
Jun 16, 2020 08:53 am UTC| Technicals
Ichimoku Analysis (4-hours chart) Tenken-Sen- 112.90 Kijun-Sen- 113.35 CHFJPY has recovered more than 100 pips from a low of 112.36 on the strong Swiss franc. USDCHF halted its minor recovery at...

FxWirePro: GBPJPY downside capped by 200-4H MA, good to sell on rallies
Jun 16, 2020 08:48 am UTC| Technicals
Ichimoku Analysis (4-Hours chart) Tenken-Sen- 134.92 Kijun-Sen- 135.45 GBPJPY recovered more than 250 pips on account of the strong Pound sterling. GBP is trading higher against all major, especially...

FxWirePro: EUR/JPY struggles to extend gains, finds stiff resistance at 200H MA
Jun 16, 2020 08:29 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY slips lower from session highs at 122.11, trades marginally higher at 121.64 at 07:55 GMT. Price action has found stiff resistance at 200H MA at 122.12, break above required for...

FxWirePro: USD/JPY holds cloud support, upside resumption only above 200-DMA
Jun 16, 2020 07:23 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY has erased early gains and was trading largely muted at 107.36 at around 07:17 GMT. The pair bounced off lower Bollinger band support and is extending grind higher for the 3rd...

FxWirePro: Copper holds 200-DMA support, weakness only on break below
Jun 16, 2020 06:34 am UTC| Technicals
Copper chart - Trading View Copper was trading 1.04% higher on the day at 2.61 at around 06:30 GMT. The pair is extending sideways grind along 200-DMA support. Bias still bullish. Break below 200-DMA will open...

Jun 16, 2020 05:09 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1707.67 Kijun-Sen- $1717.84 Gold has recovered sharply from low of $1704 and jumped till $1732.90 on a weak US dollar. The risk aversion due to fear of the...

FxWirePro: GBP/AUD reverses recent rally, bias back to downside
Jun 15, 2020 21:04 pm UTC| Technicals
GBP/AUD declined on Monday as Brexit concern and fears of a second wave of coronavirus hit British pound. The pair is testing support at 1.8186 (23.6 % fib ). A break under 1.8186 would unmask 1.8000 Psychological...