
FxWirePro: EUR/AUD heads deeper into bear territory, bears plotting path toward 1.7000
Apr 09, 2020 15:18 pm UTC| Technicals
EUR/AUD declined on Thursday as riskier currencies like Australian dollar continued to gain on cautious hopes that coronavirus pandemic is peaking. On top of hopes of a peak in the epidemic, commodity-linked currencies...

FxWirePro: USDCHF breaks trend line support, dip till 0.9590 likely
Apr 09, 2020 14:50 pm UTC| Technicals
Ichimoku Analysis (4- hour chart) Tenken-Sen- 0.96998 Kijun-Sen- 0.96998 USDCHF trades lower and lost more than 50 pips for the day on broad-based US dollar selling. The decline came after the Fed has...

FxWirePro: USDCAD trades weak after Fed injects $2.3 trillion, good to sell on rallies
Apr 09, 2020 14:19 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.40470 Kijun-Sen- 1.40345 USDCAD declined once again after hitting a high of 1.40778 at the time of writing. The decline was mainly due to broad-based US...

FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
Apr 09, 2020 13:02 pm UTC| Technicals
GBP/AUD dipped on Thursday, as coronavirus-driven panic and British PM Johnsons health condition fuelled a drop. At GMT 12:47, the pair was trading 0.23% lower at 1.9856, slightly lower from session high of...

FxWirePro: Daily Commodity Tracker - 9th April, 2020
Apr 09, 2020 11:49 am UTC| Technicals Research & Analysis
Daily Commodity Tracker (11:30 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Neutral Oscillators: Neutral (bias neutral) Bollinger Bands: Volatility Shrinking on the daily charts, Rising on Weekly...

FxWirePro: NZD/USD comatose around 21-EMA support ahead of key U.S. data, bias slightly bullish
Apr 09, 2020 11:30 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading largely muted around 0.60 handle at 11:10 GMT, bias slightly bullish. The pair was holding above 21-EMA support, but Doji formation suggests indecision. Markets...

FxWirePro: USD/NOK consolidates within thin ranges ahead of OPEC+ meeting
Apr 09, 2020 11:15 am UTC| Technicals
The Norwegian Krone consolidated within narrow ranges near a 3-week peak hit earlier in the week ahead of OPEC+ meeting. Investors expectations the major oil-producing countries could agree to cut output at a video...