
FxWirePro: EUR/JPY pauses upside at 21-EMA resistance, single currency on the defensive
Apr 08, 2020 10:01 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY has halted 3 straight sessions of gains and was trading 0.10% lower at 118.28 at around 09:45 GMT. The single currency under pressure after Eurogroup fails to agree on a common...

FxWirePro: Silver remains well supported above $15.00 mark, U.S. FOMC meeting minutes in focus
Apr 08, 2020 09:56 am UTC| Technicals
XAG/USD is currently trading around $15.13 marks. It made intraday high at $15.14 and low at $14.86 levels. Intraday bias remains bullish for the moment. A daily close above $15.02 will test key resistances...

Apr 08, 2020 09:55 am UTC| Technicals
The Turkish Lira plunged to an over 1-1/2 year trough as Turkeys Covid-19 infection rate rose fastest in the world. Turkeys number of coronavirus infections climbed by more than 3,000 a day, reaching 30,217 since the...

FxWirePro: USDCAD Daily Outlook
Apr 08, 2020 09:37 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.40440 Kijun-Sen- 1.41215 USDCAD recovered sharply from a 1-week low of 1.39449 made yesterday. The jump was mainly due to a slight recovery in the US...

FxWirePro: CHFJPY takes support near trend line, good to buy on dips
Apr 08, 2020 09:33 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 111.97 Kijun-Sen- 111.94 CHFJPY has declined sharply to more than 80 pips from a high of 112.48. The slight jump in yen especially against USD is putting...

FxWirePro: USD/DKK finds support at 21-EMA, likely to break above 6.9000
Apr 08, 2020 08:57 am UTC| Technicals
The Danish Krone eased, reversing some of its previous session gains as the greenback firmed against a basket of currencies. On Tuesday, the pair retreated from a 1-1/2 week peak hit earlier in the week, to close 0.9...

FxWirePro: GBPJPY upside capped by 200-4HMA, good to sell on rallies
Apr 08, 2020 08:31 am UTC| Technicals
Ichimoku Analysis (4 hourly chart) Tenken-Sen- 133.94 Kijun-Sen- 133.73 GBPJPY has once again declined after hitting a high of 134.97. Short term trend is neutral as long as resistance 134.85 (200-H MA) holds. The...