May 28, 2020 10:40 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP was trading 0.09% higher on the day at 0.8981 at around 10:30 GMT. The pair was extending previous sessions gains and technical studies support further upside. Possibility of...
FxWirePro: NZD/USD rangebound around 110-EMA, concerns about worsening US-China relations cap upside
May 28, 2020 10:22 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading largely rangebound on the day at 0.6184 at around 10:08 GMT. 110-EMA is offering stiff resistance at 0.6183 and back-to-back Doji formations on the daily candles...
FxWirePro: Sell GBPJPY on rallies
May 28, 2020 10:09 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 132.31 Kijun-Sen- 131.85 GBPJPY has once recovered slightly after forming a bottom near trend line support at 131.63. The pound sterling is trading weak...
FxWirePro: USD/TRY breaks above 7-EMA, jump till 6.8149 likely
May 28, 2020 09:53 am UTC| Technicals
The Turkish Lira declined, hovering away from a 6-1/2 week peak hit earlier in the weak, as the greenback steadied against a basket of currencies. The dollar gained as tensions between the United States and China over...
FxWirePro: USDCAD forms double bottom near 1.3730, jump till 1.3850 likely
May 28, 2020 09:05 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.37751 Kijun-Sen- 1.38881 USDCAD formed a notable bottom at 1.37276 and shown a nice recovery till 1.38220. The sellers got exhausted and struggled to...
FxWirePro: Danish Krone retreats from 2-month peak as business confidence deteriorates
May 28, 2020 08:57 am UTC| Technicals
The Danish Krone retreated from a 2-month peak as the greenback rebounded from multi-week lows. The dollar index steadied after Assistant Secretary of State for East Asia, David Stilwell, stated that U.S. President...
FxWirePro: EURUSD struggles to close above 200-day MA, good to buy on dips
May 28, 2020 08:14 am UTC| Technicals
Ichimoku Analysis (8-hour chart) Tenken-Sen- 1.09530 Kijun-Sen- 1.09176 EURUSD has once jumped above 1.1000 levels after a minor dip till 1.09558. The European Commission proposed a coronavirus...
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