
FxWirePro: EUR/NZD reverses recent rally, bias back to downside
May 05, 2020 16:49 pm UTC| Technicals
EUR/NZD declined for the second day on Tuesday as bulls run out of stem just shy of higher bollinger bands. The pair broke support at 1.7932 (9 DMA) and is approaching 1.7744(lower bollinger bands). A close below will...

FxWirePro: EUR/AUD dips below lower range, bearish bias increases
May 05, 2020 15:50 pm UTC| Technicals
EUR/AUD declined on Tuesday, as euro was weighed down after Germanys constitutional court challenged the legality of the ECBs bond buying programme. EUR/AUD dived below the 23.6% fib and trades down to a 1.6799...

FxWirePro: EUR/SEK extends losses below 10.7000, minor support at 200-DMA
May 05, 2020 12:19 pm UTC| Technicals
The Swedish Krona advanced, extending previous session gains as oil rallied to near 3-week peak. Moreover, the Swedish currency was also supported by upbeat economic data that showed the Gross Domestic Product...

FxWirePro: Norwegian Krone rebounds from near 1-week low as oil prices surge
May 05, 2020 11:35 am UTC| Technicals
The Norwegian Krone rose, retreating from a near 1-week low hit in the previous session following a rise in the crude oil prices. Crude oil prices surged on expectations that fuel demand will recover as some European...

May 05, 2020 11:17 am UTC| Technicals Insights & Views
Cable prices (GBPUSD) have collapsed yesterday and over the weekend in the low liquid environment, with historically strong indicators not working at this juncture. Where bulls in the minor trend have halted at the...

FxWirePro: EUR/JPY extends Monday’s losses below 116 handle, further weakness on charts
May 05, 2020 10:52 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY is extending previous session slump, bias strongly bearish. The pair was trading 0.47% lower on the day at 115.81 at around 10:35 GMT, extending previous sessions 0.86%...

FxWirePro: USD/TRY rallies to record peak, outlook remains bullish
May 05, 2020 10:30 am UTC| Technicals
The Turkish Lira plunged to an all-time low as the greenback rose against a basket of currencies, while the Turkish central banks international reserves dried up amid the coronavirus crisis. The dollar rallied to a...