
FxWirePro: USD/NOK slumps to 1-1/2 week trough, outlook remains bearish
Apr 29, 2020 10:53 am UTC| Technicals
The Norwegian Krone rallied to a 1-1/2 week peak, as the greenback declined against a basket of currencies. The greenback weakened as firmer stock markets prompted investors to seek higher-yielding currencies before...

FxWirePro: Silver trades flat ahead of U.S. FOMC interest rate decision
Apr 29, 2020 10:43 am UTC| Technicals
XAG/USD is currently trading around $15.21 marks. It made intraday high at $15.26 and low at $15.09 levels. Intraday bias remains neutral till the time pair holds key resistance at $15.25 mark. A daily close...

FxWirePro: AUD/JPY capped below 70 mark, Aussie struggles to extend upbeat CPI led gains
Apr 29, 2020 10:07 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY erased early gains and was trading largely muted at 69.39 at around 09:55 GMT. The pair is struggling to extend gains despite upbeat Australia inflation data released earlier...

FxWirePro: USD/TRY steadies below 1-1/2 year peak, investors await next catalyst
Apr 29, 2020 09:51 am UTC| Technicals
The Turkish Lira continued to consolidatenear a 1-1/2 year low hit last week after Bloomberg reportedthe central banks net foreign reserves fell to their lowest level since May 2019. Turkeys central bank has exhausted...

FxWirePro: AUD/USD Staged For 1M-Highs But 100-DMA & 7-EMAs Likely To Cap – Trading & Hedging Setup
Apr 29, 2020 09:45 am UTC| Technicals
AUDUSDshort-term trend: The pair has formed shooting star pattern at peaks of rallies at 0.6526 levels (refer intraday chart, 4H). Consequently, bears appear to be resuming in the minor downtrend upon this bearish...

FxWirePro: USD/DKK hovers towards 1-1/2 week low, good to sell on rallies
Apr 29, 2020 08:59 am UTC| Technicals
The Danish Krone gained, hovering towards an over 1-week peak hit in the prior session. The dollar declined against a basket of currencies, nearing a two-week low, ahead of the outcome of a U.S. Federal Reserve...

FxWirePro: USD/CNY consolidates around 7.08 mark, stay neutral
Apr 29, 2020 08:15 am UTC| Technicals
USD/CNY is currently trading around 7.0760 marks. It made intraday high at 7.0808 and low at 7.0707 levels. Intraday bias remains neutral till the time pair holds key support at 7.0666 mark. A sustained...