
FxWirePro: EUR/GBP shows signs of exhaustion, break below 55H EMA to see further weakness
Mar 17, 2020 10:52 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading largely rangebound at 0.9106 at around 10:35 GMT. The pair is showing signs of exhaustion after the bull run and weak German ZEW further weighs down the pair. The...

FxWirePro: Major pair levels and bias summary
Mar 17, 2020 10:51 am UTC| Technicals
Major pair levels and bias...

FxWirePro: USD/NOK rallies towards record peak, likely to break above 10.4000
Mar 17, 2020 10:50 am UTC| Technicals
The Norwegian Krone declined, hovering towards record lows hit in the previous session, as nervous traders stuck with the most liquid currency amid very fragile sentiment USD/NOK trades 0.8 percent higher at 10.3564,...

FxWirePro: EURUSD declines sharply on weak German ZEW sentiment, good to sell on rallies
Mar 17, 2020 10:29 am UTC| Technicals
EURUSD has once declined after showing a jump above the 1.1200 level. Short term trend is weak as long as resistance 1.1250 holds. The weak German ZEW has further dragged EURUSD down. It came at -49.5% in Mar vs -26.4% and...

FxWirePro: USDCAD holds above 1.4000 level, good to buy on dips
Mar 17, 2020 09:51 am UTC| Technicals
USDCAD surged after a minor consolidation and jumped sharply above 1.4000 level. The dip in crude oil prices and the spread of coronavirus is putting pressure on the Canadian dollar. The overall trend is still on the...

FxWirePro: Silver falls in European hours, good to sell on rallies
Mar 17, 2020 09:41 am UTC| Technicals
XAG/USD is currently trading around $12.30 marks. It made intraday high at $13.24 and low at $12.21 levels. Intraday bias remains bearish for the moment. A daily close above $12.90 will test key resistances...

FxWirePro: USD/DKK struggles to break above 6.7600, faces resistance at 21-DMA
Mar 17, 2020 09:35 am UTC| Technicals
The Danish Krone eased, hovering towards a near 2-week trough hit last week, as the greenback rebounded across the board. U.S. President Donald Trump urged Americans to halt most social activities for 15 days and not...