
FxWirePro: USD/TRY consolidates below 7.000 after CBRT lowers policy rate by 100 bps
Apr 23, 2020 09:50 am UTC| Technicals
The Turkish Lira consolidated near a 1-1/2 year low hit in the previous session on soft consumer confidence figures and CBRT policy decision. Data released yesterday showed Turkeys consumer confidence index fell to a...

FxWirePro: USD/ZAR hits fresh 2 – week high at 19.17 mark, stay long
Apr 23, 2020 09:35 am UTC| Technicals
USD/ZAR is currently trading around 19.15 levels. It made intraday high at 19.17 and low at 18.86 levels. Intraday bias remains bullish till the time pair holds key support at 18.86 mark. A daily close...

FxWirePro: EUR/CAD Near-Term Outlook
Apr 23, 2020 09:10 am UTC| Technicals Research & Analysis
EUR/CAD chart - Trading View EUR/CAD was trading 0.31% lower on the day at 1.5280 at around 08:45 GMT. The pair is extending weakness for the 2nd straight session, prices have slipped below 21-EMA. The single...

FxWirePro: USD/DKK hits 2-1/2 week peak, intraday bias bullish
Apr 23, 2020 08:53 am UTC| Technicals
The Danish Krone plunged to a 2-1/2 week low as investors continued to digest downbeat consumer confidence index figures. Data released yesterday showed Denmarks consumer confidence index declined sharply to -11.9 in...

FxWirePro: DXY forms triple top around 100.50, break above targets 101.20
Apr 23, 2020 08:52 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 100.20 Kijun-Sen- 100.06 US Dollar index has broken major resistance 100.50 after a long consolidation. Short term trend is still bullish as long as support...

FxWirePro: USD/CNY slips below 7.07 mark, sustained close below targets 7.0319 mark
Apr 23, 2020 07:21 am UTC| Technicals
USD/CNY is currently trading around 7.0732 marks. It made intraday high at 7.0863 and low at 7.0679 levels. Intraday bias remains bearish till the time pair holds key resistance at 7.0913 mark. A sustained...

FxWirePro: Indian rupee rises sharply against U.S. dollar, faces strong support at 74.90 mark
Apr 23, 2020 07:07 am UTC| Technicals
USD/INR is currently trading around 75.25 marks. It made intraday high at 75.88 and low at 75.16 marks. Intraday bias remains bearish till the time pair holds key resistance at 75.88 mark. Key resistances...