
FxWirePro: USDCAD trading weak after failed to break 2016 high, good to sell on rallies
Mar 24, 2020 12:34 pm UTC| Technicals
USDCAD has halted its 3-1/2 month bullish trend and trading slightly weak. The pair was one of the best performers this year and jumped more than 13% on dismal crude performance. WTI crude lost more than 70% in the past...

FxWirePro: EUR/SEK consolidates above 11.000, likely to resume weakness
Mar 24, 2020 12:22 pm UTC| Technicals
The Swedish Krona consolidated within narrow ranges as the euro trimmed gains on weak PMIs. Eurozone business activity slumped, with IHS Markits eurozone composite flash PMI plummeting to a record low of 31.4 from...

FxWirePro: AUD/JPY extends gains for the 4th straight session, eyes 21-EMA at 67.38
Mar 24, 2020 12:15 pm UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 1.22% higher on the day at 65.58 at 11:45 GMT, after closing 0.81% higher in the previous session. The pair was extending gains for the 4th straight session, bias is...

Mar 24, 2020 11:43 am UTC| Technicals
EURGBPminor trend has taken off rallies above 7 21-DMAs but now seems to be exhausted as both leading oscillators (RSI Stochastic curves) signal overbought pressures. A five big figure range over the last couple of...

FxWirePro: USD/TRY retreats from 18-month peak, halting a 4-day rally
Mar 24, 2020 11:32 am UTC| Technicals
The Turkish Lira rebounded from 18-month low as the greenback eased across the board. On Monday, the Federal Reserve rolled out an array of programmes including backing for the first time corporate bond...

FxWirePro: EUR/JPY tests 200-DMA, decisive break above to see further upside
Mar 24, 2020 11:26 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY is extending gains for the 4th straight session, tests 200-DMA at 120.03. The pair was trading 0.78% higher on the day at 120.17 at 11:05 GMT, bias is turning slightly...

FxWirePro: CHFJPY downside capped by 200-4H MA, good to buy on dips
Mar 24, 2020 11:03 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 112.53 Kijun-Sen- 112.54 CHFJPY has recovered sharply after taking a near trend line. The sudden weakness in Yen due to short covering has supported pair at...