
FxWirePro: USD/NOK held firm near 3-1/2 week peak, likely to test 10.7000
Apr 22, 2020 10:57 am UTC| Technicals
The Norwegian Krone consolidated near a 3-1/2 week low hit in the prior session as oil slumped to less than $16 a barrel, hitting its lowest since mid-1999. International benchmark Brent crude was trading 0.6 percent...

FxWirePro: GBPJPY trades above 200-H MA, jump till 134 likely
Apr 22, 2020 10:38 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 133.07 Kijun-Sen- 133.42 GBPJPY has recovered more than 100 pips due to a sudden surge in Pound sterling. GBP jumped more than 100 pips, especially against...

FxWirePro: Turkish Lira hovers towards 1-1/2 year trough despite CBRT set to cut interest rates
Apr 22, 2020 09:52 am UTC| Technicals
The Turkish Lira declined, hovering towards a 1-1/2 year low hit in the previous session following soft consumer confidence figures. Turkeys consumer confidence index fell to a record low of 54.9 in April from 58.2 in...

FxWirePro: Silver back above $14.90 mark, faces immediate resistance at $15.02 mark
Apr 22, 2020 09:13 am UTC| Technicals
XAG/USD is currently trading around $14.93 marks. It made intraday high at $14.99 and low at $14.68 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.02 mark. A...

FxWirePro: USD/DKK consolidates within narrow ranges amid market turmoil
Apr 22, 2020 08:53 am UTC| Technicals
The Danish Krone consolidated within narrow ranges as investors turned cautious amid fragile equities and falling crude price The Danish is currency is likely to remain on the downside, weighed down by weak consumer...

FxWirePro: South African rand trades flat ahead of CPI, core CPI data
Apr 22, 2020 07:24 am UTC| Technicals
USD/ZAR is currently trading around 18.90 levels. It made intraday high at 19.06 and low at 18.88 levels. Intraday bias remains neutral till the time pair holds key resistance at 18.94 mark. A daily close...

FxWirePro: Copper extends weakness for the 3rd straight session, dip till 2.162 likely
Apr 22, 2020 07:17 am UTC| Technicals Research & Analysis
Copper chart - Trading View Copper is extending weakness for the 3rd straight session, bias has turned bearish. The pair was trading 1.04% lower on the day at 2.223 at around 07:10 GMT after closing 2.475 lower in...