud, outlook shifts to bullish
Apr 24, 2020 10:26 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF was consolidating previous sessions gains, trades largely rangebound on the day. Price action has shown a decisive breakout at 55-EMA and daily cloud raising scope for...

FxWirePro: EUR/CHF slips below 61.8% Fib, risks skewed to the downside
Apr 24, 2020 10:09 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF was trading rangebound on the day with session high at 1.0523 and low at 1.0512. The pair is extending sideways for the 7th straight session as bears struggle to extend weakness...

FxWirePro: USDCAD DailyOutlook
Apr 24, 2020 10:04 am UTC| Technicals
USDCAD has once again recovered sharply more than 100 pips on broad-based US dollar buying. The Canadian dollar was one of the best performers this week due to a sudden surge in oil prices. The Middle East tension got...

FxWirePro: EURUSD breaks major support 1.0760, dip till 10635 likely
Apr 24, 2020 10:01 am UTC| Technicals
USDCAD has once again recovered sharply more than 100 pips on broad-based US dollar buying. The Canadian dollar was one of the best performers this week due to a sudden surge in oil prices. The Middle East tension got...