
FxWirePro: USD/NOK nudges closer to record peak, likely to close above 9.4000
Feb 26, 2020 12:06 pm UTC| Technicals
The Norwegian Krone declined, hovering towards a record low hit in the prior session despite upbeat unemployment rate. Norways seasonally adjusted unemployment rate stood at 3.9 percent in the three months to January,...

FxWirePro: USD/TRY jumps to fresh 9-1/2 month peak, intraday bias bullish
Feb 26, 2020 11:40 am UTC| Technicals
The Turkish Lira plunged to a new 9-1/2 month low hit earlier in the session. On Tuesday, the Turkish currency rallied to a near 1-week peak but closed 0.4 percent lower at 6.1408. USD/TRY is trading 0.3 percent...

FxWirePro: USD/DKK tumbles to 2-week trough, dip till 6.8490 likely
Feb 26, 2020 10:56 am UTC| Technicals
The Danish Krone consolidated within narrow after rising to a 2-week peak earlier in the session. Investors now await Denmarks business confidence data due tomorrow for further clues on the strength of the...

FxWirePro: EUR/GBP breaks above 21-DMA, good to buy on dips
Feb 26, 2020 09:59 am UTC| Technicals
The euro rallied to a near 1-week peak against the British pound as investors await developments in Brussels and London. The European Union and Britain begin their negotiations to agree a trade deal for the end of a...

FxWirePro: Gold downside capped by 200-HMA, good to buy on dips
Feb 26, 2020 09:36 am UTC| Technicals
Ichimoku Analysis (Hour chart) Tenken-Sen- $1637.90 Kijun-Sen- $1641.90 Gold has halted its bullish trend after hitting a 7-year high around $1686. The yellow metal was one of the best-performing...

FxWirePro: Silver erases previous loss against U.S. dollar, stay long only above $18.20 mark
Feb 26, 2020 09:04 am UTC| Technicals
XAG/USD is currently trading around $18.13 marks. It made intraday high at $18.19 and low at $17.98 levels. Intraday bias remains bullish till the time pair holds key support at $17.87 mark. A daily close...

FxWirePro: Aussie plunges near 11-year low amid persisting coronavirus fears
Feb 26, 2020 08:55 am UTC| Technicals
The Australian dollar plunged to a near 11-year trough as the rapid spread of the virus and its impact on global economic activities increased bets for monetary policy easing by global central banks. Investors brace...