
FxWirePro: USDCAD trades weak on broad-based US dollar selling, dip till 1.3700 likely
Mar 26, 2020 09:28 am UTC| Technicals
As per our analysis, USDCAD is trading weak for 2nd consecutive days and lost more than 450 pips from minor top 1.46675. The decline was mainly due to broad-based US dollar selling DXY has broken yesterdays low of 100.84...

FxWirePro: USD/DKK plunges to 1-week low, good to sell on rallies
Mar 26, 2020 09:22 am UTC| Technicals
The Danish Krone surged, extending gains for the fifth consecutive session, as the greenback declined to a 1-week low. On Wednesday, the U.S. Senate approved a $2 trillion emergency package to offset the economic...

FxWirePro: CHFJPY trades weak on strong yen, good to sell on rallies
Mar 26, 2020 09:11 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 113.43 Kijun-Sen- 112.75 CHFJPY has halted its 5 days of winning streak and declined more than 80 pips from temporary top 113.99. The strength in Yen due to...

FxWirePro: Silver hovers around $14.30 mark; U.S. final GDP, trade balance data in focus
Mar 26, 2020 09:10 am UTC| Technicals
XAG/USD is currently trading around $14.33 marks. It made intraday high at $14.53 and low at $14.16 levels. Intraday bias remains neutral for the moment. A daily close above $14.44 will test key resistances...

FxWirePro: USD/ZAR fails to find support below 17.20 mark, good to buy on dips
Mar 26, 2020 08:57 am UTC| Technicals
USD/ZAR is currently trading around 17.48 levels. It made intraday high at 17.50 and low at 17.23 levels. Intraday bias remains bullish till the time pair holds key support at 17.20 mark. A daily close...

FxWirePro: Sell USDCHF on rallies
Mar 26, 2020 08:55 am UTC| Technicals
Ichimoku Analysis (hourly chart) Tenken-Sen- 0.9788 Kijun-Sen- 0.98090 USDCHF is trading weak for 4th consecutive days and lost more than 150 pips on broad-based US dollar selling.DXY has broken...

FxWirePro: US dollar index Daily outlook
Mar 26, 2020 07:40 am UTC| Technicals
Chart pattern- Double top As per our analysis, DXY is trading weak for the past 2 trading days. It has formed a temporary top around 102.99 and lost more than 150 pips. The U.S Senate has passed a $2tn coronavirus...