
FxWirePro: USDCAD recovers sharply on weak crude oil price, good to buy on dips
Mar 30, 2020 17:33 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.43075 Kijun-Sen- 1.42260 USDCAD showed a nice recovery of more than 200 pips on weak Crude oil prices. WTI crude oil has gone below $20 and hits the lowest level in 18...

FxWirePro: Swedish Krona extends losses on deeper recession fears
Mar 30, 2020 13:06 pm UTC| Technicals
The Swedish Krona declined, extending losses for the fourth straight session amid growing concerns that the Swedish economy faces a deeper recession than in the 2008/09 financial crisis. The economy is expected to...

FxWirePro: Sell EURUSD on rallies
Mar 30, 2020 12:30 pm UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 1.10505 Kijun-Sen- 1.09468 EURUSD is trading lower after hitting a high of 1.11476. The pair pared most of the gains made the previous week. The massive...

FxWirePro: Daily Commodity Tracker - 30th March, 2020
Mar 30, 2020 12:08 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major and minor trend - Strongly bearish Oscillators: Oversold (no sign of reversal) Bollinger Bands: Widening on Daily, Weekly and Monthly charts Intraday High/Low:...

FxWirePro: USD/TRY hits 1-week peak on CBRT's latest COVID-19 measures
Mar 30, 2020 11:58 am UTC| Technicals
The Turkish Lira plunged to a 1-week low after the Turkish bank cuts credit card costs in the latest COVID-19 step. Turkeys central bank lowered the maximum interest rates that banks can charge on credit card debtto...

FxWirePro: USD/NOK retreats from 1-1/2 week trough, finds support at 20-EMA
Mar 30, 2020 10:55 am UTC| Technicals
The Norwegian Krone nudged lower, hovering away from a 1-1/2 week low hit in the previous session as the greenback surged across the board. The pair found strong support at 20-EMA on Friday to close 0.5 percent higher...

FxWirePro: EUR/JPY retraces below 200-DMA, euro extends weakness ahead of German Prelim CPI
Mar 30, 2020 10:42 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.71% lower on the day at 119.39 at around 10:25 GMT, bias is turning bearish. The pair has retraced below 200-DMA and has failed to extend cloud breakout. The...