
FxWirePro: USDCAD hits 1-week low, dip till 1.3920 likely
Apr 07, 2020 13:19 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.40877 Kijun-Sen- 1.41309 USDCAD continues to trade lower and hits 1-week low at 1.39635. The decline was mainly due to broad-based US dollar selling. DXY...

FxWirePro: EUR/SEK breaks below 21-EMA, likely to continue bearish momentum
Apr 07, 2020 12:32 pm UTC| Technicals
The Swedish Krona rose, extending previous session gains. Swedens central bank stated that it will extend its loan programme to individual companies, in a bid to reach businesses affected by the coronavirus...

FxWirePro: Daily Commodity Tracker - 7th April, 2020
Apr 07, 2020 12:13 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Neutral Oscillators: Neutral (bias higher) Bollinger Bands: Shrinking on the daily charts, Widening on Weekly and...

FxWirePro: EUR/GBP consolidates above 200-DMA, scope for further recovery
Apr 07, 2020 11:44 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP shows signs of further recovery. The pair has held above 0.88 handle and was trading 0.23% higher at 0.8838 at 11:20 GMT. The pound is under pressure after reports mentioned...
FxWirePro: USD/NOK breaks below 20-EMA to hit 3-week trough
Apr 07, 2020 11:35 am UTC| Technicals
The Norwegian Krone rallied to a 3-week peak following better than expected economic data. Norways industrial production surged 5.4 percent year-on-year in February, following a 0.3 percent expansion in the previous...

Apr 07, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY has bounced off session lows at 108.67 and was trading at 109.10 at 10:40 GMT. The pairs near-term outlook has turned bullish after breakout at 200+DMA resistance on Mondays...

FxWirePro: Turkish lira retreats from its lowest level since August 2018 on coronavirus slowdown
Apr 07, 2020 09:57 am UTC| Technicals
The Turkish Lira nudged up after falling to an over 1-1/2 year trough in the prior session. The Turkish currency attempted a recovery, drawing support from an improvement in global sentiment stoked by signs that the...