
FxWirePro: USD/TRY steadies below 1-1/2 year peak, investors await next catalyst
Apr 29, 2020 09:51 am UTC| Technicals
The Turkish Lira continued to consolidatenear a 1-1/2 year low hit last week after Bloomberg reportedthe central banks net foreign reserves fell to their lowest level since May 2019. Turkeys central bank has exhausted...

FxWirePro: AUD/USD Staged For 1M-Highs But 100-DMA & 7-EMAs Likely To Cap – Trading & Hedging Setup
Apr 29, 2020 09:45 am UTC| Technicals
AUDUSDshort-term trend: The pair has formed shooting star pattern at peaks of rallies at 0.6526 levels (refer intraday chart, 4H). Consequently, bears appear to be resuming in the minor downtrend upon this bearish...

FxWirePro: USD/DKK hovers towards 1-1/2 week low, good to sell on rallies
Apr 29, 2020 08:59 am UTC| Technicals
The Danish Krone gained, hovering towards an over 1-week peak hit in the prior session. The dollar declined against a basket of currencies, nearing a two-week low, ahead of the outcome of a U.S. Federal Reserve...

FxWirePro: USD/CNY consolidates around 7.08 mark, stay neutral
Apr 29, 2020 08:15 am UTC| Technicals
USD/CNY is currently trading around 7.0760 marks. It made intraday high at 7.0808 and low at 7.0707 levels. Intraday bias remains neutral till the time pair holds key support at 7.0666 mark. A sustained...

FxWirePro: CHFJPY breaks major support 109.50, dip till 108.50 likely
Apr 29, 2020 08:11 am UTC| Technicals
Ichimoku Analysis (4-hour analysis) Tenken-Sen- 109.72 Kijun-Sen- 110.22 As per our analysis, CHFJPY continues to trade lower and hits a low of 109.36. the decline was mainly due to strong yen due to...

Apr 29, 2020 07:19 am UTC| Research & Analysis Digital Currency Technicals
Bitcoin price has exhibits renewed strength by edging higher towards $8k levels. The pairBTCUSD,has, so far, jumped 3.2% in this week and staged for 7thconsecutive weeks rallies (refer 2ndchart) amid pandemic coronavirus...

FxWirePro: USD/INR hits fresh 4 – week low at 74.89 mark, bias remains slightly bearish
Apr 29, 2020 06:50 am UTC| Technicals
USD/INR is currently trading around 74.95 marks. It made intraday high at 75.38 and low at 74.89 marks. Intraday bias remains bearish till the time pair holds key resistance at 75.38 mark. Key resistances...