
FxWirePro: EUR/GBP consolidates above 200-DMA, scope for further recovery
Apr 07, 2020 11:44 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP shows signs of further recovery. The pair has held above 0.88 handle and was trading 0.23% higher at 0.8838 at 11:20 GMT. The pound is under pressure after reports mentioned...
FxWirePro: USD/NOK breaks below 20-EMA to hit 3-week trough
Apr 07, 2020 11:35 am UTC| Technicals
The Norwegian Krone rallied to a 3-week peak following better than expected economic data. Norways industrial production surged 5.4 percent year-on-year in February, following a 0.3 percent expansion in the previous...

Apr 07, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY has bounced off session lows at 108.67 and was trading at 109.10 at 10:40 GMT. The pairs near-term outlook has turned bullish after breakout at 200+DMA resistance on Mondays...

FxWirePro: Turkish lira retreats from its lowest level since August 2018 on coronavirus slowdown
Apr 07, 2020 09:57 am UTC| Technicals
The Turkish Lira nudged up after falling to an over 1-1/2 year trough in the prior session. The Turkish currency attempted a recovery, drawing support from an improvement in global sentiment stoked by signs that the...

Apr 07, 2020 09:29 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 111.35 Kijun-Sen- 111.23 CHFJPY is trading higher for 3rd consecutive day and jumped more than 150 pips. The jump was mainly due to mild strength in Swiss...

FxWirePro: USD/DKK halts 6-day rally, intraday bias bearish
Apr 07, 2020 08:48 am UTC| Technicals
The Danish Krone rose, halting a 6-day losing streak, as the greenback weakened against a basket of currencies. On Monday, the Danish currency fell to a 1-1/2 week low after data showed Denmarks industrial production...

FxWirePro: EURUSD breaks major trend line resistance, jump till 1.0960 likely
Apr 07, 2020 08:48 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.08020 Kijun-Sen- 1.09036 EURUSD trades higher and jumped more than 100 pips from a low of 1.07683 on a positive market mood. The number of new cases due to...