
FxWirePro: AUD/JPY holds cloud support, break above 55-EMA to see further upside
May 05, 2020 10:27 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 0.28% higher on the day at 68.73 at around 10:15 GMT. The pair has bounced off daily cloud support and formation of Dragonfly Doji on Mondays candle has raised scope...

FxWirePro: EURUSD trades below trend line support, dip till 1.0800 likely
May 05, 2020 09:13 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.08838 Kijun-Sen- 1.08954 EURUSD recovers slightly after a German court said that ECB QE2 violates the constitution and illegal. The pair jumped till 1.09258 and...

FxWirePro: USD/DKK rallies above 10-DMA, jump till 6.8853 likely
May 05, 2020 08:48 am UTC| Technicals
The Danish Krone declined, extending previous session losses as the greenback rallied against a basket of currencies. The dollar surged as traders worried about rising tensions between the United States and China,...

May 05, 2020 06:41 am UTC| Technicals
Ichimoku Analysis (4-hours Chart) Tenken-Sen- $1702 Kijun-Sen- $1696.61 Gold is trading in a narrow range between $1661 and $1747 for past 2-weeks. The minor recovery came after hitting a low of $1670...

FxWirePro: USD/JPY grinds lower for the 3rd straight session, outlook bearish
May 05, 2020 05:51 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY grinds lower for the 3rd straight session, bias remains bearish. The major was trading 0.09% lower on the day at 106.60 at around 05:20 GMT. Broad-based US dollar weakness amid...

FxWirePro: NZD/USD extends gains above 21-EMA, Kiwi unfazed by ANZ milk-price forecast downgrade
May 05, 2020 04:56 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading 0.27% higher on the day at 0.6059 at around 04:38 GMT. ANZ, in its latest report, revised down the Fonterra 2020-21 season milk price projection to NZD5.75/kg milk...

FxWirePro: AUD/USD holds marginal gains ahead of RBA interest rate decision
May 05, 2020 04:10 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD was trading marginally higher at 0.6448, up 0.40% at around 03:50 GMT. Markets await the Reserve Bank of Australia (RBA) interest rate decision due shortly at 04:30 GMT. The...