
FxWirePro: USD/DKK plunges to 8-month low, bearish run continues
Mar 06, 2020 10:55 am UTC| Technicals
The Danish Krone rallied to an 8-month high following Januarys industrial production figures. Denmarks industrial production dropped 2.1 percent year-on-year in January, following a downwardly revised 5.7 percent fall...
FxWirePro: EUR/GBP gains on central bank stimulus expectations, faces strong resistance at 200-DMA
Mar 06, 2020 09:59 am UTC| Technicals
The euro rose, extending previous session rebound against the British pound as the euro rallied across the board on signs of likely stimulus from the European Central Bank. Sterling further weakened as money...

FxWirePro: Aussie gains despite soft retail sales figures, finds support at 10-DMA
Mar 06, 2020 08:58 am UTC| Technicals
The Australian dollar rallied, hovering towards a 2-week peak hit earlier in the week as the greenback tumbled to multi-month lows. Earlier in the day the major eased to 0.6585 on data that showed Australias January...

FxWirePro: Silver stabilizes above $17.20 mark, U.S. NFP job data in focus
Mar 06, 2020 08:29 am UTC| Technicals
XAG/USD is currently trading around $17.33 marks. It made intraday high at $17.53 and low at $17.28 levels. Intraday bias remains neutral for the moment. A daily close above $17.42 will test key resistances...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, stay long only above 6.9611 mark
Mar 06, 2020 07:18 am UTC| Technicals Investing
USD/CNY is currently trading around 6.9453 marks. It made intraday high at 6.9577 and low at 6.9367 levels. Intraday bias remains slightly neutral till the time pair holds key resistance at 6.9611 mark. A...

Mar 06, 2020 07:07 am UTC| Technicals
USD/INR is currently trading around 73.75 marks. It made intraday high at 74.46 and low at 73.70 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 74.46, 74.68, 75.10 and 75.55...

Mar 06, 2020 06:34 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 109.86 Kijun-Sen- 108.98 USDJPY continues to trade lower for 2nd consecutive week and lost nearly 600 pips. The outbreak of coronavirus to all major...