
FxWirePro: EUR/GBP holds 200-DMA support, break below to drag prices lower
Apr 06, 2020 12:23 pm UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP fails to extend previous sessions gains, trades 0.36% lower on the day at 0.8769 at around 11:45 GMT. The pair finds strong support at 200-DMA at 0.8751, break below will see...

FxWirePro: USD/NOK retreats from near 1-week peak, finds resistance at 10-DMA
Apr 06, 2020 11:47 am UTC| Technicals
The Norwegian Krone nudged up, retreating from a near 1-week low recorded in the prior session after Norway said on Saturday it would consider cutting its oil production if a global deal to curb supply is agreed by the...

Apr 06, 2020 11:34 am UTC| Technicals Research & Analysis
EUR/CHF chart - Trading View EUR/CHF was trading 0.18% higher on the day at 1.0568 at around 10:40 GMT, bias is neutral. Recovery in the global risk sentiment undermined the Swiss francs safe-haven...
FxWirePro: Turkish lira at its lowest since August 2018 on worries over coronavirus impact
Apr 06, 2020 10:27 am UTC| Technicals
The Turkish Lira slumped to an over 1-1/2 year trough as the spread of the coronavirus weighed on sentiment. Investors remain fretted over the countrys ability to cope with the economic and financial impact of the...

FxWirePro: USD/DKK extends gains, likely to break above 6.9440
Apr 06, 2020 08:58 am UTC| Technicals
The Danish Krone declined, extending losses for the sixth straight session, on soft industrial production figures. Denmarks industrial production declined 1.2 percent year-on-year in February, following an upwardly...

FxWirePro: AUD/JPY finds stiff resistance at 21-EMA at 66.48, good to short upticks
Apr 06, 2020 08:37 am UTC| Technicals Research & Analysis
AUD/JPY chart - Trading View AUD/JPY was trading 1.63% higher on the day at 66.025 at around 08:20 GMT after closing 0.55% lower in the previous session. The pair has broken above 5-DMA and is consolidating break...

FxWirePro: USDCHF Daily Outlook
Apr 06, 2020 08:29 am UTC| Technicals
Ichimoku Analysis (Daily Outlook) Tenken-Sen- 0.96749 Kijun-Sen- 0.95420 USDCHF continues to trade higher for 6th consecutive days and jumped more than 250 pips. The jump was mainly due to broad-based...