
FxWirePro: USD/DKK hovers towards 2-week low, finds support at 200-DMA
May 20, 2020 08:55 am UTC| Technicals
The Danish Krone rose, hovering towards a near 3-week peak hit in the prior session following better-than-expected consumer confidence figures. Denmarks consumer confidence index increased to -8.8 in May, due to an...

May 20, 2020 08:54 am UTC| Technicals
EURUSDhas attempted for recovery rallies several times in the recent time past, but frequent shooting star patterns pop-up at 100-DMA to cap the interim uptrend and drag major downtrend. While both leading lagging...

FxWirePro: AUD/JPY breaks above 110-EMA, outlook bullish
May 20, 2020 06:30 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY has broken above 110-EMA resistance, raising scope for further upside. The pair was trading 0.18% higher on the day at 70.506 at around 06:20 GMT, after closing 0.52% higher in...

FxWirePro: EUR/JPY extends winning streak for the 3rd straight session, eyes 110-EMA at 118.44
May 20, 2020 06:06 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading 0.26% higher on the day at 117.93 at around 05:45 GMT after closing 0.45% higher in the previous session. The pair is extending a winning streak for the 3rd straight...

FxWirePro: GBPJPY holds above 132 level, jump till 133.18 likely
May 20, 2020 05:19 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 132 Kijun-Sen- 131.64 GBPJPY trades higher and broken significant resistance 132 on weak yen. The demand for riskier assets has slightly increased in...

FxWirePro: Gold downside capped by 7-day EMA, good to buy on dips
May 20, 2020 05:13 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1724.50 Kijun-Sen- $1713.30 Gold recovered more than $25 after hitting a low of $1726.62. The weak US dollar and fear of the second round of coronavirus is...

FxWirePro: USD/JPY finds stiff resistance at 110-EMA (108.10), break above to see further upside
May 20, 2020 04:55 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading 0.10% higher on the day at 107.80 at around 04:30 GMT. The pair is extending break above daily cloud and we see scope for further upside. Reuters Tankan survey...