FxWirePro: USD/SEK breaks below 200-DMA, outlook remains bearish
May 19, 2020 12:36 pm UTC| Technicals
The Swedish Krona rallied to an over 2-month peak as the greenback eased against a basket of currencies. The dollar index declined to a 1-week low after encouraging data from a COVID-19 vaccine trial by U.S. drugmaker...
FxWirePro: Norwegian Krone jumps to 2-month high as oil steadies on signs of output cuts
May 19, 2020 12:00 pm UTC| Technicals
The Norwegian Krone advanced to an over 2-month peak as oil prices steadied on signs of output cuts. Crude oil prices held firm near recent peaks amid signs that producers are cutting output as promised while traders...
FxWirePro: Daily Commodity Tracker - 19th May, 2020
May 19, 2020 11:04 am UTC| Technicals
Daily Commodity Tracker WTI (US OIL): Daily trend - Bullish Previous Week High/Low: 29.79/ 24.81 Previous Day High/Low: 33.06/ 29.59 GOLD (XAU/USD): Daily trend - Bullish Previous Week High/Low:...
FxWirePro: Turkish Lira rallies to 5-week peak on swap deals hopes
May 19, 2020 10:59 am UTC| Technicals
The Turkish Lira advanced to a 5-week peak on a report that the country was close to signing deals for $20 billion in currency swaps with the United Kingdom and Japan. The Turkish government has been seeking help...
FxWirePro: USD/JPY edges above daily cloud, 'bullish divergence' to support further upside
May 19, 2020 10:44 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading 0.27% higher on the day at 107.59 at around 10:30 GMT. The pair has broken consolidation along 21-EMA support and is set to extend gains. Price action has broken...
FxWirepro: EUURUSD trades above 1.0950 on upbeat German ZEW, good to buy on dips
May 19, 2020 10:07 am UTC| Technicals
Ichimoku Analysis (4 Hours chart) Tenken-Sen- 1.08198 Kijun-Sen- 1.08357 EURUSD trades higher and jumped more than 50 pips after the German ZEW sentiment index. The German ZEW sentiment rose to 51 May...
FxWirePro: USD/DKK hits 2-week low, major support at 200-DMA
May 19, 2020 09:55 am UTC| Technicals
The Danish Krone rallied to a 2-week peak as the greenback extended previous session losses. The dollar slumped after encouraging results from the trial of a vaccine for COVID-19 improved sentiment. USD/DKK is...
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