
FxWirePro:EUR/NZD extends gains, critical resistance at lies ahead
May 15, 2020 15:46 pm UTC| Technicals
EUR/NZD rose on Friday as traders remained long on optimism over the reopening of major economies. EUR/NZD has seen a more impulsive move higher, breaking above 55 DMA (1.8121) to face next hurdle at 1.8346 (38.2...

FxWirePro:GBP/NZD retreats after failing to break 50% retracement, good to sell on rallies
May 15, 2020 14:48 pm UTC| Technicals
GBP/ NZD trickled lower on Friday as concerns on 2nd virus wave and rising U.S.-China tensions added to negative mood. The pair failed to breach resistance at 2.0463 ( 50% fib) and dipped towards 2.0366 level . A break...

FxWirePro: GBP/AUD heads deeper into bear territory, bears plotting path toward 1.8700
May 15, 2020 14:05 pm UTC| Technicals
GBP/AUD declined on Friday as Brexit risks and a coronavirus-induced economic slowdown weighed on GBP. The is pair heading towards the lower bollinger band, as the UK news turns more negative. Only a break and daily...

FxWirePro: DXY struggles to close above 100.50, good to sell on rallies
May 15, 2020 13:50 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 100.35 Kijun-Sen- 100.07 US Dollar index has once again declined after hitting a high of 100.49 due to weak US retail sales. US retail sales declined...

FxWirePro: Sell GBPJPY on rallies
May 15, 2020 13:36 pm UTC| Technicals
Ichimoku analysis (1-hour chart) Tenken-Sen- 130.50 Kijun-Sen- 130.70 GBPJPY continues to trade lower after hitting a high of 131.41 yesterday. The intraday trend of pair is still bearish as long as...

FxWirePro: FTSE100 upside capped by trendline resistance, good to sell on rallies
May 15, 2020 13:32 pm UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 5883 Kijun-Sen- 5953 FTSE100 declined sharply after showing a minor jump above the 6000 levels. The decline came after the US Fed chairmans opinion about...

FxWirePro: Daily Commodity Tracker - 15th May, 2020
May 15, 2020 13:05 pm UTC| Technicals
Daily Commodity Tracker WTI (US OIL): Daily trend - Turning Bullish Previous Week High/Low: 27.95/ 19.70 Previous Day High/Low: 28.24/ 25.59 GOLD (XAU/USD): Daily trend - Strongly bullish Previous Week...