FxWirePro :EUR/NZD rallies 1-week high, good to buy on dips
May 29, 2020 19:15 pm UTC| Technicals
EUR/NZD rose higher on Friday as euro continued to receive warm welcome from market on EU Commissions recovery proposal. EUR/NZD bulls have to contend with strong resistance at 1.7879 (38.2% fib). If EUR/NZD longs...
FxWirePro:GBP/AUD capped by the 23.6% fibonacci, good to sell on rallies
May 29, 2020 16:58 pm UTC| Technicals
GBP/AUD recovered some ground after initially falling on Friday as investors took heart from a slowdown in coronavirus-related deaths and new cases in Europe. The death toll from the virus appeared to be slowing across...
FxWirePro: Major Pair levels and bias summary
May 29, 2020 16:38 pm UTC| Technicals
Major Pair levels and bias...
FxWirePro: CHFJPY trades higher, markets eye Trump's news conference
May 29, 2020 16:27 pm UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 111.22 Kijun-Sen- 111.029 CHFJPY has taken support near 55-8H EMA and jumped more than 150 pips. The jump was mainly due to strong Swiss franc against all...
FxWirePro: CADJPY forms double top around 78.50, dip till 77 likely
May 29, 2020 16:26 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 78.14 Kijun-Sen- 77.67 CADJPY halted its 2-week of the bullish trend and lost more than 50 pips on strong yen. The pair jumped more than 400 pips on a strong...
FxWirePro: EUR/AUD set for increasing upside potential, 1.6925 a key barrier
May 29, 2020 16:06 pm UTC| Technicals
EUR/AUD rally extended towards 1.6700 on Friday as euro continued to enjoy a boost from the European Unions recovery fund proposal. Any downside correction is likely to be temporary as barrier at 1.6501 (Lower BB) is...
FxWirePro: USD/SEK plunges to 2-1/2 month low, outlook continues to remain bearish
May 29, 2020 12:24 pm UTC| Technicals
The Swedish Krona advanced to a 2-1/2 month peak following upbeat growth figures. The Swedish economy advanced 0.1 percent on quarter in the first three months of 2020, compared to an initial estimate of a 0.3 percent...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects