FxWirePro: US Oil Short-term outlook
Mar 20, 2020 10:01 am UTC| Technicals
WTI crude oil has halted its 3-months of major sell-off and shown a minor recovery. The commodity was one of the worst-performing asset classes this year and lost more than 65% and hits the lowest level since 2002. The...
Mar 20, 2020 09:32 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY is extending gains for the 2nd straight session, trades 2.84% higher at 65.38 at around 07:40 GMT. Aussie bulls buoyed by the Australian authorities massive stimulus measures...
FxWirePro: Norwegian Krone rebounds from record lows as Norges Bank cuts rates to 0.25 pct
Mar 20, 2020 09:15 am UTC| Technicals
The Norwegian Krone retreated from record highs following Norways central bank interest rate decision. The Norges Bank cut its benchmark interest rate by 75 bps to a record low of 0.25 percent during an emergency...
FxWirePro: GBPJPY breaks minor trend line resistance, trend reversal only above 130.55.
Mar 20, 2020 09:06 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 128.28 Kijun-Sen- 127.29 GBPJPY continues to trade strong after forming a temporary bottom around 123.99. The pound sterling has shown a massive recovery of...
Mar 20, 2020 08:41 am UTC| Technicals
XAG/USD is currently trading around $12.86 marks. It made intraday high at $13.02 and low at $11.99 levels. Intraday bias remains bullish for the moment. A daily close above $12.90 will test key resistances...
FxWirePro: USD/ZAR rejects key resistance at 17.54 mark, short term trend reversal likely
Mar 20, 2020 08:29 am UTC| Technicals
USD/ZAR is currently trading around 17.16 levels. It made intraday high at 17.45 and low at 17.15 levels. Intraday bias remains bearish till the time pair holds key resistance at 17.54 mark. A daily close...
FxWirePro: USD/DKK eases from 3-year peak, good to sell on rallies
Mar 20, 2020 08:18 am UTC| Technicals
The Danish Krone nudged up, retreating from an over 3-year trough hit in the previous session as the greenback plunged from recent highs. USD/DKK is trading 0.9 percent down at 6.9218, having hit high of 7.0150...
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