
FxWirePro:GBP/AUD consolidates above rising trendline,Outlook is bullish
Feb 20, 2020 17:19 pm UTC| Technicals
GBP/AUD recovered ground on Thursday, as the pair found support at 1.9303 (Trend line). Currently,the 1.9303 (Trend line) barrier is restricting lower move, will likely be a speed bump to bears. Technical signals...

FxWirePro: USDCHF faces strong resistance at 200-day MA, good to buy on dips
Feb 20, 2020 13:31 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.97921 Kijun-Sen- 0.97289 USDCHF is trading range-bound after hitting an intraday high of 0.98485. The pair was one of the best performers this month and...

FxWirePro: USD/TRY at its highest since May 2019, good to buy on dips
Feb 20, 2020 12:19 pm UTC| Technicals
The Turkish Lira plunged to a fresh 8-1/2 month low as the dust settled over Central Bank of the Republic of Turkeys monetary policy decision. The CBRT slashed its one-week repo auction rate by 50bps to 10.75 percent...

FxWirePro: USD/DKK rallies to near 3-year peak on weak Danish consumer confidence
Feb 20, 2020 11:40 am UTC| Technicals
The Danish Krone plunged to a fresh near 3-year trough following the release of downbeat consumer confidence data. Denmarks consumer confidence index declined to 3.3 in February from 4.5 in January due to...

FxWirePro: EUR/SEK at 2-week peak, intraday bias bullish
Feb 20, 2020 11:17 am UTC| Technicals
The Swedish Krona slumped to a fresh 2-week trough as investors digested worse-than-expected inflation rate. Swedens consumer price index decreased 1.40 percent in January of 2020 after posting a rise of 0.4 percent...

FxWirePro: USDCAD downside capped by 200-day MA, good to buy on dips
Feb 20, 2020 11:17 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- 1.32725 Kijun-Sen- 1.31809 USDCAD is trading weak for past 1-week and shown a minor recovery. The dip was mainly due to a surge in crude oil prices. WTI...

FxWirePro: EUR/GBP advances to 1-week peak, good to buy on dips
Feb 20, 2020 10:01 am UTC| Technicals
The euro surged to a 1-week peak against the British pound as focus returned to Britains trade talks with the European Union and government plans to boost spending. On Wednesday, a senior EU advisor stated that the...
The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen
How the US–India tariff truce boosts major Indian industries, Surat to Pharma