
Feb 18, 2020 10:15 am UTC| Technicals
FTSE100 is trading weak after a minor jump till 7556 on Feb 12th. The decline was mainly due to weakness in global stock markets. US markets especially SP500 lost more than 0.8% from an all-time high of 3390 due to the...

FxWirePro: Sell USDJPY on rallies
Feb 18, 2020 10:13 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 109.87 Kijun-Sen- 109.80 USDJPY is consolidating in a narrow range after hitting a high of 110.13. The outbreak of coronavirus is supporting Safe-haven...

FxWirePro: EUR/GBP extends rebound, faces resistance at 7-EMA
Feb 18, 2020 09:44 am UTC| Technicals
The euro rose to a 5-day peak against the British pound as investors priced in looser financial conditions under Britains new finance minister. Moreover, lingering worries about economic ties between Britain and the...

FxWirePro: Silver rises remarkably in European hours, stay bullish
Feb 18, 2020 09:33 am UTC| Technicals
XAG/USD is currently trading around $17.89 marks. It made intraday high at $17.91 and low at $17.78 levels. Intraday bias remains bullish till the time pair holds key support at $17.70 mark. A daily close...

FxWirePro: Aussie plunges to 1-week trough following RBA policy meeting minutes
Feb 18, 2020 08:59 am UTC| Technicals
The Australian dollar plunged to a 1-week low following the release of the last Reserve Bank of Australia policy meeting minutes. Minutes from the RBAs first meeting of the year showed policymakers discussed easing...

FxWirePro: USD/ZAR touches key resistance at 15.06 mark, further upside movement likely
Feb 18, 2020 08:24 am UTC| Technicals
USD/ZAR is currently trading around 15.04 levels. It made intraday high at 15.06 and low at 14.96 levels. Intraday bias remains bullish till the time pair holds key resistance at 14.94 mark. A daily close...

Feb 18, 2020 07:11 am UTC| Technicals
Ichimoku analysis (8-hour) Tenken-Sen- $1579 Kijun-Sen- $1570 Gold continues to trade higher for 4th consecutive days as demand for safe-haven assets increased due to coronavirus. The total number of...