
FxWirePro: Major pair levels and bias summary
Mar 16, 2020 11:52 am UTC| Technicals
Major pair levels and bias...

FxWirePro: USD/TRY rallies to 6-month peak, likely to break above 6.4000
Mar 16, 2020 11:49 am UTC| Technicals
The Turkish Lira declined to a new 6-month low as investors increased their bets on deeper cuts to interest rates to soften the impact of the coronavirus on economic activity. The Central Bank of the Republic of...

FxWirePro: Sell USDCHF on rallies
Mar 16, 2020 11:38 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 0.94826 Kijun-Sen- 0.94265 USDCHF showed a massive recovery of more than 350 pips after a sell-off of 650 pips. The decline due to the outbreak of...

FxWirePro: Norwegian Krone hits fresh record low as dust settles on Norges Bank rate cut
Mar 16, 2020 11:10 am UTC| Technicals
The Norwegian Krone plunged to fresh record lows as global central banks aggressive policy steps aimed at cushioning the economic impact from the coronavirus had only limited success in calming panicky investors. On...

FxWirePro: USDCAD Daily Outlook
Mar 16, 2020 11:09 am UTC| Technicals
USDCAD has shown a roller coaster ride in the past two days. The pair hits low of 1.37288 after Fed cuts rates to zero and injected $700 billion by the purchase of Treasury bonds and mortgage-backed securities. Loonie once...

FxWirePro: Copper plunges over 4.5% on dismal China data, breaks below 2.40 mark
Mar 16, 2020 10:42 am UTC| Technicals
Copper chart - Trading View Copper dives lower on the day, crashes over 4.5% to hit multi-year lows below 2.40 mark. XCU/USD was trading 4.88% lower at 2.370 at around 10:30 GMT, bias strongly bearish. Economic...

Mar 16, 2020 10:31 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 112.16 Kijun-Sen- 111.93 CHFJPY has shown a minor recovery from a low of 111.66 on the strong Swiss franc. The jump was due to strong Swiss franc,...