FxWirePro: AUD/USD extends weakness after Fitch revises Australia's rating outlook to negative
May 22, 2020 04:12 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD is extending weakness for the 2nd straight session, trades 0.36% lower after closing 0.51% lower in the previous session. Weakness in the pair has gathered pace after Fitch...
May 22, 2020 03:51 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading range bound on the day at 107.53 at around 03:30 GMT, intraday bias neutral. BOJs inaction during the early Friday left trades unimpressed. The Japanese central bank...
May 22, 2020 03:16 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1728.69 Kijun-Sen- $1713.30 Gold lost more than $30 yesterday on profit booking as investors felt safe to sit on cash. The uncertainty due to US-China...
FxWirePro: GBP/AUD rallies above 1.8600 but reversal is likely
May 21, 2020 17:47 pm UTC| Technicals
GBP/ AUD staged a sharp recovery on Thursday as reduced COVID-19 angst helped sterling brush aside Brexit doubts. GBP/AUD rallied just shy of 5 DMA resistance at 1.8670 in Asian session but retraced lower in New York...
FxWirePro: EURUSD Daily Outlook
May 21, 2020 16:49 pm UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 1.08870 Kijun-Sen- 1.08732 EURUSD was trading higher in European session after a better than expected Eurozone PMI data. It came at 39 in May, jumped from an...
FxWirePro: GBP/NZD gains some upside momentum but still bearish
May 21, 2020 16:33 pm UTC| Technicals
GBP/NZD recovered some ground on Thursday and is back above 2.0000 Psychological level. The pair hit daily high at 2.0031 and was last trading at 2.0004 at (GMT 16:31). The pair is expected to resume its downtrend,...
FxWirePro: FTSE100 recovers on better than expected UK PMI data, good to buy on dips
May 21, 2020 15:40 pm UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 5883 Kijun-Sen- 5953 FTSE100 recovered sharply from a low of 5938 made yesterday. The Manufacturing PMI for May came at 40.6 vs forecast 35.1, better than...
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