
FxWirePro: USD/NOK near 1-week peak, faces resistance at 10-DMA
May 04, 2020 11:52 am UTC| Technicals
The Norwegian Krone plunged to a near 1-week low as oil prices fell and the dollar surged across the board. Investors seem to have ignored better than expected Norways manufacturing PMI figures. Norways...

FxWirePro: AUD/CHF confirms 'Death Cross' on hourly charts, scope for further downside
May 04, 2020 11:42 am UTC| Technicals Research & Analysis
AUD/CHF chart - Trading View AUD/CHF has paused 2 straight sessions of downside and was trading at 0.6178 at around 11:25 GMT. The pair finds strong support zone till 0.6165, decisive break below will see further...

FxWirePro: Sell EURUSD on rallies
May 04, 2020 11:19 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.09423 Kijun-Sen- 1.09715 EURUSD continues to trade lower after a minor jump above 1.000 level. The Safe-haven demand increased on tensions between the...

FxWirePro: USD/TRY extends rally above 7.000, intraday bias bullish
May 04, 2020 10:16 am UTC| Technicals
The Turkish Lira plunged to a fresh 1-1/2 year low as the greenback rallied against a basket of currencies. Moreover, the selling pressure around the Turkish currency intensified following the release of downbeat...

May 04, 2020 10:09 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View NZD/USD grinds lower after Shooting Star formation in the previous week dents upside. The major was trading 0.25% lower on the day at 0.6042 at around 10:00 GMT after closing 1.12% lower...

FxWirePro: USD/DKK rebounds from 1-month trough, good to buy on dips
May 04, 2020 08:51 am UTC| Technicals
The Danish Krone declined, retreating from a 1-month peak hit in the previous session as the greenback rebounded from recent lows against a basket of currencies. The dollar rallied across the board after U.S....

FxWirePro: Indian rupee rises despite lower than expected manufacturing PMI data
May 04, 2020 07:22 am UTC| Technicals
USD/INR is currently trading around 75.05 marks. It made intraday high at 75.28 and low at 74.82 marks. Intraday bias remains bearish till the time pair holds key resistance at 75.28 mark. Key resistances...