
FxWirePro: USD/NOK hovers towards record high, intraday bias bullish
Feb 25, 2020 12:17 pm UTC| Technicals
The Norwegian Krone plunged, hovering towards a time low recorded in the prior session. The Norwegian currency attempted a minor recovery earlier in the day but failed to sustain gains. USD/NOK trades 0.1 percent...

FxWirePro: USD/DKK retreats from 1-1/2 week trough, jump till 6.9075 likely
Feb 25, 2020 12:02 pm UTC| Technicals
The Danish Krone eased, halting a 2-day rally as the greenback surged against a basket of currencies. On Monday, the Danish currency rallied to an over 1-week peak following better-than-expected retail...
FxWirePro: USD/TRY retreats from near 1-week trough, likely to break above 6.1600
Feb 25, 2020 11:21 am UTC| Technicals
The Turkish Lira declined, hovering towards a 9-1/2 month low hit in the previous session. Earlier in the day, the Turkish currency rallied to a near 1-week peak, but failed to sustain gains. USD/TRY is...

FxWirePro: EUR/GBP eases below 0.8400, faces resistance at 21-DMA
Feb 25, 2020 09:48 am UTC| Technicals
The euro declined against the British pound amid growing expectations that the new UK finance minister will announce more spending at next months budget. However, the downside appears limited as ongoing worries about...

FxWirePro: Silver recovers slightly in European hours, U.S. consumer confidence data in focus
Feb 25, 2020 09:24 am UTC| Technicals
XAG/USD is currently trading around $18.44 marks. It made intraday high at $18.66 and low at $18.26 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $18.67 mark. A...

FxWirePro: USD/ZAR trades in narrow range, stay long only above 15.18 mark
Feb 25, 2020 09:05 am UTC| Technicals
USD/ZAR is currently trading around 15.14 levels. It made intraday high at 15.15 and low at 15.04 levels. Intraday bias remains neutral till the time pair holds key resistance at 15.18 mark. A daily close...

FxWirePro: Aussie consolidates above 0.6600 as coronavirus cases spark pandemic worries
Feb 25, 2020 08:05 am UTC| Technicals
The Australian dollar rebounded from a near 11-year trough as investors raised bets that the growing fallout from the coronavirus outbreak would prompt U.S. interest rate cuts. China reported another rise in new...