
May 14, 2020 09:51 am UTC| Technicals
AUDUSDshort-term trend: The pair has formed shooting star pattern at peaks of rallies at 0.6453 levels (refer daily chart). Consequently, bears appear to be resuming in the minor downtrend upon this bearish formation...

FxWirePro: EUR/JPY grinds lower after failure at 21-EMA resistance, outlook bearish
May 14, 2020 09:16 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading 0.23% lower on the day at 115.49 at around 09:06 GMT, after closing 0.37% lower in the previous session. The pair is extending weakness for the 3rd straight session...

FxWirePro: USD/DKK extends rebound from 1-week low, major support at 55-EMA
May 14, 2020 08:50 am UTC| Technicals
The Danish Krone declined, extending previous session losses, as the greenback surged following Federal Reserve Chairman Jerome Powells speech. The dollar rallied towards a 3-week high after Federal Reserve Chairman...

FxWirePro: USDCAD trades higher on broad-based US dollar buying, good to buy on dips
May 14, 2020 08:18 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 1.4060 Kijun-Sen- 1.40075 USDCAD has shown a massive recovery of more than 200 pips from a low of 1.39011. The surge was mainly due to broad-based US dollar...

FxWirePro: GBPJPY breaks 130.50 level, dip till 129.80 likely
May 14, 2020 06:13 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 131.20 Kijun-Sen- 131.81 GBPJPY continues to trade lower after hitting a high of 131.93 yesterday. The pair has formed a temporary top around 135.45 and...

May 14, 2020 06:06 am UTC| Technicals
AUD/USD chart - Trading View AUD/JPY was extending declines for the 3rd straight session, scope for further weakness. The pair was trading 0.45% lower on the day at 68.75 at around 05:50 GMT, after closing 0.35%...

May 14, 2020 05:16 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.15% lower on the day at 0.5982 at around 04:50 GMT, after closing 1.40% lower in the previous session. Bearish pressure builds around the kiwi and is likely to see...