
FxWirePro: EURUSD trades lower despite weak US jobless claims, good to sell on rallies
May 07, 2020 14:19 pm UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.07965 Kijun-Sen- 1.0816 EURUSD trades lower after a minor jump till 1.08164 today despite weak US employment data. The number of people applied for...

FxWirePro: EUR/SEK slumps to 2-month trough, intraday bias bearish
May 07, 2020 12:35 pm UTC| Technicals
The Swedish Krona advanced to a 2-month peak as crude oil prices rebounded and the euro continued to decline. Crude oil prices steadied as data showed Chinas crude imports rebounded against expectations of a sharp...

FxWirePro: Norwegian Krone rallies to 1-week peak after Norges Bank cuts rates to zero
May 07, 2020 11:34 am UTC| Technicals
The Norwegian Krone surged to a 1-week peak after Norways central bank cut its policy rate to zero, seeking to cushion an economy reeling from the COVID-19 pandemic. The Norges Bank cut its benchmark interest rate by...

FxWirePro: Turkey's lira at record lows as investors worry over central bank’s reserves
May 07, 2020 10:34 am UTC| Technicals
The Turkish Lira plunged to a new all-time low after comments from a Federal Reserve policymaker which traders interpreted as ruling out prospects of the Fed extending a swap line to Ankara. On Wednesday, on asked...

FxWirePro: USD/DKK near 2-week peak, outlook remains bullish
May 07, 2020 09:22 am UTC| Technicals
The Danish Krone plunged to a near 2-week trough as the greenback rallied across the board. A Reuter poll showed investors prefer the safety of the greenback in a world fraught with risks emanating from the...

FxWirePro: EUR/JPY slips below 115 handle, hits lows unseen since Nov 2016
May 07, 2020 08:13 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY trades below 115 handle, has hit lows unseen since Nov 2016. The pair is extending marginal gains after 3 straight sessions of downfall. After hitting session highs at 114.98, the...

FxWirePro: GBPJPY recovers from low of 130.66, good to sell on rallies
May 07, 2020 07:39 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 131.65 Kijun-Sen- 132.86 GBPJPY is trading lower for 2nd consecutive days on Pound sterling weakness. The pair has formed a minor top 135.45 on Apr 30th,...