FxWirePro: USD/DKK halts 2-day losing streak, struggles to break below 200-DMA
May 27, 2020 08:52 am UTC| Technicals
The Danish Krone nudged lower after rising for two consecutive sessions as the greenback rebounded across the board. The dollar index steadied amid growing worries about the U.S. response to Chinas proposed security...
FxWirePro: Gold trades below 21- day MA, dip till $1678 likely
May 27, 2020 08:45 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- $1737.28 Kijun-Sen- $1713 Gold lost more than $25 from yesterdays high of $1735.77 on a strong global stock market. The market risk appetite gets stronger in...
FxWirePro: AUD/JPY edges higher from session lows, on track to test 200-DMA at 72.09
May 27, 2020 08:29 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY has erased early losses and has edged higher from session lows at 71.22. The pair was trading 0.09% higher on the day at 71.57 at around 08:20 GMT, scope for further...
FxWirePro: USD/JPY struggles for clear direction, extends rangebound trade below 50-DMA
May 27, 2020 07:01 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading largely rangebound on the day at 107.52 at around 06:30 GMT. The pair has been extending sideways grind and remains capped below 50-DMA resistance. Major and minor...
May 27, 2020 06:51 am UTC| Technicals
NZDUSDbroke higher overnight, targeting next stiff resistance of 0.6265 and 0.6452 levels. Interim upswings jump above DMAs, but 100-DMA caps the prevailing minor uptrend (refer daily chart). Bears are most likely to...
FxWirePro: NZD/USD consolidates previous session's gains, further upside on charts
May 27, 2020 05:18 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.15% lower on the day at 0.6187 at around 04:50 GMT, bias remains bullish. Upbeat data from China failed to strengthen the bid tone around the pro-risk New Zealand...
FxWirePro: AUD/USD tests 200-DMA resistance, break above to propel the pair higher
May 27, 2020 04:09 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD edges higher from session lows at 0.6631 and was hovering at 0.6648 at around 06:55 GMT. Aussie shows little reaction to upbeat data and was trading muted amid fading optimism on...
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