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...
May 28, 2020 06:18 am UTC| Technicals
USDCADSpinning top nudge prices below DMAs with bearish crossover, ithas been constantly dipping ever since the spinning top occurrence at 1.4512 levels, any abrupt rallies could be deceptive to struggle to get support...
FxWirePro: EUR/JPY extends gains above 110-EMA, on track to test 200-DMA at 119.24
May 28, 2020 06:05 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY extends gains above 110-EMA resistance and was trading 0.18% higher on the day at 118.75 at around 06:00 GMT. The pair is extending upside for the 4th straight session, is on...
May 28, 2020 05:20 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1729 Kijun-Sen- $1718 Gold has once again gained above $1700 due to unrest in Hong Kong has increased demand for Safe-haven. China proposed national...
FxWirePro: AUD/USD falters at 200-DMA, broad US dollar comeback weighs
May 28, 2020 05:15 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.32% lower on the day at 0.6598 at around 04:10 GMT, extending weakness for the 2nd straight session. The pair erased upbeat Australian Capex data-led gains amid...
FxWirePro: USD/JPY Daily Outlook
May 28, 2020 04:03 am UTC| Technicals
USD/JPY chart - Trading View Technical Analysis: Bias Slightly Bullish GMMA Indicator - Major and minor trend are neutral - GMMA provides no clear directional bias Ichimoku Analysis - Price action is...
FxWirePro: GBP/AUD neutral in the near-term, scope for downward resumption
May 27, 2020 19:31 pm UTC| Technicals
GBP/AUD initially gained on Wednesday, but slipped below 1.8500 as Brexit, virus deaths and negative UK rate debate darkened already gloomy outlook for the pound. Mondays holiday market has led to a tight GBP/AUD doji...
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