
FxWirePro: Copper rangebound around 110-EMA, outlook bullish
May 21, 2020 11:00 am UTC| Technicals
Copper chart - Trading View Copper was trading rangebound on the day at 2.453 at around 10:50 GMT. Price action hovers around 110-EMA as the pair consolidates previous sessions gains. GMMA indicator shows...

FxWirePro: USD/NOK retreats from 2-1/2 month low, faces resistance at 5-DMA
May 21, 2020 10:54 am UTC| Technicals
The Norwegian Krone declined after rising from four straight sessions, as the greenback rallied across the board. The greenback against a basket of currencies traded 0.1 percent up at 99.22, having touched a low of...

FxWirePro: USD/DKK halts 4-day rally, struggles to break below 200-DMA
May 21, 2020 09:58 am UTC| Technicals
The Danish Krone nudged down, retreating from a near 3-week peak hit in the prior session as the greenback rebounded from recent lows. The dollar index rebounded from 2-1/2 week trough as Sino-U.S. tensions and weak...

FxWirePro: GBPJPY holds above 200-H MA, jump till 132.60. likely
May 21, 2020 09:37 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 131.48 Kijun-Sen- 131.69 GBPJPY recovered sharply and jumped more than 50 pips on the strong Pound sterling. The jump came after better than expected UK...

FxWirePro: EUR/JPY Daily Outlook
May 21, 2020 09:22 am UTC| Technicals
EUR/JPY chart - Trading View Technical Analysis: Bias Bullish GMMA Indicator: - Major Trend: Neutral - Minor Trend: Strongly Bullish Ichimoku Analysis: - The pair is finding stiff resistance at daily...

FxWirePro: EUR/GBP cloud breakout reinforces upside in the pair, 50% Fib at 0.9085 in sight
May 21, 2020 09:02 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP has slipped lower from session highs at 0.90 and was trading at 0.8977 at around 08:50 GMT. The pair has shown a break above daily cloud, raising scope for further...

FxWirePro: DXY trades slightly higher, markets eye US data
May 21, 2020 08:26 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 99.78 Kijun-Sen- 99.72 US Dollar index has halted its 3 days of losing streak and shown a minor jump of 40 pips. The index has formed a double near 100.60...