
FxWirePro: AUD/JPY extends bounce off 21-EMA support, break above 21-EMA could fuel further gains
Apr 20, 2020 10:11 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY has ignored a Spinning Top formation on Fridays candle, was trading higher for the 3rd straight session. The pair was trading 0.43% higher on the day at 68.70 at around 10:00 GMT,...

FxWirePro: USDCAD trades lower on weak Crude oil price, good to sell on rallies
Apr 20, 2020 10:07 am UTC| Technicals
USDCAD is showing a minor weakness after a jump to 1.4100 levels. The pair lost more than 800 pips in past one month on broad-based US dollar selling. But the downside is capped due to huge sell-off in crude oil price. WTI...

FxWirePro: USD/DKK retreats from 1-1/2 week peak, likely to dip till 6.8357
Apr 20, 2020 09:51 am UTC| Technicals
The Danish Krone surged, extending previous session gains as the greenback turned lower. On Friday, the pair rose as high as 6.8998 but closed 0.35 percent lower at 6.8587. USD/DKK is trading 0.1 percent down at...

FxWirePro: Silver trades flat at $15.20 mark, stay short only below $15.02 mark
Apr 20, 2020 09:45 am UTC| Technicals
XAG/USD is currently trading around $15.19 marks. It made intraday high at $15.28 and low at $15.06 levels. Intraday bias remains neutral till the time pair holds key support at $15.02 mark. A daily close...

FxWirePro: USD/ZAR moves in stiff boundaries, faces strong resistance at 19.00 mark
Apr 20, 2020 09:36 am UTC| Technicals
USD/ZAR is currently trading around 18.78 levels. It made intraday high at 18.94 and low at 18.73 levels. Intraday bias remains neutral till the time pair holds key resistance at 19.00 mark. A daily close...

FxWirePro: Unwise To Get Trapped In EUR/JPY Deceptive Rallies – Trading & Hedging Setup
Apr 20, 2020 09:01 am UTC| Technicals
EURJPYs price slumps have been constant ever since the formation of hanging man at 120.857 levels. The minor trend breaches below channel support plummets prices below DMAs, more slumps likely as both leading lagging...

FxWirePro: Sell CHFJPY on rallies
Apr 20, 2020 08:57 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 111.21 Kijun-Sen- 111.30 CHFJPY is trading weak for the past 5 trading days and lost more than 150 pips. The decline mainly due to strong yen due to...