
FxWirePro: Aussie attempts a minor recovery, struggles to break above 0.6600
Feb 27, 2020 08:51 am UTC| Technicals
The Australian dollar nudged up after tumbling to a near 11-year trough earlier in the day on rising fears of a pandemic. The major attempted a minor recovery as the greenback eased on bets for a rate cut by the U.S....

FxWirePro: USDJPY faces strong support at 21-day MA, break below targets 109
Feb 27, 2020 08:38 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 110.94 Kijun-Sen- 110.27 USDJPY has once again declined after a minor recovery till 110.70. The demand for Safe-haven assets like yen, gold has increased...

FxWirePro: South African rand trades marginally higher ahead of PPI data
Feb 27, 2020 07:48 am UTC| Technicals
USD/ZAR is currently trading around 15.26 levels. It made intraday high at 15.31 and low at 15.23 levels. Intraday bias remains bearish till the time pair holds key resistance at 15.40 mark. A daily close...

Feb 27, 2020 06:48 am UTC| Technicals
Ichimoku Analysis (Hour chart) Tenken-Sen- $1644 Kijun-Sen- $1641.90 Gold has recovered more than $25 from yesterdays low of $1625. The jump was mainly due to weakness in the global stock market on...

FxWirePro: Indian rupee rises gradually against U.S. dollar, downside limited
Feb 27, 2020 06:32 am UTC| Technicals
USD/INR is currently trading around 71.63 marks. It made intraday high at 71.72 and low at 71.56 marks. Intraday bias remains bearish till the time pair holds key resistance at 71.75 mark. Key resistances...

FxWirePro: USD/CNY trades flat at 7.0180 mark, stay long only above 7.0250 mark
Feb 27, 2020 05:33 am UTC| Technicals
USD/CNY is currently trading around 7.0182 marks. It made intraday high at 7.0225 and low at 7.0160 levels. Intraday bias remains neutral till the time pair holds key resistance at 7.0250 mark. A sustained...

FxWirePro: USD/THB rejects key resistance at 31.92 mark, short term trend reversal likely
Feb 27, 2020 03:32 am UTC| Technicals
USD/THB is currently trading around 31.80 marks. It made intraday high at 31.86 and low at 31.78 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 31.92 mark. On the top side,...