
Feb 10, 2020 10:32 am UTC| Technicals
AlthoughNZDJPYshows interim rallies, these rallies can be deceptive as the bearish momentum has continued. The decline in January could extend below 70.00 if the coronavirus epidemic persists. Event risk during the next...

FxWirePro: USD/NOK fails to sustain gains above 9.3000, dip till 9.2144 likely
Feb 10, 2020 10:21 am UTC| Technicals
The Norwegian Krone rebounded from all-time lows, following the release of better-than-expected inflation figures. Norways annual inflation rate increased to 1.8 percent in January from 1.4 percent in the previous...

Crypto Technicals: LTC/USD poised for minor correction, major trend remains strongly bullish
Feb 10, 2020 09:36 am UTC| Digital Currency Technicals
LTC/USD chart - Trading View Exchange - Coinbase Technical Analysis: Bias Bullish GMMA Indicator: Major Trend - Bullish; Minor Trend - Bullish Overbought/ Oversold Index: Overbought Volatility:...

FxWirePro: EUR/GBP extends losses on UK-EU trade deal hopes, finds support at 10-DMA
Feb 10, 2020 09:31 am UTC| Technicals
The euro slightly edged lower against the British pound amid hopes that a deal will be struck before the end of the year to avoid a potentially disruptive break in trading relations. However, the downside in the...

FxWirePro: USDCHF trades above 0.9766 level, jump till 0.9845 likely
Feb 10, 2020 08:40 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.97612 Kijun-Sen- 0.97184 USDCHF is trading higher for 6-week and jumped more than 150 pips. The surge in bond yield and upbeat US jobs data is supporting the dollar...

FxWirePro: Silver moves in rigid boundaries, good to sell on rallies
Feb 10, 2020 08:13 am UTC| Technicals
XAG/USD is currently trading around $17.74 marks. It made intraday high at $17.78 and low at $17.68 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.90 mark. A daily close...

FxWirePro: Aussie rebounds from decade-low following upbeat Chinese PPI
Feb 10, 2020 08:07 am UTC| Technicals
The Australian dollar surged after tumbling to a decade-low in the previous session as the spreading coronavirus outbreak hit demand in China. The major attempted a minor recovery after data showed Chinas producer...