
South Korean won trades marginally lower as current account data misses expectations
Mar 05, 2020 01:36 am UTC| Technicals Investing
EUR/KRW is currently trading around 1,320 mark. It made intraday high at 1,321 and low at 1,318 levels. Intraday bias remains neutral till the time pair holds key support at 1,322 mark. A sustained...

FxWirePro:EUR/AUD drops changes short term trend from neutral to bearish
Mar 04, 2020 18:33 pm UTC| Technicals
EUR/AUD initially rose in Asian session on Wednesday, but rally fizzled as concern about the impact of coronaviruson the eurozone economy weighed on euro. At GMT 18:10, the pair was trading 0.80% lower at 1.6829,...
FxWirePro:GBP/AUD dips on BoE rate cut expectation, more downside expected
Mar 04, 2020 17:23 pm UTC| Technicals
GBP/AUD declined on Wednesday, as rumours that the BoE could cut rates weighed on British pound. BoE is expected to follow Fed with rate cut this month. March 26 is the next scheduled BoE meeting, A rate cut might come...

FxWirePro:GBP/NZD gains some upside momentum but still bearish
Mar 04, 2020 16:57 pm UTC| Technicals
GBP/NZD rebounded on Wednesday, after finding support at 2.0271 (Trendline). Underlying trend remains bearish. A break below 2.0271 (Trendline) might spur fresh downward momentum. At GMT 16:54, the pair was trading...

FxWirePro: Major pair levels and bias summary
Mar 04, 2020 16:33 pm UTC| Technicals
Major pair levels and bias...

USDCHF: Bullish divergence and channel support
Mar 04, 2020 12:23 pm UTC| Technicals
Chart pattern- Bullish divergence Major support 0.9510 USDCHF has halted its 10 days of weakness and shown a lesser jump of more than 40 pips. The pair is in oversold and minor short covering till 0.9600....

FxWirePro: USD/TRY drifts away from 1-1/2 year low, intraday bias bearish
Mar 04, 2020 11:46 am UTC| Technicals
The Turkish Lira surged, hovering towards to a 3-week peak hit in the previous session. The pair broke below major support 21-EMA and continues to drift lower. USD/TRY is trading 0.2 percent down at 6.0871,...