
FxWirePro: EUR/KRW hovers around 1,300 mark, consistent close above requires for upside rally
Feb 21, 2020 01:56 am UTC| Technicals
EUR/KRW is currently trading around 1,299 mark. It made intraday high at 1,300 and low at 1,298 levels. Intraday bias remains bullish till the time pair holds key support at 1,288 mark. A sustained...

FxWirePro:GBP/AUD consolidates above rising trendline,Outlook is bullish
Feb 20, 2020 17:19 pm UTC| Technicals
GBP/AUD recovered ground on Thursday, as the pair found support at 1.9303 (Trend line). Currently,the 1.9303 (Trend line) barrier is restricting lower move, will likely be a speed bump to bears. Technical signals...

FxWirePro: USDCHF faces strong resistance at 200-day MA, good to buy on dips
Feb 20, 2020 13:31 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.97921 Kijun-Sen- 0.97289 USDCHF is trading range-bound after hitting an intraday high of 0.98485. The pair was one of the best performers this month and...

FxWirePro: USD/TRY at its highest since May 2019, good to buy on dips
Feb 20, 2020 12:19 pm UTC| Technicals
The Turkish Lira plunged to a fresh 8-1/2 month low as the dust settled over Central Bank of the Republic of Turkeys monetary policy decision. The CBRT slashed its one-week repo auction rate by 50bps to 10.75 percent...

FxWirePro: USD/DKK rallies to near 3-year peak on weak Danish consumer confidence
Feb 20, 2020 11:40 am UTC| Technicals
The Danish Krone plunged to a fresh near 3-year trough following the release of downbeat consumer confidence data. Denmarks consumer confidence index declined to 3.3 in February from 4.5 in January due to...

FxWirePro: EUR/SEK at 2-week peak, intraday bias bullish
Feb 20, 2020 11:17 am UTC| Technicals
The Swedish Krona slumped to a fresh 2-week trough as investors digested worse-than-expected inflation rate. Swedens consumer price index decreased 1.40 percent in January of 2020 after posting a rise of 0.4 percent...

FxWirePro: USDCAD downside capped by 200-day MA, good to buy on dips
Feb 20, 2020 11:17 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- 1.32725 Kijun-Sen- 1.31809 USDCAD is trading weak for past 1-week and shown a minor recovery. The dip was mainly due to a surge in crude oil prices. WTI...