
FxWirePro:GBP/AUD respects trendline resistance, trend remains to the downside
Apr 22, 2020 17:38 pm UTC| Technicals
GBP/AUD initially dipped on Wednesday, but recovered some ground as traders bought back British pound. The pair hovers below trendline at 1.9565. Lack of a sustained close above trendline hint renewed downside on the...

FxWirePro: USDCHF downside capped by 200-H MA, good to buy on dips
Apr 22, 2020 17:17 pm UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 0.96940 Kijun-Sen- 0.96940 USDCHF has taken support near 200-H MA and shown a good recovery of more than 50 pips on broad-based US dollar buying. US dollar...

FxWirePro:EUR/AUD stuck in range, choppy price action persists
Apr 22, 2020 14:42 pm UTC| Technicals
EUR/AUD traded in tight range on Wednesday as markets were on the defensive as worries about further turmoil in the energy sector kept investors cautious. The pair is approaching to test the 1.6989 (23.6% fib) support...

FxWirePro: EUR/SEK halts 2-day rally, struggles to break below 7-EMA
Apr 22, 2020 12:10 pm UTC| Technicals
The Swedish Krona nudged up, retreating from a near 2-week low recorded in the prior session. On Tuesday, the pair broke above major resistance 21-DMA but failed to regain the 11.000 level. EUR/SEK trades 0.3...

FxWirePro: USD/JPY confined to narrow ranges, bias neutral
Apr 22, 2020 11:07 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.06% lower on the day at 107.68 at around 10:35 GMT, after closing 0.14% higher in the previous session. The pair is extending sideways below 200-DMA, bias remains...

FxWirePro: USD/NOK held firm near 3-1/2 week peak, likely to test 10.7000
Apr 22, 2020 10:57 am UTC| Technicals
The Norwegian Krone consolidated near a 3-1/2 week low hit in the prior session as oil slumped to less than $16 a barrel, hitting its lowest since mid-1999. International benchmark Brent crude was trading 0.6 percent...

FxWirePro: GBPJPY trades above 200-H MA, jump till 134 likely
Apr 22, 2020 10:38 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 133.07 Kijun-Sen- 133.42 GBPJPY has recovered more than 100 pips due to a sudden surge in Pound sterling. GBP jumped more than 100 pips, especially against...