FxWirePro: USD/JPY trades sideways along 55-EMA resistance, 200-DMA breakout to accelerate gains
May 21, 2020 05:56 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading marginally higher on the day at 107.70, up 0.18% at around 05:45 GMT. The latest FOMC minutes on Wednesday provided no clues. Minutes reiterated support for the...
FxWirePro: Gold trades slightly lower on strong global stock market, good to buy on dips
May 21, 2020 05:32 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1728.69 Kijun-Sen- $1713.30 Gold has shown minor dip till $1737 from high of $1754 made yesterday. The global stock market recovered sharply after positive developments...
FxWirePro: NZD/USD slips lower, antipodeans under pressure amid escalating US-China tensions
May 21, 2020 05:11 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.32% lower on the day at 0.6122 at around 05:00 GMT. The pair has paused 3 straight session of gains, bias remains bullish. Fonterras downbeat earnings dents kiwi....
FxWirePro: AUD/USD on the defensive following dovish comments by RBA's Lowe
May 21, 2020 04:31 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was extending losses as Aussie depressed across the board following dovish comments by RBAs Lowe. Reserve Bank of Australias (RBA) governor Lowe said the bank remains ready to...
FxWirePro:EUR/NZD cracks key support, vulnerable to more downside
May 20, 2020 19:17 pm UTC| Technicals
EUR/NZD declined to as low as 1.7849 on Wednesday after breaking the 1.7944 ( 38.2% fib)on the daily chart. EUR/NZD traded to 1.8007 earlier in Asian session. It has eased from the highs and is currently around 1.7867...
FxWirePro: GBP/AUD remains weak, bears plotting path toward 1.8460
May 20, 2020 17:11 pm UTC| Technicals
GBP/AUD nears session low at 1.8536 after trading 1.8669 earlier. Downtrend is being helped by broad unwinding of short trades. The pair is expected to trade lower in the short-term , Psychological level 1.8500 is...
FxWirePro: Major pair levels and bias summary
May 20, 2020 16:21 pm UTC| Technicals
Major pair levels and bias...
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