
FxWirePro: USD/DKK tumbles to 2-week trough, dip till 6.8490 likely
Feb 26, 2020 10:56 am UTC| Technicals
The Danish Krone consolidated within narrow after rising to a 2-week peak earlier in the session. Investors now await Denmarks business confidence data due tomorrow for further clues on the strength of the...

FxWirePro: EUR/GBP breaks above 21-DMA, good to buy on dips
Feb 26, 2020 09:59 am UTC| Technicals
The euro rallied to a near 1-week peak against the British pound as investors await developments in Brussels and London. The European Union and Britain begin their negotiations to agree a trade deal for the end of a...

FxWirePro: Gold downside capped by 200-HMA, good to buy on dips
Feb 26, 2020 09:36 am UTC| Technicals
Ichimoku Analysis (Hour chart) Tenken-Sen- $1637.90 Kijun-Sen- $1641.90 Gold has halted its bullish trend after hitting a 7-year high around $1686. The yellow metal was one of the best-performing...

FxWirePro: Silver erases previous loss against U.S. dollar, stay long only above $18.20 mark
Feb 26, 2020 09:04 am UTC| Technicals
XAG/USD is currently trading around $18.13 marks. It made intraday high at $18.19 and low at $17.98 levels. Intraday bias remains bullish till the time pair holds key support at $17.87 mark. A daily close...

FxWirePro: Aussie plunges near 11-year low amid persisting coronavirus fears
Feb 26, 2020 08:55 am UTC| Technicals
The Australian dollar plunged to a near 11-year trough as the rapid spread of the virus and its impact on global economic activities increased bets for monetary policy easing by global central banks. Investors brace...

FxWirePro: South African rand falls gradually against U.S. dollar, stay long
Feb 26, 2020 07:02 am UTC| Technicals
USD/ZAR is currently trading around 15.24 levels. It made intraday high at 15.26 and low at 15.18 levels. Intraday bias remains bullish till the time pair holds key support at 15.02 mark. A daily close...

FxWirePro: USD/INR rejects key resistance at 72.10 mark, good to sell on rallies
Feb 26, 2020 06:38 am UTC| Technicals
USD/INR is currently trading around 71.78 marks. It made intraday high at 71.89 and low at 71.71 marks. Intraday bias remains bearish till the time pair holds key resistance at 72.10 mark. Key resistances...
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