
FxWirePro: Norwegian Krone rallies to 2-week peak on Norges bank actions
Apr 02, 2020 12:27 pm UTC| Technicals
The Norwegian Krone rallied to a fresh 2-week peak as the market weighed the latest action by the Norges Bank and the government. Norways central bank extended the period in which banks can access F-loans to the end...

FxWirePro: USDCHF trades flat, break above 0.9700 targets 0.9800
Apr 02, 2020 12:27 pm UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 0.96714 Kijun-Sen- 0.96707 USDCHF is trading in a narrow range between 0.95960 and 0.96910 for the past two trading days. The trend is on the higher side...

FxWirePro: EURUSD Daily outlook
Apr 02, 2020 12:03 pm UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 1.09393 Kijun-Sen- 1.09363 EURUSD hits days low after a minor jump till 1.09643. The overall trend is still weak as long as resistance 1.1040 holds. The...

FxWirePro: Daily Commodity Tracker - 2nd April, 2020
Apr 02, 2020 11:55 am UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major trend - Strongly bearish; Minor trend - Neutral Oscillators: Oversold (on verge of rollover into neutral) Bollinger Bands: Shrinking on Daily charts, Widening...

FxWirePro: EUR/GBP pivotal at 200-DMA support at 0.8753, break below opens downside
Apr 02, 2020 11:19 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading 0.83% lower on the day at 0.8783 at around 11:00 GMT, extending weakness for the 8th straight session. The pair has edged higher from session lows at 0.8759, finds...

FxWirePro: USD/TRY retreats from 1-1/2 year peak, fails to sustain gains above 6.7000
Apr 02, 2020 10:55 am UTC| Technicals
The Turkish Lira nudged up after falling to a 1-1/2 year trough earlier in the session. Economists say Turkey is on the verge of another possible recession as the fallout from the coronavirus is expected to hurt...

FxWirePro: USD/JPY slips below 38.2% Fib, further weakness on charts
Apr 02, 2020 10:02 am UTC| Technicals Research & Analysis
USD/JPY chart - Trading View USD/JPY has slipped below 38.2% Fib, bias is strongly bearish. The major was trading 0.12% higher on the day at 107.27 at around 09:30 GMT, after closing 0.31% lower in the previous...