
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.0200 level
Apr 24, 2020 18:39 pm UTC| Technicals
GBP/NZD goes positive on day, recovers to test rising trendline. However, the lack of a sustained close above trendline hint more downside risk . Technical signals are bearish as RSI is at 48, daily momentum...

FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
Apr 24, 2020 16:59 pm UTC| Technicals
GBP/AUD declined on Friday, as weak British retail sales data weighed on British pound. At GMT 16:53, the pair already trading lower on the day, extended its drop to hit 1.9325, a 1-1/2 month low, and was last down...

FxWirePro: Major pair levels and bias summary
Apr 24, 2020 16:51 pm UTC| Technicals
Major pair levels and bias...

FxWirePro: EUR/AUD gains some upside momentum but still bearish
Apr 24, 2020 15:27 pm UTC| Technicals
EUR/AUD recovered some ground on Friday, as the pair was aided by profit-taking on shorts. The pair is currently approaching resistance at 1.7565 (38.2% fib). Failure to get above 23.6% fib cements strong bearish...

FxWirePro: Swedish Krona retreats from near 6-week peaks as producer prices slump
Apr 24, 2020 12:07 pm UTC| Technicals
The Swedish Krona retreated from a near 6-week peak after data showed producer prices declined. The Swedish currency rose earlier in the session as oil prices extended rebound from multi-year lows. However, the...

FxWirePro: EUR/GBP pauses declines at 110-EMA, break below cloud keeps downside pressure
Apr 24, 2020 11:44 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading unchanged at 0.8728 at around 11:30 GMT, after hitting session high at 0.8748 and low at 0.8712. The pair has paused 2 straight sessions of declines at 110-EMA, scope...

FxWirePro: Norwegian Krone eases as economy takes hit from coronavirus outbreak
Apr 24, 2020 10:59 am UTC| Technicals
The Norwegian Krone consolidated within narrow ranges after rebounding from a near 1-month trough in the prior session. The Norwegian currency attempted a minor recovery in the prior session after the crude oil prices...