
FxWirePro: Copper extends gains above 200-DMA, weak dollar buoys commodities
Jun 10, 2020 06:13 am UTC| Technicals
COPPER chart - Trading View Copper was trading 0.72% higher on the day , extends gains for the 4th straight session. The pair has shown a decisive break above 200-DMA, raising scope for further gains. Analysis of...

FxWirePro: Gold trades well above 55- day EMA, good to buy on dips
Jun 10, 2020 05:20 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1707.87 Kijun-Sen- $1717.87 Gold has recovered sharply despite increasing risk appetite. US markets shown minor decline after more than 45% bounce from low...

FxWirePro: USD/JPY depressed ahead of Fed policy meet, retrace below 200-DMA reinforces bearish bias
Jun 10, 2020 04:06 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY trades rangebound after 2 straight sessions of downside. Bias has turned bearish after break below 200-DMA. The major was trading rangebound at 107.64 at around 03:45 GMT, after...

FxWirePro: AUD/USD extends mild recovery despite poor China data, focus on FOMC decision for impetus
Jun 10, 2020 02:53 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD has resumed gradual upside despite poor data. All eyes on the Feds interest rate decision for impetus. The pair seems to pay a little heed to Chinas downbeat data as it extends...

FxWirePro: GBP/NZD rallies above 1.9500 but reversal is likely
Jun 09, 2020 19:21 pm UTC| Technicals
GBP/NZD recovered ground on Tuesday as recovery rally from 1.9362 was aided by some profit-taking. The pullback from the low has passed through the 23.6% fibonacci retrace level at 1.9495 and now eyes 9 DMA at...

FxWirePro: EUR/AUD rebounds back towards 1.6300 as risk slide slows
Jun 09, 2020 15:39 pm UTC| Technicals
EUR/AUD gained on Tuesday as investors took profits from the risk-on mood seen in the markets in the past weeks. The pair reaches 1.6340 after extending north from 1.6067 (early Asia low). 1.6324 is the highest level...

FxWirePro: GBPAUD capped by the 11 DMA, good to sell on rallies
Jun 09, 2020 14:56 pm UTC| Technicals
GBP/AUD recovered some ground on Tuesday as Australian dollar ran out of steam, as a weeks-long risk rally hit turbulence. The pair rallied above 1.8200 level, lift stops after finding resistance at 1.8324 (11...