FxWirePro: Sell USDCHF on rallies
Mar 26, 2020 08:55 am UTC| Technicals
Ichimoku Analysis (hourly chart) Tenken-Sen- 0.9788 Kijun-Sen- 0.98090 USDCHF is trading weak for 4th consecutive days and lost more than 150 pips on broad-based US dollar selling.DXY has broken...
FxWirePro: US dollar index Daily outlook
Mar 26, 2020 07:40 am UTC| Technicals
Chart pattern- Double top As per our analysis, DXY is trading weak for the past 2 trading days. It has formed a temporary top around 102.99 and lost more than 150 pips. The U.S Senate has passed a $2tn coronavirus...
FxWirePro: EUR/CHF tests 50-DMA, breakout required for further upside
Mar 26, 2020 07:39 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF capped at 50-DMA resistance, intraday bias is bullish. The pair has formed a Doji at 50-DMA resistance, break above required for further upside. The single currency buoyed as...
FxWirePro: Gold downside capped by 23.6% fib, good to buy on dips
Mar 26, 2020 06:31 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- $1608 Kijun-Sen- $1547 Gold has shown a minor decline after hitting a high of $1640. The slight improvement in demand for riskier assets is putting pressure...
FxWirePro: USD/CNY jumps above 7.11 mark, stay long
Mar 26, 2020 06:12 am UTC| Technicals
USD/CNY is currently trading around 7.1125 marks. It made intraday high at 7.1132 and low at 7.0892 levels. Intraday bias remains bullish till the time pair holds key support at 7.0459 mark. A sustained...
FxWirePro: Indian rupee reverses previous loss against U.S. dollar, bias turns slightly bearish
Mar 26, 2020 05:59 am UTC| Technicals
USD/INR is currently trading around 75.42 marks. It made intraday high at 76.31 and low at 75.16 marks. Intraday bias remains bearish for the moment. Key resistances are seen at 76.40, 77.41, 77.78, 78.12,...
FxWirePro: USD/TWD exhibits range bound movement, stay neutral
Mar 26, 2020 04:41 am UTC| Technicals
USD/TWD is currently trading around 30.28 marks. It made intraday high at 30.32 and low at 30.25 marks. Intraday bias remains neutral for the moment. A daily close above 30.55 will drag the parity up towards...
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