
FxWirePro: GBPJPY recovers from low of 130.66, good to sell on rallies
May 07, 2020 07:39 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 131.65 Kijun-Sen- 132.86 GBPJPY is trading lower for 2nd consecutive days on Pound sterling weakness. The pair has formed a minor top 135.45 on Apr 30th,...

FxWirePro: NZD/USD hovers around 21-EMA, Kiwi extends gains on upbeat China's trade data
May 07, 2020 06:18 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD was trading 0.49% higher at 0.6034 at around 06:10 GMT. The pair is consolidating break below 21-EMA, scope for further downside. The antipodeans extending gains after mixed...

May 07, 2020 04:15 am UTC| Technicals
Ichimoku Analysis (1-hours Chart) Tenken-Sen- $1688. Kijun-Sen- $1695 Gold is trading in a narrow range between $1670 and $1713.70 for the past 5 days. The strong US dollar index and hopes of easing...

FxWirePro: GBP/JPY Bears Resume On Sharp Shooting Star – Trading & Hedging Setup
May 07, 2020 03:59 am UTC| Technicals
GBPJPYs interim rallies in the minor trend, has been halted at the stiff resistance zone amid major downtrend. Currently, the bears resume as the interim bulls are exhausted at the stiff resistance zone of 134 - 135...

May 07, 2020 03:02 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD is extending marginal gains in the Asian session as Aussie benefits from better than forecast Australian Trade Balance. Data released earlier today showed Australias March month...

FxWirePro: USD/JPY retraces brief dip below 106 handle, dollar bid on hopes of an economic restart
May 07, 2020 02:32 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY has erased early losses and was trading at 106.22 at around 02:15 GMT. The major has edged higher from session lows at 105.99 as US dollar resumed bids amid hopes of an economic...

FxWirePro: EUR/NZD capped by the 21-DMA, good to sell on rallies
May 06, 2020 17:37 pm UTC| Technicals
EUR/NZD gained on Wednesday but ran out of steam just slightly below 21-DMA resistance at 1.7992. Underlying trend remains bearish as longs are at-risk from deteriorating market sentiment and increased U.S.-Sino trade...