
FxWirePro: USD/DKK plunges to 1-1/2 month trough, dip till 6.7293 likely
Mar 02, 2020 11:24 am UTC| Technicals
The Danish Krone rallied to 1-1/2 month high despite the release of worse-than-expected manufacturing PMI. Denmarks DILF Manufacturing PMI fell to 49.1 in February from a downwardly revised 53.1 in the previous month,...

FxWirePro: EUR/GBP rallies to 4-1/2 week peak following UK's downbeat manufacturing PMI
Mar 02, 2020 10:46 am UTC| Technicals
The euro soared to a 4-1/2 month peak against the British pound on concerns about Britains negotiations with the European Union over a trade deal and whether a UK budget next month will include much more spending ...

FxWirerPro: Sell USDJPY on rallies
Mar 02, 2020 10:46 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 108.79 Kijun-Sen- 109.20 USDJPY continues to trade lower after a minor jump till 108.57 and lost more than 70 pips on the spread of coronavirus. India has...

FxWirePro: Gold Weekly Outlook
Mar 02, 2020 10:13 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1600 Kijun-Sen- $1567 Gold has lost more than $100 pips previous week after hitting a 7-year high. The decline was mainly due to profit booking. The...

FxWirePro: Aussie rebounds from 11-year lows amid imminent rate cuts concerns
Mar 02, 2020 09:39 am UTC| Technicals
The Australian dollar rebounded as a downbeat reading on Chinese manufacturing and talk of rate cuts in the United States stoked speculation of an imminent RBA policy easing. Chinas official Purchasing Managers Index...

FxWirePro: Silver back above $17.02 mark, sustained close above requires for upside rally
Mar 02, 2020 09:29 am UTC| Technicals
XAG/USD is currently trading around $16.99 marks. It made intraday high at $17.06 and low at $16.44 levels. Intraday bias remains slightly bullish for the moment. A daily close above $17.02 will test key...

Mar 02, 2020 07:55 am UTC| Technicals
USD/ZAR is currently trading around 15.50 levels. It made intraday high at 15.85 and low at 15.50 levels. Intraday bias remains bearish till the time pair holds key resistance at 15.85 mark. A daily close...