
FxWirePro: USD/TRY consolidates near 1-1/2 year peak, likely to test 7.000
Apr 27, 2020 09:58 am UTC| Technicals
The Turkish Lira nudged up slightly but consolidated below a 1-1/2 year low hit last week. On Thursday, the pair retreated from recent highs but found strong support at 7-EMA. USD/TRY is trading 0.3 percent down...

FxWirePro: USDCAD struggles to close above 200-4H MA, good to sell on rallies
Apr 27, 2020 09:27 am UTC| Technicals
USDCAD has once again declined after showing a minor jump above 1.4110 levels. The pair hits high of 1.41201 and is currently trading around 1.40563. The crude oil prices got stabilized after a huge collapse previous week....

FxWirePro: USD/DKK retreats from 1-month peak, finds support at 21-EMA
Apr 27, 2020 08:32 am UTC| Technicals
The Danish Krone nudged up, extending previous session rebound from a 1-month trough as the greenback eased against a basket of currencies. Investors ignored downbeat Danish retail sales, which plunged by 3.7 percent...

FxWirePro: Sell CHFJPY on rallies
Apr 27, 2020 08:19 am UTC| Technicals
Ichimoku Analysis (4-hour analysis) Tenken-Sen- 110.22 Kijun-Sen- 110.63 CHFJPY is trading weak after a minor jump till 110.58 and lost more than 50 pips on strong Japanese Yen. USDJPY continues to...

FxWirePro: Chinese yuan remains volatile after industrial profit data
Apr 27, 2020 07:16 am UTC| Technicals
USD/CNY is currently trading around 7.0790 marks. It made intraday high at 7.0818 and low at 7.0699 levels. Intraday bias remains slightly bullish till the time pair holds key support at 7.0666 mark. A...

FxWirePro: AUD/JPY breaks above 55-EMA, eyes 61.8% Fib at 70.17
Apr 27, 2020 06:54 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY is extending winning streak for the 4th consecutive session, hits 8-week high at 69.38. The pair is showing a breakout at 55-EMA resistance which has been capping upside since 2...

FxWirePro: Gold Weekly Outlook
Apr 27, 2020 06:35 am UTC| Technicals
Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1599 Kijun-Sen- $1596 Gold recovered a sharply previous week after hitting a low of $1661. The increase of several cases in coronavirus is supporting the...