FxWirePro: AUD/USD Daily Outlook
May 20, 2020 10:43 am UTC| Technicals
AUD/USD chart - Trading View Technical Analysis: Bias Bullish GMMA Indicator: - Major Trend: Turning bullish - Minor Trend: Strongly bullish Ichimoku Analysis: - The pair is extending gains above daily...
FxWirePro: NZD/USD trades above 0.61 handle, focus on FOMC minutes for further impetus
May 20, 2020 10:28 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD breaks above 0.61 handle, slips lower from session highs at 0.6117. The pair was trading 0.77% higher at 0.6118 at around 10:15 GMT, after closing 0.51% higher in the previous...
FxWirePro: USDCAD forms hammer pattern, good to buy on dips
May 20, 2020 10:02 am UTC| Technicals
Chart pattern-Hammer Ichimoku Analysis (Daily chart) Tenken-Sen- 1.40197 Kijun-Sen- 1.40577 USDCAD has recovered slightly after hitting a low of 1.38660. The pair has formed a double bottom...
FxWirePro: Turkish Lira off 5-week peak despite Turkey expanding currency swap deal with Qatar
May 20, 2020 09:59 am UTC| Technicals
The Turkish Lira eased, halting a 7-day winning streak on profit-taking after rising to multi-week peaks following Qatars offer to triple FX swap line to $15 billion. Turkeys central bank stated that the deal with...
FxWirePro: USDCHF trades weak, dip till 0.9585 likely
May 20, 2020 09:01 am UTC| Technicals
Ichimoku Analysis (1-Hour chart) Tenken-Sen- 0.97036 Kijun-Sen- 0.97097 USDCHF is trading weak after a minor jump till 0.97287 and declined more than 50 pips. The pair trades in a narrow range of...
FxWirePro: USD/DKK hovers towards 2-week low, finds support at 200-DMA
May 20, 2020 08:55 am UTC| Technicals
The Danish Krone rose, hovering towards a near 3-week peak hit in the prior session following better-than-expected consumer confidence figures. Denmarks consumer confidence index increased to -8.8 in May, due to an...
May 20, 2020 08:54 am UTC| Technicals
EURUSDhas attempted for recovery rallies several times in the recent time past, but frequent shooting star patterns pop-up at 100-DMA to cap the interim uptrend and drag major downtrend. While both leading lagging...
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