
FxWirePro: GBP/AUD repeatedly capped by 55 DMA, vulnerable to more downside
Apr 21, 2020 15:22 pm UTC| Technicals
GBP/AUD dipped on Tuesday, as economic fallout from the lockdown and Brexit concerns weighed on British pound. The government declared the lockdown that has paralysed much of Britains economy, impact on the economic...

FxWirePro: EUR/AUD gains some upside momentum but still bearish
Apr 21, 2020 14:35 pm UTC| Technicals
EUR/AUD recovered some ground on Tuesday, as investors awaited a key European Union summit later this week. Selling pressure has remained on euro, after euro zone politicians failed to agree to jointly issue debt to...

FxWirePro: CHFJPY takes support near trend line, jump till 112 likely
Apr 21, 2020 14:21 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 111.01 Kijun-Sen- 111.08 CHFJPY has taken support near trend line and shown a more than 80 pips jump till 111.33. The sudden jump in this pair came after a...

FxWirePro: EUR/SEK breaks above 21-DMA, jump till 10.9650 likely
Apr 21, 2020 11:56 am UTC| Technicals
The Swedish Krona declined, hovering further away from a 1-month peak recorded last week despite better-than-expected unemployment data. Swedens jobless rate fell to 7.1 percent in March from 7.7 percent in the same...

Apr 21, 2020 11:40 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.46% lower on the day at 116.34 at around 11:30 GMT. The pair hit fresh monthly lows at 116.22 before paring some losses, bias strongly bearish. JPY stays...

Apr 21, 2020 11:23 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading 0.55% higher on the day at 0.8779 at around 11:00 GMT. Price action has shown a break above 200-DMA raising scope for further upside. The shared currency buoyed...

FxWirePro: USD/NOK hits 3-1/2 week peak, outlook remains bullish
Apr 21, 2020 10:55 am UTC| Technicals
The Norwegian Krone plunged to a 3-1/2 week low after a Reuters poll showed Nordic nations face some of their worst economic downturns on record this year as the coronavirus pandemic shuts down many...