
FxWirePro: USD/DKK retreats from 1-week peak, major support at 200-DMA
May 26, 2020 09:46 am UTC| Technicals
The Danish Krone rose, retreating from a 1-week low hit in the prior session as the greenback declined across the board. The dollar index plunged by more than 0.5 percent amid growing optimism about a global recovery...

FxWirePro: EURUSD trades above 1.09500 levels, good to buy on dips
May 26, 2020 09:36 am UTC| Technicals
Ichimoku Analysis (4-hours chart) Tenken-Sen- 1.09152 Kijun-Sen- 1.09396 EURUSD showed an excellent recovery of more than 100 pips from yesterdays low of 1.08707 on broad-based US dollar selling. The...

FxWirePro: USDCHF trades below 200-4H MA, dip till 0.9635 likely
May 26, 2020 08:17 am UTC| Technicals
Candlestick pattern-Shooting star (May 25th, 2020) Ichimoku Analysis (4 hour chart) Tenken-Sen- 0.97193 Kijun-Sen- 0.96872 USDCHF has one again declined after showing a minor jump above the...

FxWirePro: NZD/USD Daily Outlook
May 26, 2020 08:10 am UTC| Technicals
NZD/USD chart - Trading View Technical Analysis: Bias Bullish GMMA Indicator: - Major Trend: Neutral - Minor Trend: Bullish Ichimoku Analysis: - Price action in the pair is above daily cloud, Chikou Span...

FxWirePro: GBPJPY forms inverted head and shoulder pattern, major bullishness above 132
May 26, 2020 07:46 am UTC| Technicals
Chart pattern- Inverted Head and shoulder Ichimoku Analysis (4-hour chart) Tenken-Sen- 131.34 Kijun-Sen- 131.54 GBPJPY formed almost a double bottom around 130.65 and jumped more than 150 pips...

FxWirePro: EUR/JPY retraces dip below 55-EMA, eyes 110-EMA at 118.38
May 26, 2020 06:46 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY spiked higher and was trading 0.48% up on the day at 117.87 at around 06:30 GMT. The pair has retraced dip below 55-EMA and is on track to test 110-EMA at 118.38. Improved risk...

FxWirePro: AUD/USD trades above 5-DMA, risk-on buoys antipodeans
May 26, 2020 04:46 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.45% higher on the day at 0.6572 at around 04:20 GMT, intraday bias is bullish. Antipodeans buoyed after optimism rose about a potential coronavirus vaccine. Improved...