FxWirePro: USDCAD trades above 1.4000 levels on strong crude oil price, good to buy on dips
May 25, 2020 17:00 pm UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 1.39971 Kijun-Sen- 1.39575 USDCAD has declined after showing a minor jump above 200-4H MA. The crude oil prices recovered after a dip to $30.69. But upside...
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
May 25, 2020 15:09 pm UTC| Technicals
EUR/AUD declined on Monday as pair was sold on US-China jitters. US-China trade tensions is likely to keep EUR/AUD below 1.6846 (30 DMA), A break under 1.6556 would unmask 1.6403 level in the short term. Technical...
FxWirePro: EURUSD trades flat on thin liquidity, good to sell on rallies
May 25, 2020 14:25 pm UTC| Technicals
Candlestick pattern-Shooting star Ichimoku Analysis (Daily chart) Tenken-Sen- 1.08917 Kijun-Sen- 1.08732 EURUSD showed a minor recovery above 1.0900 on upbeat German IFO data. It came at 79.5 in May better than...
FxWirePro: USD/SEK breaks above 200-DMA, intraday bias bullish
May 25, 2020 12:52 pm UTC| Technicals
The Swedish Krona declined following the release of the worse-than-expected unemployment rate. Swedens jobless rate rose to 8.2 percent in April from 6.8 percent in the same month of the previous year, as the...
FxWirePro: Daily Commodity Tracker - 25th May, 2020
May 25, 2020 12:01 pm UTC| Technicals
Daily Commodity Tracker WTI (US OIL): Daily trend - Neutral Previous Week High/Low: 34.64/ 29.59 Previous Day High/Low: 33.98/ 30.73 GOLD (XAU/USD): Daily trend - Neutral Previous Week High/Low:...
FxWirePro: AUD/NZD holds 21-EMA support, 'Hammer' formation raises scope for upside
May 25, 2020 11:42 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD was trading 0.13% higher on the day at 1.0726 at around 11:30 GMT after closing 0.08% lower in the previous session. The pair has bounced off 21-EMA support and Hammer formation...
FxWirePro: USD/NOK extends gains, outlook remains bullish
May 25, 2020 11:27 am UTC| Technicals
The Norwegian Krone declined, extending losses for the third straight session. as the greenback rose against a basket of currencies.and crude oil prices eased. Crude oil prices declined on concerns over rising...
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