FxWirePro: USD/TRY consolidates within narrow ranges, investors await fresh catalyst
May 25, 2020 10:40 am UTC| Technicals
The Turkish Lira consolidated within narrow ranges as investors awaited the next catalyst for further direction. On Sunday, Turkeys health minister announced 32 new deaths from Covid-19, bringing the death toll in the...
FxWirePro: EUR/GBP holds cloud support, euro finds fresh buying interest post German IFO data
May 25, 2020 10:05 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP was trading 0.12% lower on the day at 0.8945 at around 09:50 GMT. The pair is extending weakness for the 3rd straight session after failure to extend gains above 0.90...
FxWirePro: USDCHF trades flat, bullishness only above 0.98025
May 25, 2020 09:46 am UTC| Technicals
Candlestick pattern-Shooting star (May 7th, 2020) Ichimoku Analysis (Daily chart) Tenken-Sen- 0.96996 Kijun-Sen- 0.96957 USDCHF is trading between 0.98027 and 0.95886 for the past 28days. The pair has...
FxWirePro: USD/DKK hits 1-week peak, struggles to break above 21-DMA
May 25, 2020 09:25 am UTC| Technicals
The Danish Krone plunged to a 1-week low as the greenback surged across the board. The dollar rallied amid growing worries about a standoff between the United States and China over civil liberties in Hong...
FxWirePro: GBPJPY Daily Outlook
May 25, 2020 08:41 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- 131.24 Kijun-Sen- 132.37 GBPJPY is trading weak after forming a minor top around 132.50 previous week. It has lost more than 150 pips. The pair is struggling to...
FxWirePro: Gold Weekly Outlook
May 25, 2020 08:05 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1728.69 Kijun-Sen- $1713.30 Gold is trading weak for 2nd consecutive week after hitting a high of $1765. The strong US dollar and slight jump US bond yield...
FxWirePro: EUR/JPY erases early gains, extends weakness ahead of German IFO Expectations Index
May 25, 2020 06:55 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY has erased early gains and has slipped lower from session highs at 117.55 and was trading at 117.13 at around 06:35 GMT. The pair is extending weakness for the 3rd straight...
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