
FxWirePro: EUR/SEK halts 3-day winning streak, faces strong resistance at 21-DMA
Apr 16, 2020 12:50 pm UTC| Technicals
The Swedish Krona retreated from a 1-week low after the Riskbank stated that it does not need to cut rates. Swedens central bank stated that proposed changes to the law governing how it operates would limit its...

FxWirePro: Daily Commodity Tracker - 16th April, 2020
Apr 16, 2020 12:39 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:30 GMT) WTI (US OIL): Major and Minor trend - Strongly bearish Oscillators: Oversold, bias lower Bollinger Bands: Volatility Rising on Daily, Weekly and Monthly charts Intraday High/Low:...

FxWirePro: USD/NOK near 2-week peak, likely to test 10.6000
Apr 16, 2020 11:53 am UTC| Technicals
The Norwegian Krone slumped to a near 2-week low as oil prices plunged to multi-year lows. Data released on Wednesday showed U.S. inventories surging the most on record, pushing the U.S. West Texas Intermediate to its...

Apr 16, 2020 11:08 am UTC| Technicals
After WTI crudes price slumps to $19.29 levels which is 18-years lows, it hasnt gone anywhere from the last couple of days, the energy commodity has been oscillating around $20 - $20.50 price band. Technically, despite...

FxWirePro: USD/TRY hits 1-1/2 year peak above 6.900 as coronavirus outbreak hits Turkey's budget
Apr 16, 2020 10:44 am UTC| Technicals
The Turkish Lira slumped to a fresh 1-1/2 year low as the coronavirus fallout hit the governments budget. Turkeys economy is facing a second recession in less than two years due to the COVID-19 pandemic, after having...

FxWirePro: AUD/JPY consolidates previous session's slump, break below 21-EMA to see further weakness
Apr 16, 2020 10:36 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY consolidates previous sessions slump as markets await China Q1 GDP data. The pair was trading largely rangebound on the day after closing 1.77% lower in the previous...

Apr 16, 2020 09:55 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP is extending range trade for the 3rd straight session, bias remains neutral to slightly bullish. The pair was trading at 0.8712 at around 09:45 GMT, with session highs at 0.8727...