
FxWirePro: USD/JPY extends weakness amid fresh risk-off, retraces below 111 handle
Mar 26, 2020 03:14 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY was trading 0.40% lower on the day at 110.75 at 02:50 GMT, after closing largely unchanged in the previous session. Downside in the pair gathers pace amid fresh risk-off, price...

FxWirePro: Singapore dollar trade marginally lower as GDP data misses expectations
Mar 26, 2020 02:37 am UTC| Technicals
USD/SGD is currently trading around 1.4508 marks. It made intraday high at 1.4509 and low at 1.4469 levels. Intraday bias remains bullish till the time pair holds key support at 1.4444 mark. A daily close...

FxWirePro: EUR/KRW hovers around 1,340 mark, bias remains neutral
Mar 26, 2020 02:25 am UTC| Technicals
EUR/KRW is currently trading around 1,339 mark. It made intraday high at 1,341 and low at 1,336 levels. Intraday bias remains neutral till the time pair holds key support at 1,318 mark. A sustained close...

FxWirePro: US dollar index forms double top around 103, good to sell on rallies
Mar 25, 2020 17:05 pm UTC| Technicals
Chart pattern- Double top DXY has formed double top around 103 and declined nearly on 200 pips The sentiment gets boosted as US senate agreed with White house on a $2tn corona package. This has decreased demand for...

FxWirePro: USDCAD breaks minor trend line support, dip till 1.4000 likely
Mar 25, 2020 17:02 pm UTC| Technicals
As per our analysis, USDCAD is trading weak after a jump for 3-1/2 months. The pair surged more than 13% this year on account of major sell-off in crude oil prices.WTI crude recovered more than 20% from a low of $20.58....

FxWirePro: Turkish lira hits 1-week peak on CBRT's aggressive measures to support markets
Mar 25, 2020 11:52 am UTC| Technicals
The Turkish Lira rallied to a 1-week peak after the U.S. Congress agreed an economic stimulus bill to alleviate the coronavirus impact. Turkey rolled out more measures to cushion the blow to its economy, while data...

FxWirePro: USD/NOK eases on Norges bank's warning, likely to break below 10-DMA
Mar 25, 2020 11:22 am UTC| Technicals
The Norwegian Krone rallied, extending gains for the third straight session as Norges bank pledged to intervene in currency markets. Norways central bank sent a warning to markets, threatening to in intervene in...