FxWirePro: South Korean won rises in early Asia after mixed economic data
Mar 31, 2020 02:16 am UTC| Technicals
EUR/KRW is currently trading around 1,345 mark. It made intraday high at 1,351 and low at 1,342 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,351 mark. A sustained...
FxWirePro:EUR/AUD attracts selling interest, vulnerable to more downside
Mar 30, 2020 18:20 pm UTC| Technicals
EUR/AUD declined on Monday as investors braced for prolonged uncertainty to fight the coronavirus. Fears mounted that the global coronavirus shutdown could last for months. At GMT 18:10, the pair was trading 0.80%...
FxWirePro: USDCAD recovers sharply on weak crude oil price, good to buy on dips
Mar 30, 2020 17:33 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.43075 Kijun-Sen- 1.42260 USDCAD showed a nice recovery of more than 200 pips on weak Crude oil prices. WTI crude oil has gone below $20 and hits the lowest level in 18...
FxWirePro: Swedish Krona extends losses on deeper recession fears
Mar 30, 2020 13:06 pm UTC| Technicals
The Swedish Krona declined, extending losses for the fourth straight session amid growing concerns that the Swedish economy faces a deeper recession than in the 2008/09 financial crisis. The economy is expected to...
FxWirePro: Sell EURUSD on rallies
Mar 30, 2020 12:30 pm UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.10505 Kijun-Sen- 1.09468 EURUSD is trading lower after hitting a high of 1.11476. The pair pared most of the gains made the previous week. The massive...
FxWirePro: Daily Commodity Tracker - 30th March, 2020
Mar 30, 2020 12:08 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major and minor trend - Strongly bearish Oscillators: Oversold (no sign of reversal) Bollinger Bands: Widening on Daily, Weekly and Monthly charts Intraday High/Low:...
FxWirePro: USD/TRY hits 1-week peak on CBRT's latest COVID-19 measures
Mar 30, 2020 11:58 am UTC| Technicals
The Turkish Lira plunged to a 1-week low after the Turkish bank cuts credit card costs in the latest COVID-19 step. Turkeys central bank lowered the maximum interest rates that banks can charge on credit card debtto...
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