
May 08, 2020 10:19 am UTC| Technicals Digital Currency Insights & Views
Bitcoin price has resumed its bullish business back again as expected in our previous post (1stchart), the renewed strength by edging higher above $9.8k levels. The pairBTCUSDhas surged and staged for 8thconsecutive weeks...

FxWirePro: EUR/JPY extends gains amid cooling U.S.-China tensions, euro ignores dismal German data
May 08, 2020 09:55 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading 0.17% higher on the day at 115.29 as the pair extends recovery for the 2nd straight session. Cooling tensions between the US and China haven seen diminishing bids for...

Turkey's lira rebounds from record lows as greenback eases across the board
May 08, 2020 09:53 am UTC| Technicals
The Turkish Lira steadied after rebounding from a record low hit in the previous session as the greenback declined against a basket of currencies. The dollar slumped after data released on Thursday showed U.S. weekly...

FxWirePro: Buy CHFJPY above 109.50
May 08, 2020 09:49 am UTC| Technicals
Minor trend line support- 109.25. Ichimoku Analysis (15 min) Tenken-Sen- 109.381 Kijun-Sen- 109.38 CHFJPY formed a minor bottom around 108.67 and jumped more than 80 pips on the strong Swiss...

FxWirePro: USD/DKK off 2-week peak, faces support at 21-EMA
May 08, 2020 08:55 am UTC| Technicals
The Danish Krone edged up, extending previous sessions rebound as the greenback weakened across the board. On Thursday, the pair rose to a near 2-week peak but retraced to close 0.3 percent lower at...

FxWirePro: USDCHF forms bearish engulfing pattern, good to sell on rallies
May 08, 2020 08:51 am UTC| Technicals
Major resistance- 0.98025 Chart pattern- Bearish Engulfing Ichimoku Analysis (8 Hour chart) Tenken-Sen- 0.97154 Kijun-Sen- 0.96944 USDCHF declined sharply after a jump till 0.97843...

FxWirePro: Sell GBPJPY on rallies
May 08, 2020 08:35 am UTC| Technicals
Double Top- 132 Ichimoku Analysis (15 min chart) Tenken-Sen- 131.781 Kijun-Sen- 131.79 GBPJPY has once again declined after hitting a high of 131.95. The pair has formed almost a double top...