
FxWirePro: Daily Commodity Tracker - 20th March, 2020
Mar 23, 2020 12:47 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:30 GMT) WTI (US OIL): Major and minor trend - Strongly bearish Oscillators: Oversold (no sign of reversal) Bollinger Bands: Widening on Daily, Weekly and Monthly charts Intraday High/Low:...

FxWirePro: EUR/JPY Bears’ Upper Hand Amid Straddling Trend – Trading & Hedging Setup
Mar 23, 2020 12:32 pm UTC| Technicals
EURJPYbears have been gaining upper hand amid the highly volatile trading sessions of late. The pair has been plummeting from the highs of 122.875 levels to the recent lows of 116.119 level. Please be noted that we had...

FxWirePro: NZD/USD resumes weakness, Kiwi vulnerable as New Zealand COVID-19 alert level raised to 3
Mar 23, 2020 11:56 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View New Zealands spike in confirmed coronavirus cases keeps the bird under pressure. NZ Prime Minister, Jacinda Kate Laurell Ardern has warned that they will be moving to COVID-19 alert level...

FxWirePro: USD/NOK retreats from record peaks, face resistance at 12.000
Mar 23, 2020 10:57 am UTC| Technicals
The Norwegian Krone nudged up, retreating from record highs hit last week. On Friday, the Norwegian currency attempted a recovery following Norway central banks decision to cut its benchmark interest rate by 75 bps...

FxWirePro: EUR/CHF finds rejection at 200H MA resistance, upside only on breakout above
Mar 23, 2020 10:25 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF faces rejection at 200H MA, slips lower from session highs at 1.0567. The pair is struggling to extend gains, was trading largely muted at 1.0542 at around 10:00 GMT. Upside...

FxWirePro: USD/DKK hit fresh 3-year peak, likely to sustain gains above 7.000 level
Mar 23, 2020 09:57 am UTC| Technicals
The Danish Krone declined to an over 3-year trough earlier in the session, weighed down by downbeat consumer confidence and risinggreenback. Denmarkss consumer confidence index dropped to 0.4 in March from 3.3 in...

FxWirePro: Silver moves in stiff boundaries, consistent close above $12.62 requires for upside rally
Mar 23, 2020 09:22 am UTC| Technicals
XAG/USD is currently trading around $12.53 marks. It made intraday high at $12.68 and low at $12.28 levels. Intraday bias remains neutral for the moment. A daily close above $12.62 will test key resistances...