
Aug 20, 2020 06:56 am UTC| Technicals
Cable (GBPUSD) is plunged from the peaks of 1.3267 to the current levels of 1.3072 levels. The minor trend travels in rising channel pattern, while bulls breakout stiff resistance, the current price hovering at 7 ...

FxWirePro: AUD/USD struggles at 200W MA, slips lower for the second straight session
Aug 20, 2020 06:23 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.11% lower on the day at 0.7170 at around 05:58 GMT. The major remains depressed below 0.72 handle, has reversed from yearly-highs at 0.7275. Major trend is...

FxWirePro: USD/JPY recovery stalls at 21-EMA
Aug 20, 2020 05:48 am UTC| Technicals
USD/JPY chart - Trading View The greenbacks bounce off 27 month low has stalled on downbeat market sentiment amid US-Iran fears, virus woes and Sino-American tussle. USD/JPY was trading 0.05% lower on the day at...

FxWirePro: Gold trades weak after Fed minutes, good t sell on rallies ,
Aug 20, 2020 05:32 am UTC| Technicals
Ichimoku Analysis (4 Hour Chart) Tenken-Sen- $1966 Kijun-Sen- $1970 Gold declined more than $50 on a strong US dollar after hitting a high of $2015. US Fed members agreed that the ongoing public crisis...

FxWirePro: GBP/AUD loses momentum but outlook is bullish
Aug 19, 2020 18:23 pm UTC| Technicals
GBP/AUD dipped on Wednesday as focus shifted to minutes of July FOMC meeting for clues on policy. Pullback extended below 1.8200, downtrend stops after finding support at 1.8164 (50% fib). GBP/AUD remains bullish,...

FxWirePro:GBP/NZD remains bid after backing away from recent highs
Aug 19, 2020 17:31 pm UTC| Technicals
GBP/ NZD retreated from recent trend highs on Wednesday as markets paused before Fed Minutes. Recent bullish momentum is likely to resume as investors looking out for any hints on further action it could take in...

FxWirePro: Major pair levels and bias summary
Aug 19, 2020 17:02 pm UTC| Technicals
Major pair levels and bias...