
FxWirePro: EUR/SEK halts 2-day rally, struggles to break below 7-EMA
Apr 22, 2020 12:10 pm UTC| Technicals
The Swedish Krona nudged up, retreating from a near 2-week low recorded in the prior session. On Tuesday, the pair broke above major resistance 21-DMA but failed to regain the 11.000 level. EUR/SEK trades 0.3...

FxWirePro: USD/JPY confined to narrow ranges, bias neutral
Apr 22, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.06% lower on the day at 107.68 at around 10:35 GMT, after closing 0.14% higher in the previous session. The pair is extending sideways below 200-DMA, bias remains...

FxWirePro: USD/NOK held firm near 3-1/2 week peak, likely to test 10.7000
Apr 22, 2020 10:57 am UTC| Technicals
The Norwegian Krone consolidated near a 3-1/2 week low hit in the prior session as oil slumped to less than $16 a barrel, hitting its lowest since mid-1999. International benchmark Brent crude was trading 0.6 percent...

FxWirePro: GBPJPY trades above 200-H MA, jump till 134 likely
Apr 22, 2020 10:38 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 133.07 Kijun-Sen- 133.42 GBPJPY has recovered more than 100 pips due to a sudden surge in Pound sterling. GBP jumped more than 100 pips, especially against...

FxWirePro: Turkish Lira hovers towards 1-1/2 year trough despite CBRT set to cut interest rates
Apr 22, 2020 09:52 am UTC| Technicals
The Turkish Lira declined, hovering towards a 1-1/2 year low hit in the previous session following soft consumer confidence figures. Turkeys consumer confidence index fell to a record low of 54.9 in April from 58.2 in...

FxWirePro: Silver back above $14.90 mark, faces immediate resistance at $15.02 mark
Apr 22, 2020 09:13 am UTC| Technicals
XAG/USD is currently trading around $14.93 marks. It made intraday high at $14.99 and low at $14.68 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.02 mark. A...

FxWirePro: USD/DKK consolidates within narrow ranges amid market turmoil
Apr 22, 2020 08:53 am UTC| Technicals
The Danish Krone consolidated within narrow ranges as investors turned cautious amid fragile equities and falling crude price The Danish is currency is likely to remain on the downside, weighed down by weak consumer...