
FxWirePro: Daily Commodity Tracker - 13th April, 2020
Apr 13, 2020 12:17 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Bearish Oscillators: Neutral (bias lower) Bollinger Bands: Volatility Shrinking on the daily charts, Rising on Weekly...

FxWirePro: EURUSD upside capped by 200-4H MA, good to buy on dips
Apr 13, 2020 12:12 pm UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 1.09435 Kijun-Sen- 1.08790 EURUSD trades slightly weak after hitting a high of 1.09677 at the time of writing. The pair was trading higher for past 1-week...

FxWirePro: EUR/CHF extends sideways around 21-EMA, no clear directional bias
Apr 13, 2020 12:00 pm UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF is extending sideways trade, upside remains capped below 21-EMA. The pair was trading largely muted at 1.0558 at around 11:55 GMT after closing largely unchanged in the previous...

FxWirePro: USD/NOK halts 5-day losing streak as oil demand worries outweigh output cut
Apr 13, 2020 11:48 am UTC| Technicals
The Norwegian Krone nudged down after rising for five straight sessions, weighed by concerns that the output cuts by major oil producers will not be sufficient to reduce a glut as the coronavirus pandemic hammers...

FxWirePro: Turkish Lira near 1-1/2 year trough on coronavirus lockdown criticism
Apr 13, 2020 10:54 am UTC| Technicals
The Turkish Lira eased, drifting towards an over 1-1/2 year low hit last week following a short-notice coronavirus lockdown which sent people rushing to shops to stock up on supplies. Turkish authorities declared...

FxWirePro: EUR/JPY fails at 21-EMA, scope for downside resumption
Apr 13, 2020 10:09 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY dives over 4% to hit session lows at 117.95 before paring some losses to trade at 118.07 at around 09:55 GMT. The single currency losing upside momentum, final March CPIs in...

FxWirePro: USD/DKK retreats from 1-1/2 week trough, finds support at 55-EMA
Apr 13, 2020 09:54 am UTC| Technicals
The Danish Krone consolidated within narrow ranges as investors remained on edge over the spread of the novel coronavirus. The pair plunged to a 1-1/2 week low earlier in the session but found strong support at...